A spokesman for Taiwan's Kuomintang (KMT) Party said in Taipei Sunday that the party will work out a "Statute on Cross-Straits Economy and Trade", and amend the current "Statute on Cross-Straits Relations", in a bid to streamline cross-Straits economic cooperation and exchanges.
Lin Fong-cheng, secretary-general of the KMT's Central Committee, claimed at a seminar that during the conference of the "Legislative Yuan" on February 20 the KMT would help push forward financial reform and economic development, and smooth cross-Straits relationships.
The party recognizes that China's mainland has become one of the major production bases for Taiwan's industries. Therefore, it is necessary to amend some items in the "Statute on Cross-Straits Relations" to maintain Taiwan's economic momentum, Lin explained.
The party aims to expand Tiawan's fields of investment in the mainland, as well as to boost technology cooperation, commerce and cross-Straits trade.
In the field of cross-Straits exchanges, the KMT will increase the number of items in the "Statute on Cross-Straits Relations", including direct links in trade, authentication of mainland university diplomas and mainland advertisements in Taiwan.
During the two-day seminar, the participants will discuss 55 bills to be sponsored by the party.
(Xinhua 02/19/2001)
