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Office of Taiwan Affairs: New measures to open the main land finance industry provide a rare opportunity for Taiwan-funded financial institutions – Xinhuanet



</p><p>Office of Taiwan Affairs: New measures to open the main land finance industry provide a rare opportunity for Taiwan-funded financial institutions – Xinhuanet

Xinhua News Agency, Beijing, October 30 (Correspondent Shi Longhong, Li Hanfang, Yu Jia) Taiwan State Council Office Spokesperson Ma Xiaoguang, held a regular press conference on October 30, October 15, the State Council announced the revision of the management of foreign insurance companies. Regulations and the decision of the Regulation on the Administration of Foreign Banks. With this revision, the entry conditions of the foreign investing insurance companies and foreign banks will be loosened and the process of opening the financial sector will be accelerated. The relevant explicit measures also apply to Taiwan-funded financial institutions and will provide a rare opportunity to share development outcomes on the mainland.

A reporter asked: The concerns of the ECFA (Framework Agreement on the Economic Cooperation between the Straits) in relation to the general public, whether or not to be terminated after the end of 10 years of next year, the Taiwanese Works Council recently announced that the implementation of the mainland cross-border agreements due to political factors said he was not happy to see. What is the comment of the spokesperson?

Ma Xiaoguang said that since the signing of the ECFA, the mainland has taken its commitment to ensuring the proper implementation of the ECFA. As of the end of June 2019, in the early harvest of commodity trade, the total tariff reductions of the mainland to Taiwan were about 37.53 billion yuan. It should be noted that the first harvested product list provides concrete benefits to SMEs and farmers and fishermen on the island. From 2010 to 2018, Taiwan's exports of agricultural products to the mainland doubled at the beginning of the harvest list, and the mainland became Taiwan's largest market for agricultural products.

He noted that tax mitigation arrangements and opening measures of the early harvest plan are only a small part of cross-border trade and market opening. Unfortunately, for obvious reasons, the ECFA's follow-up service trade agreement could not come into force, and the negotiation of goods and trade agreement was interrupted, and the ECFA could not benefit more Taiwanese citizens. Those seeking benefits for their citizens on both sides of the bull and on both sides of the bull can harm the interests of citizens on both sides of the bull and create cross-links for the sake of their political interests.

A reporter asked: "Double 11" is coming soon … The new online shopping platform "Taobao Taiwan" has officially landed on the island, DPP officials said it was a land-based bypass to take over the market and they had to retreat. What is the spokesperson's interpretation?

Ma Xiaoguang has said that since the “Double 11” e-commerce shopping festival was held for the first time in 2009, it has become a feast for all people shopping on November 11 each year, and has received an enthusiastic response from the Taiwanese people and businesses. active participation. “Taobao Taiwan hizmet served the Taiwanese people and businesses on the island and gave consumers many privileges at this year's 11 Double 11 .T. We are pleased to see that the majority of Taiwanese people are getting financial benefits and benefits. DPP officials have never taken public interest seriously, and will have no effect, as well as harm the interests and interests of Taiwanese citizens to break roads, dig holes and build walls.

Office of Taiwan Affairs: New measures to open the main land finance industry provide a rare opportunity for Taiwan-funded financial institutions – Xinhuanet


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