ECFA combines "Twelfth Five-Year Plan" to promote win-win LED industry across the Taiwan Strait

Taiwan media reported that the cross-strait economic agreement (ECFA) came into effect, and various economic cooperation plans are gradually unfolding, which is expected to inject new growth momentum into the Taiwan economy. At the same time, the “Twelfth Five-Year Plan” developed by the mainland will be implemented from next year. The blueprint for the economic and industrial development of the mainland in the next five years, combined with ECFA, will undoubtedly touch the competitive relationship between the two industries, thus further affecting Taiwan. The development of the "Golden Decade" is worthy of attention.

Taiwan’s “Economic Daily” editorial pointed out on the 13th that the “Twelfth Five-Year Plan” is based on “stable growth, restructuring, and consumption promotion”. The general direction is “accelerating the transformation of economic development mode”, with special emphasis on fostering strategic development. Industry and service industry. Under the guidance of the new strategic industrial policy, the emerging industries of high value-added processing and manufacturing, energy conservation and environmental protection, energy and raw materials, information, biomedicine, etc. will gradually become important industries. As for the service industry, market access restrictions and urbanization will be relaxed. Under the promotion of the reform of the income distribution system, the medical and health, education, transportation, logistics, telecommunications and other industries are expected to have rapid development; the transformation of the economic growth model can be for the financial services, leasing and other productive services, health care, and culture. Emerging modern service industries such as entertainment provide more room for growth.

Under the ECFA mechanism, Taiwan should grasp the structural adjustments and new industrial development opportunities in the process of implementing the "Twelfth Five-Year Plan" in the mainland, and promote cross-strait industrial cooperation to create a win-win situation. In terms of industry categories, the mainland proposes seven strategic emerging industries, including new energy, energy conservation and environmental protection, new materials, biology, new energy vehicles, next-generation information technology, high-end equipment manufacturing, etc., and the six emerging industries planned by the government. Such as green energy, biotechnology, and the four emerging smart industries, such as cloud computing, smart electric vehicles, etc., there is a fairly high homogeneity, which shows that the two sides of the strait are interested in the development direction of emerging industries, and there should be broad cooperation in the future. space.

In editorial analysis, at the macro level, cross-strait industrial development has its own advantages and disadvantages; in general, Taiwan has a strong industrial base, a complete industrial chain, strong R&D and innovation capabilities, but lacks brand and market support; Advantages, but the industrial chain is weak, especially the upstream raw material supply and technology, innovation ability is insufficient. Therefore, if the two sides can work together to form a complete industrial system, they will be able to take advantage of integration and enhance their international competitiveness.

However, at the micro level, cross-strait industries inevitably have conflicts of interest, which may affect the development of cooperation. The first is competition between enterprises; as mainland enterprises become more mature and strong, the leading advantages of Taiwanese business management and technology ownership will gradually disappear, and the willingness to cooperate will face challenges. Second is the competition between industries; the comprehensive strength of the mainland is enhanced, and a complete industrial system is actively constructed. However, Taiwan's industry is subject to the market hinterland, the development speed is slow, and the cross-strait industrial competition and cooperation relationship is gradually changing. In the past, the cross-strait industrial advantages complemented each other, and the two sides of the two sides were discussed. In the new situation, it is likely to be outdated. Therefore, it is a subject of cross-strait official responsibility to resolve the psychological obstacles of "mutual competition" between the two sides of the strait industry and enhance mutual willingness to cooperate.

The editorial emphasizes that promoting cross-strait industrial cooperation is one of the important contents of ECFA. The mainland has a vast market hinterland and is already the most important production base in the world. The economies of scale generated by cross-strait industrial cooperation will be the transformation and upgrading of Taiwanese enterprises and the Taiwan economy. Continued growth brings opportunities for a virtuous circle. The authorities should develop relevant policies that can make full use of the mainland's "Twelfth Five-Year Plan" and ECFA business opportunities, and strive to promote cross-strait cooperation from the current shallow enterprises, upgrade to deep industrial integration, and jointly establish a complete industrial chain system.

The editorial finally stated that since the end of 2008, the “Industrial Bridge Project” project promoted by the official support of the two sides has held nearly 20 meetings for 15 key industries, and has achieved initial success in facilitating corporate exchanges and cooperation. Taking the LED industry as an example, under the bridge project, cross-strait operators are planning to compile "cross-strait LED industry cooperation milestones" and "industry white papers", and strengthen interactive research to implement product standards and testing. However, the biggest obstacle to promoting cross-strait industrial cooperation lies in the lack of mutual trust between the two sides of the strait. In addition to the “bridge project”, the two sides need to have specific planning plans and policy support.

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