Cross-Strait Economics Independence and Developments in China's Relations with Taiwan

• 作 者: Fahad
• 机 构: Yunnan University of Finance and Economics Information Institute, Kunming Yunnan 650221
• 出 处: 云南财经大学
• 发表日期: 2016年5期

　　The further development of economic globalization causes the status and effect of economic factors to continuously increase in international relations.This new Characteristic is increasingly apparent in cross-strait relations as the course of the reform and opening-up in mainland China,as well as the development of cross-strait economy and trade.Particularly since the mainland and Taiwan signed Economic Cooperation Framework Agreement (ECFA) in 2010, economic development has become one of the most important issues between the two sides.The mainland and Taiwan in the 1980s, cross-strait economics and trade have displayed two primary characteristics.First, the volume of trade, the amount of investment, and especially the economic interdependency between the two sides are all constantly increasing.Second, although under the influence of fluctuating political relations, the cross-strait economic relationship is still maintaining a stable development tendency.Due to the impact of economic globalization, both the mainland and Taiwan are re-examining their own economic Interests and have realized that economic relations form the cornerstone of their relationship.The expanding common interest which is generated from the deepening cross-strait economic exchanges between the mainland and Taiwan is becoming the key factor in both governments political considerations.Cross-strait economic and trade development is thus becoming an interests mechanism which maintains the framework of peace and stability across the Taiwan Strait.