The Ministry of Economic Affairs of Taiwan announced that nine categories of industries, including machine tools and vehicle components, will be included in the list of industries that may be affected by trade liberalization. In the future, they will actively help increase the self-control rate of key components. According to data from the Ministry of Economic Affairs of Taiwan, there are more than 40,000 manufacturers in nine categories, and the annual production value is nearly 2 trillion yuan.
In response to the Cross-Strait Economic Cooperation Agreement (ECFA) and Taiwan’s active negotiation of Free Trade Agreements (FTAs) with Europe, the United States, Singapore, and other countries, the Ministry of Economic Affairs of Taiwan proposed a total of 95.2 billion yuan in response to trade liberalization plans last year. 17 industries, such as swimwear, towels, etc., are sensitive industries that need to strengthen counseling.
Huang Zhongqiu, the Deputy Minister of Taiwan’s Ministry of Economic Affairs, recently chaired an inter-ministerial meeting to finalize two resolutions. One is to add six industries, including hats, scarves, gloves, umbrellas, curtains, and protective gear, to include in the list of sensitive industries; the second is to add nine items. It may be that trade liberalization has affected the industry. There are many strong industries such as machine tools and vehicle components.
The nine industries include the printing industry, machine tools, paper containers, molds, food, sporting goods, automotive components, metal products, and bathroom hardware. The annual output value approaches 2 trillion yuan, involving more than 40,000 companies. The Ministry of Economic Affairs of Taiwan will increase the self-control rate of key components and parts of the company through this year's special subsidy and the establishment of an industrial research and development alliance.
Taiwan’s Ministry of Economic Affairs pointed out that after the two sides negotiated the ECFA, although the machine tool industry could enjoy preferential tariff reductions, the two sides of the strait at that time negotiated a sunset clause. Once the key components of domestic machine tools exported to the mainland were exported in the future, the CNC machine could not achieve Self-made, you can not enjoy tax reduction.
In response to the Cross-Strait Economic Cooperation Agreement (ECFA) and Taiwan’s active negotiation of Free Trade Agreements (FTAs) with Europe, the United States, Singapore, and other countries, the Ministry of Economic Affairs of Taiwan proposed a total of 95.2 billion yuan in response to trade liberalization plans last year. 17 industries, such as swimwear, towels, etc., are sensitive industries that need to strengthen counseling.
Huang Zhongqiu, the Deputy Minister of Taiwan’s Ministry of Economic Affairs, recently chaired an inter-ministerial meeting to finalize two resolutions. One is to add six industries, including hats, scarves, gloves, umbrellas, curtains, and protective gear, to include in the list of sensitive industries; the second is to add nine items. It may be that trade liberalization has affected the industry. There are many strong industries such as machine tools and vehicle components.
The nine industries include the printing industry, machine tools, paper containers, molds, food, sporting goods, automotive components, metal products, and bathroom hardware. The annual output value approaches 2 trillion yuan, involving more than 40,000 companies. The Ministry of Economic Affairs of Taiwan will increase the self-control rate of key components and parts of the company through this year's special subsidy and the establishment of an industrial research and development alliance.
Taiwan’s Ministry of Economic Affairs pointed out that after the two sides negotiated the ECFA, although the machine tool industry could enjoy preferential tariff reductions, the two sides of the strait at that time negotiated a sunset clause. Once the key components of domestic machine tools exported to the mainland were exported in the future, the CNC machine could not achieve Self-made, you can not enjoy tax reduction.
Tuofang Metal Product Co., Ltd. , http://www.hsfieldfence.com