Mainland, Taiwan discuss financial cooperation

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SEF Chairman Chiang Pin-kung said, "Some of our agreements may not take effect immediately, but we must prepare for the implementation in advance."

Mainland's Association for Relations Across the Taiwan  Straits (ARATS) President Chen Yunlin(R) and Taiwan-based  Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung  attend the symposia on industry and shipping in Taipei,  southeast China's Taiwan Province, Nov. 5, 2008. They  attended two symposia, one on industry and shipping and  the other on finance, that were held against the backdrop  of international financial crisis and struggling world  economy in Taipei on Wednesday.(Xinhua Photo)

The visiting ARATS president also met with the chairman of Taiwan's People First Party, James Soong. Soong said Chen Yunlin's visit is a milestone in the development of cross-strait relations and he hopes Taiwan will seize the opportunity for growth.

James Soong, chairman pf People First Party, said, "The two sides have been determined to solve problems with wisdom, persistence and sincerity. The signing of the 4 key agreements is a major milestone. Direct flights across the Straits can improve our competitiveness."

Chen Yunlin is in Taiwan for a five-day visit at the invitation of the SEF. The ongoing talks are the first ever between leaders of the two organizations to be held on the island.

Editor:Zhang Ning