Yang Jinlong, president of the Central Bank of Taiwan, pointed out that the dispute between the United States and mainland China has expanded Taiwan's trade surplus. Taiwan must respond carefully to avoid becoming the target of US trade sanctions.
According to Dongsen News Cloud, Yang Jinlong attended the 2023 International Economic and Financial Trend Forum held at the Political University of Political Science of Taiwan on Saturday (July 29) to use the "latest development of globalization and Taiwan's response".When a topic is a topic, the above statements are made.
Yang Jinlong pointed out that in the face of the US -Lu conflict in recent years, the new change bureau of global development, and the Taiwan enterprises have re -deployed the production line to the overseas bases such as the Asiabean State.It also drives manufacturers' direct investment and triangular trade cross -border capital areas.The diversified layout of the Taiwan Factory's supply chain not only expands Taiwan's economic hinterland, but also reduces the phenomenon of investing in production high in the past.
As far as the financial industry is concerned, Yang Jinlong said that Taiwan is different from financial centers such as Hong Kong and Singapore. They all have clear economic hinterland (for mainland China and Asia, respectively) to support its financial service industry.For a long time, Taiwan's economic development is mainly based on Taiwan factories in the territory or global layout, and the economic hinterland is relatively scattered.As Taiwanese businessmen expand the layout of Asia, the Bank of Taiwan and the Asianianan national funds are closer, which is equivalent to expanding the economic hinterland of the financial service industry to provide new opportunities for development.
In the face of the movement of global development in recent years, Yang Jinlong put forward four points of opinion on Taiwan's economic prospects.
He said that globalization should be a limited and intelligent globalization. In order to avoid the formation of super globalization and alleviate globalization and cause externality and competition.Coordinate to formulate the basic norms of globalization.
Yang Jinlong also said that under the change of geopolitical risks and global supply chain reorganizations, it will bring new development opportunities to Taiwan plants.Taiwan's economic and trade development is more balanced; but companies also face many challenges, urgently need to be appropriate, and with the support and assistance of government policies to allow Taiwan to continue to maintain their competitive advantages and establish an irreplaceable position.
He pointed out that the financial industry complies with the supply chain reorganization and diversified layout, expands the size of the economic hinterland, and assists Taiwanese businessmen to raise funds to increase financial services.We must continue to pay attention to its development and avoid becoming the target of US trade sanctions.