China-Taiwan Companies/Shanghai

Shotlist

Shanghai, China – July 27, 2022 (CGTN – No access Chinese mainland)
1. Various of Chang Chien-Chen, President of Shanghai Taiwan Investors Association, working in office with colleague
2. SOUNDBITE (Chinese) Chang Chien-Chen, President, Shanghai Taiwan Investors Association; President, Shanghai Taiwan Investors Association (starting with shot 1):
“Many of our catering business suspended operations, but our high-end manufacturing sector, especially the large manufacturing enterprises, did not halt production thanks to their sealed-off management, and they were among the first group of companies to resume production . I think all the Taiwan companies, especially those in Shanghai, who have experienced this wave of resurgence are strong on their own and self-reliant, and they can rise again from ashes and have better development.”

Shanghai, China – Recent (CGTN – No access Chinese mainland)
3. Various of workers, robots working at workshops

Shanghai, China – July 27, 2022 (CGTN – No access Chinese mainland)
4. SOUNDBITE (Chinese) Chang Chien-Chen, President, Shanghai Taiwan Investors Association; President, Shanghai Taiwan Investors Association (starting with shot 3/partially overlaid with shot 5):
“A stable cross-Strait relationship is vital for Taiwan business people as it can strengthen the economic, cultural and political communication on both sides of the Strait, boost our industrial development, and inspire Taiwan companies to expand investments in the motherland. The 1992 Consensus is crucial to us because it embodies the political wisdom to shelve disputes and agree to differ, and it’s the greatest common divisor to improve and develop the cross-Strait exchanges.”

++SHOT OVERLAYING SOUNDBITE++
FILE: Shanghai, China – Date Unknown (CCTV – No access Chinese mainland)
5. Various of factory floor, workers
++SHOT OVERLAYING SOUNDBITE++
6. Aerial shots of cityscape, Huangpu River, Lujiazui financial zone

Storyline

Taiwan companies in China’s economic hub Shanghai are recovering rapidly after the city lifted its COVID-19 restrictions on July 1 and they said upholding the one-China principle has facilitated their investments in the mainland market.

Chang Chien-chen has been in Shanghai for nearly 20 years. Her company has invested in property, catering and healthcare sectors on the Chinese mainland.

The latest COVID-19 resurgence did not have the same impact on all sectors, and some could continue operations under Shanghai’s restrictions against the epidemic.

Many of our catering business suspended operations, but our high-end manufacturing sector, especially the large manufacturing enterprises, did not halt production thanks to their sealed-off management, and they were among the first group of companies to resume production . I think all the Taiwan companies, especially those in Shanghai, who have experienced this wave of resurgence are strong on their own and self-reliant, and they can rise again from ashes and have better development,” said Chang.

Chang is also the president of the Shanghai Taiwan Investors Association, which has some 3,000 members. Nearly all of them have resumed operations.

The mainland-based Association for Relations Across the Taiwan Straits and the Taiwan-based Straits Exchange Foundation reached an agreement in 1992 that “both sides of the Taiwan Strait belong to one China and will work together toward national reunification.” This has become known as the 1992 Consensus.

Despite some uncertainties and challenges facing the cross-strait relations, Chang hopes a stable relationship can benefit their investments in the future. And she says upholding the 1992 consensus is the key.

“A stable cross-Strait relationship is vital for Taiwan business people as it can strengthen the economic, cultural and political communication on both sides of the Strait, boost our industrial development, and inspire Taiwan companies to expand investments in the motherland. The 1992 Consensus is crucial to us because it embodies the political wisdom to shelve disputes and agree to differ, and it’s the greatest common divisor to improve and develop the cross-Strait exchanges,” said Chang.