Affected by the new crown epidemic this year, most countries and regions have performed poorly. The island’s green camp media took the opportunity to promote Taiwan’s economy’s “excellent performance” and “the “four little dragons” first”, and even clamored that Taiwan should seize the opportunity to “take advantage of the epidemic” to accelerate its decoupling from the mainland.
According to statistics from Taiwan, from January to June 2020, the export of electronic components (including semiconductors) increased by 20.2%, the growth rate reached a 10-year high, and the export of information and communication products increased by 10.3%. Both exports accounted for 52.1% of Taiwan’s total exports. Taiwan's overall exports maintained a positive growth of 0.5% in the first half of the year. However, the data shows that the key to maintaining a positive growth of Taiwan's economy under the impact of the new crown epidemic is still the close cooperation between the two sides of the economy.
Although Taiwan’s economy has not been hit hard in terms of electronic components and information and communication products, it is worth noting that other industries in Taiwan such as textiles, machinery, plastics and rubber products have performed poorly, with exports generally falling by about 10%, and aviation and tourism Mourning everywhere. Various sectors predict that Taiwan may also face the arduous challenge of a large increase in the number of unemployed persons in the second half of the year.
Based on the "Taiwan Independence Ideology", the DPP authorities implemented the "cross-strait economic decoupling" policy line, which simply cannot reverse the trend of cross-strait economic and social integration. However, its "New Southward Policy" implemented for "cross-strait economic decoupling" is on the verge of bankruptcy. Taiwan's exports to ASEAN have continued to decline, falling by 0.7% and 7.2% in 2018 and 2019 respectively, and another 4.8% from January to June 2020. , The proportion of exports fell to 15.7%, hitting a 10-year low.
It can be seen that Taiwan’s economy simply cannot be “decoupled” from the mainland, and forcibly using “Taiwan independence ideology” to dominate economic policies and resist market laws will only outweigh the gains or even break the blood.
In fact, the key to Taiwan's economy to get rid of "mediocre growth" lies in the cross-strait economic and social integration and development. If Taiwan continues to promote cross-strait economic institutionalization cooperation, promote the implementation of the "cross-strait service trade agreement" and negotiate with the mainland to sign a "goods trade agreement", various industries on the island, especially the modern service industry that is still more competitive To make full use of the vast market of the mainland, to achieve its own development and growth, and to provide more high-paying and high-quality jobs, to improve the structural predicament of the stagnation of the real wage growth of the Taiwanese people.
But unfortunately, under the deliberate manipulation of the DPP authorities, the "anti-China" atmosphere on the island has remained unrelenting, and even if the island's business community has repeatedly called for the implementation of "service trade" and "goods trade", it is still far away.
The suspension of economic cooperation between the two sides of the strait has not only caused Taiwan’s competitiveness to rapidly pass through constant wastage, but also made Taiwan’s economy face a severe marginalization dilemma.
If the DPP authorities continue to deny the "1992 Consensus", ignore the stagnation of cross-strait economic institutionalization cooperation, and reject cross-strait economic and social integration and development, then Taiwan will only become an "orphan in Asia". (China Taiwan Network Li Dan)