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September 25, 2017

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DPP bigwig in China on financial exchange visit

TAIPEI -- Former Finance Minister Lin Chuan, now head of a Democratic Progressive Party (DPP) think tank, is visiting China to promote financial exchanges, DPP officials said Sunday.

The visit is non-political as Lin and his delegation are focusing on financial matters only, said Hung Yao-fu, director of former DPP Chairperson Tsai Ing-wen's office.

Confirming media reports, Hung said it is an exchange trip following a visit to Taiwan last year by Ding Zhijie, dean of China's University of International Business and Economics' School of Banking and Finance, and Cao Yuanzheng, chief economist of the Bank of China.

During that visit, Cao gave a speech on the internationalization of the renminbi, at the opposition DPP's Thinking Taiwan Foundation, which was established by Tsai.

On the current exchange visit, Lin's delegation includes Antonio Chiang, former deputy secretary-general of the National Security Council; Chang Ching-sen, former vice chairman of the Council for Economic Planning and Development; and other high level personnel from the think tank.

The DPP welcomes any move that could help promote exchanges with China, the party's spokesperson Chang Chun-han said, adding that the DPP recognizes the active efforts of the foundation to build cross-Taiwan Strait communication.

On Jan. 9, the DPP adopted a new China policy that encourages exchanges with cities and think tanks across the strait.

Upon his return to Taiwan on Jan. 20, Lin will hold a press conference to report on his visit to China, according to Hung.

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