With the Chinese economy facing headwinds, Beijing on Thursday last week unveiled a plan to set up an “integrated development demonstration zone” in its Fujian Province to encourage Taiwanese to emigrate or invest there, even as it has deployed a record number of military planes and ships to threaten Taiwan.
It is another example of China using the carrot and the stick.
The Fujian plan, which is being overseen by the Chinese Communist Party’s Central Committee and State Council, has 21 measures to promote integrated development with Taiwan and says that China has made “concessions” to facilitate Taiwanese living, working, studying and conducting business in Fujian, which include buying property and the enrollment of Taiwanese students in public schools. It has a goal of providing a business environment for Taiwanese to deepen Fujian-Taiwan industrial cooperation and develop a cross-strait financial market.