Source: Global Network
[Global Network Report] Taiwan Far East Group's investment enterprises in mainland China were investigated and punished in accordance with the law for illegal and irregular activities. According to reports from the United Daily News and other Taiwanese media on the 22nd, Wang Meihua, the "Economic Minister" of the Taiwan authorities, said in an interview that the Far East Group was indeed punished by the mainland for environmental protection and taxation problems. She said that more than 90% of the violations have been improved and will be improved by the end of the year.
Wang Meihua’s information picture (Photo source: United Daily News)
reported that Wang Meihua attended the "Legislative Yuan Economic Committee" today (22nd) and gave a special report. She made the above response when she was interviewed by the media after the meeting. As for whether there is a way to assist through the cross-strait consultation mechanism, Wang Meihua said that she would understand the relevant situation and see if Far East Company needs assistance.
Response to Wang Meihua, netizens on the island left a message, "This 'minister' knows nothing, he only hugs Xiaoying (referring to Tsai Ing-wen)'s thigh."
Someone else said, "It's funny, the cross-strait consultation mechanism assists, is there any mechanism? Far East will rely on you, but you are not the smart Director Xu (Chairman of Far East Group Xu Xudong )."
Xinhua News Agency html reported on 522 that recently, relevant law enforcement departments of five provinces and cities including Shanghai, Jiangsu, Jiangxi, Hubei, and Sichuan have carried out law enforcement inspections and found that the chemical fiber textile and cement enterprises invested by Taiwan Far East Group in local areas have had a series of illegal and irregular behaviors in environmental protection, land use, employee occupational health, production safety, fire protection, taxation, product quality, etc. In accordance with national laws and regulations, the company involved was fined, tax recovery, and rectification within a time limit, and the company's idle construction land was recovered.
The company involved in Far East Group admitted that there were illegal and irregular facts and had paid or was paying fines and taxes in accordance with the procedures. Investigation and punishment of illegal and irregular issues is still underway.
Taiwan's United Daily News reported on the 22nd that Lin Bofeng, chairman of the Taiwan Association of Industry and Commerce, believes that this should be just an individual case and will not affect the investment intention of Taiwanese businessmen in the mainland. Lin Bofeng said that wherever the market is, investment should be invested. Investment should be evaluated by the market, not by trust. The investment environment in the mainland is still better than Southeast Asia. However, if cross-strait relations improve, the Straits Foundation and the Straits Association of Taiwan and the Hitland Association will resume institutional negotiations, and the guarantee and willingness of Taiwanese businessmen to invest in the mainland will be improved.
