Cho Shih-chao

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Cho Shih-chao
卓士昭
Deputy Minister of Economic Affairs of the Republic of China[1]
Assumed office
October 2014
MinisterWoody Duh
John Deng
ViceShen Jong-chin
Shen Jong-chin, Yang Wei-fuu
Preceded byWoody Duh
Vacant
Vice Minister of Economic Affairs of the Republic of China
Assumed office
July 2012
MinisterShih Yen-shiang
Chang Chia-juch
Woody Duh
DeputyFrancis Liang
Woody Duh
Vacant
ViceWoody Duh
Shen Jong-chin[2]
ROC Representative to Kuwait
In office
2008 – 17 October 2010[3]
Personal details
Born25 October 1951 (1951-10-25) (age 72)
NationalityRepublic of China
Alma materUniversity of Louisville

Cho Shih-chao or Bill Cho (Chinese: 卓士昭; pinyin: Zhuó Shìzhāo; born 25 October 1951) is a Taiwanese politician, who has been the Deputy Minister of Economic Affairs (MOEA) of the Republic of China since October 2014.[4]

ROC Economic Affairs Vice Ministry[edit]

2013 United States visit[edit]

In mid April 2013, Cho led Taiwanese delegations on a visit to Milpitas, California, United States for an investment and trade seminar. He and the delegations presented about Taiwan's investment environment, business opportunities in the manufacturing and service sector, investment environment in the Southern Taiwan Science Park and Taipei City and measures to promote bilateral trade between Taiwan and the United States.

He further stressed the signing of Economic Cooperation Framework Agreement between Taiwan and Mainland China in June 2010 is to increase the services and commodities trade between the two sides and to promote bilateral exchanges and cooperation in education and culture, which helps to make Taiwan a springboard to China.[5]

Taiwan's Q1 2013 economic growth[edit]

Commenting on Taiwan's Q1 2013 lower-than-expected 1.54% economic growth at Legislative Yuan in end of April 2013, Cho said that since 70% of Taiwan's GDP is based on export, the MOEA will try to propose measures to boost the figure. He said that Taiwan still can achieve annual 3% GDP growth if the economy achieves its estimated growth rate for the remaining quarters of 2013. He said that the glow GDP growth figure was due to macroeconomic uncertainties in the global market which drags down Taiwan's export and lower domestic consumption.[6]

Cross-strait service trade[edit]

In end of April 2013, Cho said that the Cross-Strait Service Trade Agreement had been concluded. Both sides will sign the agreement in near future, and hope that the consensus will become effective within the year 2013.[7]

In end of June 2013, Cho joined a delegation led by Lin Join-sane, Chairman of Straits Exchange Foundation (SEF), to visit Shanghai from Taiwan for the cross-strait service trade agreement signing. The Taiwanese delegation includes Kao Koong-lian, SEF Vice Chairman and Secretary-General and Chang Hsien-yao, Deputy Minister of Mainland Affairs Council.[8][9]

The cross-strait service trade agreement was signed on 21 June 2013 which consists of four chapters and twenty four articles. Under the agreement, 64 Taiwanese industries will be opened to Chinese Mainland investments, ranging from transportation, tourism and traditional Chinese medicine sectors. Meanwhile, 80 Chinese Mainland industries will be opened to Taiwanese investments, ranging from finance, retail, electronics, publishing and travel sectors.[10][11]

References[edit]

  1. ^ "Ministry of Economic Affairs,R.O.C. - Shih-Chao Cho". Archived from the original on 2015-11-21. Retrieved 2015-11-20.
  2. ^ "Labor council head to run new labor ministry". Taipei Times. 2014-04-22. Retrieved 2014-04-29.
  3. ^ (GMT+8) (2010-10-14). "Taiwan New Foreign Trade Chief to Take Office on Oct. 18th|Economy|News|WantChinaTimes.com". Wantchinatimes.com. Archived from the original on 2013-10-29. Retrieved 2014-04-29.{{cite web}}: CS1 maint: numeric names: authors list (link)
  4. ^ "Ministry of Economic Affairs,R.O.C. - Shih-Chao Cho". Moea.gov.tw. Archived from the original on 2013-09-21. Retrieved 2013-09-08.
  5. ^ "Cho Shih-chao". Taiwan Insights. 2013-05-09. Retrieved 2013-09-08.
  6. ^ "MOEA says trade promotions could boost economy". Taipei Times. 2013-09-02. Retrieved 2013-09-08.
  7. ^ "Gov't still yet to provide SEF with cross-strait trade meet instructions". The China Post. Retrieved 2013-09-08.
  8. ^ "New pact will modernize services across Strait: SEF". Taipei Times. 2013-09-02. Retrieved 2013-09-08.
  9. ^ "【2013.06.20】林中森會陳德銘 洽簽服貿協議 -udn tv". YouTube. 2013-06-20. Retrieved 2013-09-08.
  10. ^ "Cross-strait service trade pact signed". Taipei Times. 2013-09-02. Retrieved 2013-09-08.
  11. ^ "SERVICES PACT: TSU knocks cross-strait service trade agreement". Taipei Times. 2013-09-02. Retrieved 2013-09-08.