Taipei, Aug. 22 (CNA) Republic of China President Chen Shui-bian said Wednesday that the government will attach much importance to the Southeast Asian market while it seeks a more aggressive and efficient manner of regulating local investment in mainland China.
Chen also said that Taiwan and the countries of Southeast Asia should strengthen their consultations and offer incentives to stimulate two-way trade and investment.
He made the remarks while receiving a delegation of the Chinese Chamber of Commerce and Industry in the Philippines at the Presidential Office.
Chen also expressed his gratitude to his guests for their long-term support for the ROC and praised their contributions to bilateral relations.
Since its founding in 1998, the chamber has greatly contributed to bilateral commercial ties and cooperation and has protected Taiwan investors' rights and interests in the Philippines.
Chen predicted that Taiwan investment in the Philippine will gradually recover, as the political situation in the Philippines is "stable."