Cross-Straits economic and industrial exchanges and cooperation are fundamental to cross-Straits relations, said Yin Cunyi, professor at Tsinghua University's School of Public Policy and Management, during an academic event involving scholars from both sides of the Taiwan Straits in Beijing on Friday.

"Taiwan's businesses are deeply involved in the mainland's reform and opening up. The mainland's huge market and various resources such as land, technology and talents, with a series of policy measures, have helped a number of Taiwan enterprises to grow into world-class level large enterprises," he said.

Yin said that cross-Straits economic and industrial exchanges and cooperation continue to deepen, bringing tangible benefits to compatriots on both sides of the Taiwan Straits, especially Taiwan compatriots, resulting in a strong impetus to further cross-Straits exchanges and integrated development.

Ting Jen-fang, professor at the Department of Political Science at Taiwan Cheng Kung University, said that Taiwan's trade surplus with the mainland reached more than $150 billion last year, "which is a huge number."

He said it has been proven that the cross-Straits economies complement each other and cooperate to create a win-win situation. Many Taiwan businessmen and compatriots in the mainland have enjoyed the dividends of peaceful development and hope to continue to have an environment of peaceful development.

In recent years, the Democratic Progressive Party authorities have attempted cross-Straits economic decoupling and the breakage of supply and industrial chains. Experts, however, believe that the cross-Straits industrial and supply chains are intertwined.

They said that Taiwan is a typical externally-oriented economy, and to improve and develop its economy, it must rely on the mainland's market. Decoupling and breakage of supply and industrial chains are completely contrary to the laws of the economy, and also impossible to achieve.

Yin pointed out that the cross-Straits economic and industrial cooperation is in line with the inevitable laws of the economy and can't be stopped by any man-made force. The close cross-Straits economic and trade relations have a very positive impact on the peaceful development of the two sides of the Taiwan Straits, Ting added.

(Cover: View of Taipei, China's Taiwan region. /CFP)