She said the economy of the two sides is mutually supplementary as "the mainland has advantages in human resources, capital market and international competition, and Taiwan is very strong in research and development, designing, marketing, management and science and technology, as well as in areas of accounting, law, company management, environmental protection and medicines."

"Worries about the ECFA are unnecessary," Liu said.

Zhu Yun, president of the Beijing-headquartered China International Capital Corporation Limited, said Taiwan's high-tech enterprises can further explore the mainland market and expand cooperation area, which will help upgrade the mainland's industrial structure.

Wei Jiafu, president and CEO of the mainland's China Ocean Shipping (Group) Company, said trade, investment, shipping and logistics, among other areas, will first gain advantage after the ECFA signing.

He predicted that hundreds of thousands of Taiwan businessmen will change their mainland investment strategies after the signing of the pact, as most of them will seek long-term development in the mainland instead of the previously short-term one.
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