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Cross-Strait Economic, Trade and Culture Forum, commonly known as the Kuomintang–Chinese Communist Party Forum, was originally proposed by the Kuomintang and the Chinese Communist Party, jointly organized in order to promote cross-strait economic, trade, cultural exchanges dialogue and integration.[1]
Background
The increased contacts culminated in the 2005 Pan-Blue visits to mainland China, including a meeting between CCP General Secretary Hu Jintao and KMT Chairman Lien Chan in April 2005. They were hailed as the highest level of exchange between the Chinese Communist Party and the Kuomintang since Chiang Kai-shek and Mao Zedong met in Chongqing on 28 August 1945.
Both Kuomintang-Chinese Communist Party hold on the premise of acknowledging the 1992 Consensus, encourage the reopening of talks across the strait. Encourage cooperation in economic exchange and crime fighting, push for two-way direct flights across the strait, Three Links, and agricultural exchange.[2]
The mainland announced new incentives to promote cross-strait trade. Participants also passed joint proposals for closer economic ties.[citation needed]
Expanding cross-Straits cooperation in the finance and service sectors, encouraging two-way investment and regularizing economic exchanges, which cover the key points of deepening cross-strait economic exchange and cooperation.[7][8]