Visiting KMT chairman discusses economic co-op with Beijing official

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BEIJING, May 26 (Xinhua) -- Visiting Kuomintang (KMT) Chairman Wu Poh-hsiung met Beijing Party head Liu Qi Tuesday morning to discuss economic cooperation between Taiwan and the city.

"There will be a wide range of cooperation potential," said Liu Qi, secretary of the Communist Party of China (CPC) Beijing Municipal Committee, as he introduced to Wu the cooperation and exchanges between Taiwan and Beijing.

The two sides can work together in high-tech industries and manufacturing, such as vehicles, machinery, biotechnology, pharmacy and clean energy, he said. "We sincerely welcome more Taiwan business to invest in Beijing."

Wu agreed that the two sides of Taiwan Strait should work together to tackle the global downturn as their economies can complement each other.

He appreciated the Beijing government's placement of great importance on Taiwan businesses and helping them solve problems.

"I hope more Beijing residents will tour Taiwan," he said.

Wu began his eight-day mainland visit on Monday. Besides Beijing, he will also visit southwestern Chongqing Municipality, the city of Hangzhou in the eastern Zhejiang Province and Nanjing in the eastern Jiangsu Province.