Since the "Opening-up" policy conducted in 1979, China always viewed stable economic development as its primary strategic mission. After being approved of entry into the World Trade Organization (WTO), China’s “internationalize domestic market and nationalize international market” policy created good environment for its domestic enterprises. However, its resources consumption also increased dramatically with the rapid economic growth, and which has directly threatened its economic security. Accordingly, China carried out the “going out” policy. The policy emphasized on advancement of industries’ technology, adjustment of industries’ product structure and promotion of competition in the international market by way of foreign investment and cooperation, resource exploration, acquisition of advanced technology, expansion foreign trade and financial investment while accelerating reconstruction, reorganize, unite and merger. On one hand, with these resources and markets (internal and external), Chinese industries’ independent economic power was strengthened; and on the other hand, the government made policies, directed key industries and set up the Sovereignty Wealth Fund to develop externally. Therefore, China has five strategies in foreign investment which included strategies of resource exploration, technology acquisition, product globalization, promotion brand ability, diversified participation and expansion of marketing.
China’s active foreign investment posture would inevitably made huge impact on manufacturing, electronics and financial industries in Taiwan. If China applied enormous Sovereignty Wealth Fund to invest Taiwanese high-end industries with “special intention,” Taiwan’s national security would be threatened even worse. Taiwanese government should encourage overseas Taiwanese businessmen to come back and invest in the island, prevent Taiwanese high-tech advantages and core skills from leaking out through good management of intelligence property right, technology transformation and resource exploration, and promote competition in the world.
Furthermore, our government should advance financial development and further ensure the financial security by advancing supervision system in accordance with international standards and efficiency of the enforcement, so as to fight against China’s investment through channels of the Sovereignty Wealth Fund and the so-called “Paper Companies.”