CNAIC - A Bridge to the World
History
The Chinese National Association of Industry and Commerce, Taiwan (CNAIC) was initiated by Mr. Yung Chang Su and business leaders in April 1952 as the first nationwide business organization with members from both industrial and commercial sectors in Taiwan. At its celebration of the 70th Anniversary, CNAIC has approximately 1,100 members affiliated with large corporations as well as the small and medium enterprises.
During the seven decades since its establishment, CNAIC has been led by six former chairmen: Mr. Yung Chang Su, Dr. C. F. Koo, Dr. Jeffrey L. S. Koo, Mr. Theodore M. H. Huang, Mr. Kenneth C. M. Lo and Mr. Por-Fong Lin. Under their distinguished leadership, the organization has grown and prospered. On June 21st 2022, Mr. Thomas T. L. Wu, Chairman of the Taishin Financial Holding Co., Ltd., assumed the chairmanship position with a promise to devote himself to serving the business community in Taiwan.
Major Functions
1. Offer economic and financial policy proposals on behalf of the business sector
CNAIC has set up 18 committees that invite key members, external experts and thinktanks to review important economic and financial issues for positions of the business sectors. The committees are of the following topics: industrial and commercial policies, finance and taxation, monetary issues, labor relations, international affairs, Mainland China affairs, communications and transportation, tourism industry, industrial innovation, cultural and creative industries, member services, legislative relations and young entrepreneurs affairs, as well as 4 regional development committees.
CNAIC also periodically organizes “Industrial & Commercial Breakfast” and“Industrial & Commercial Luncheon” meetings. Attended by high ranking officials and top business leaders, these meetings provide a forum for discussing important policy issues.
2. Promote international industrial cooperation as well as economic and trade exchanges across the Taiwan Strait
CNAIC is in close contact with main foreign business organizations such as BUSINESSEUROPE, Japan Business Federation (KEIDANREN), and the regional Japanese business federations of Kansai, Kyushu, Central Japan, Hokkaido, Shikoku and Miyagi Prefecture. These contacts promote industrial cooperation and help promote trade relations.
CNAIC invites international experts to Taiwan to deliver speeches at the international business forum for our members to introduce latest international trends. Also, CNAIC regularly takes part in international conferences and events related to International Chambers of Commerce (ICC), Asian Business Summit (ABS) and Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) to help Taiwanese businesses expand internationally.
CNAIC organizes trade delegations which participate in business seminars in China, Hong Kong and Macau. CNAIC also invites important Chinese business delegations to Taiwan, with a purpose of promoting mutual understanding and business cooperations.
3. Provide latest information on global economic trends
CNAIC regularly holds the C. F. Koo Memorial Forum and the Industrial and Commercial Forum. Attended by experts and national business leaders, these gatherings enable local businesses to acquire new knowledge and help improving the management skills of the executives of our members.
CNAIC conducts Learning Tours in which our members visit important projects and take part in various activities in Taiwan, thus helping them gain a better understanding of the nation’s economic development.
CNAIC publishes the Global Industry and Commerce bi-monthly. Experts from the government, academia, and the business world are invited to write articles for the magazine, thus helping our members keep abreast of the latest business and commercial news.
CNAIC commissions research institutions to study various specialized topics, so as to provide reference guides for government and business leaders.