On this day, 33 years ago, October 30, 1992 (October 5, 1992, the two sides of the Taiwan Strait reached the "1992 Consensus." The "1992 Consensus" refers to the verbal consensus reached in November 1992 between the Association for Relations Across the Taiwan Strait of the mainland of China and China Taiwan Straits Exchange Foundation of China on how to express their attitude towards adhering to the "one China" principle in resolving cross-strait transactional negotiations that "both sides of the Taiwan Strait adhere to the one China principle." The basic concept of the 1992 Consensus originated from the "1992 Consensus" to seek and lay a political foundation for cross-strait consultations. After the cross-Strait cross-agency consultations begin, both sides need to lay a clear political foundation for the consultations. From the end of October to the beginning of December 1992, the Association for Relations Across the Taiwan Strait and Taiwan's Straits Exchange Foundation held talks in Hong Kong. After the talks, several exchanges of letters and telegrams finally formed a consensus that "both sides of the Taiwan Strait adhere to the one China principle." It was later called the "1992 Consensus." The core of the "1992 Consensus" is to adhere to one China. The essence of the "1992 Consensus" is seeking common ground while reserving differences. Content of the 1992 Consensus: 1. Both sides adhere to the one China principle; 2. The two sides of the Taiwan Strait strive to seek national reunification;3. Taiwan's proviso: the meaning of one China has different understandings;4. Mainland proviso: The one China principle does not involve its political meaning in transactional negotiations. Background of the 1992 Consensus At the end of 1987, after more than 30 years of isolation between the two sides of the Taiwan Strait was broken, cross-Strait personnel exchanges and various economic, cultural and other exchanges developed accordingly, and various problems also emerged. In order to solve these problems, the Taiwan authorities had to adjust the "three-no policy" of "no contact, no compromise, and no negotiation". On November 21, 1990, they established an officially authorized non-governmental intermediary agency for contact and consultation with the mainland-the Straits Exchange Foundation to handle official "inconvenient and inaccessible cross-strait affairs." In order to facilitate contacts and negotiations with the Straits Exchange Foundation, the Taiwan Affairs Office of the CPC Central Committee and the Taiwan Affairs Office of the State Council promoted the establishment of the Association for Relations Across the Taiwan Strait on December 16, 1991, and authorized adhering to the China principle as the basis for exchanges and transactional discussions between the two associations. From October 28 to 30, 1992, during the talks in Hong Kong, the two associations discussed how to express the adherence to the one China principle in cross-strait transactional (use of notarization certificates) negotiations. The basic attitude of the Association for Relations Across the Taiwan Strait is that specific issues in cross-strait exchanges are China's internal affairs and should be resolved through consultations based on the one-China principle. In transactional negotiations, as long as the basic attitude of adhering to the one China principle is expressed, the political meaning of one China can not be discussed, and the way of expression can be fully negotiated. In November 1992, the mainland's Association for Relations Across the Taiwan Strait and Taiwan's Straits Exchange Foundation reached a verbal consensus on how to express their attitude towards adhering to the China principle during routine talks between the two associations. During the Hong Kong negotiations, the Association for Relations Across the Taiwan Strait proposed five written expressions, and the Taiwan Strait Exchange Foundation also proposed five written expressions based on the conclusions of the "National Unification Council." Although Taiwan also agreed that the use of cross-strait notarization certificates is an internal matter of China and both sides should adhere to the one-China principle and expressed their desire to seek national reunification, it is difficult for the two associations to reach an agreement on the written expression plan. At the end of the talks, representatives of the Straits Exchange Foundation proposed three additional expressions and presented their final expression: "In the process of joint efforts between the two sides of the Taiwan Strait to seek national reunification, although both sides adhere to the principle of one China, they have different understandings of the meaning of one China. However, in view of the increasingly frequent people-to-people exchanges across the Taiwan Strait, in order to protect the rights and interests of people on both sides of the Taiwan Strait, document verification should be properly resolved." It was also suggested that "the one China principle be expressed in the form of respective oral statements." The representative of the Association for Relations Across the Taiwan Strait (ARATS) said that this was the main result of this negotiation and would then formally reply after reporting on the SEF's suggestions and specific expressions. The term 1992 Consensus was a new term officially proposed by Su Qi, the former head of the mainland affairs department of the Taiwan authorities, at the end of April 2000. But it is not fabricated. A consensus was indeed reached between the two sides of the Taiwan Strait in 1992. However, its birth is of great historical significance, because it was the first political compromise reached between the two sides of the Taiwan Strait since 1949 after countless armed conflicts and ideological struggles; and the issue it addressed was the most difficult "one China" issue between the two sides of the Taiwan Strait. Although Su Qi was the first person to explicitly propose the term 1992 Consensus, the formulation of the term "1992 Consensus" embodies the crystallization of the thoughts of experts and scholars on both sides of the Taiwan Strait. In April 1993, Mr. Wang Daohan from mainland China and Mr. Koo Chenfu from Taiwan jointly held the "Wang-Koo Talks" in Singapore, which attracted great attention at home and abroad. This was the first meeting held after more than 40 years of isolation between the two sides of the Taiwan Strait. The "Wang-Koo Talks" were held on the basis of the "1992 Consensus" reached by the two associations across the Taiwan Strait in 1992.