From a geographical viewpoint, Taiwan assumes a positive role to bridge the U.S., Japan and China, if Taiwan can actively engage into Chinese market. The presence of Taiwan Island is also very crucial to the security concern of Japan and the U.S.. Meanwhile, Taiwan is also a successful model for the democratic value. Taiwan might become an ammunition depot if the cross-strait relations are not well managed. For the regional interests and stability, Taiwan hence has strong supports and pressure to seek to normalize ties with China as its supreme goal of national development. In these complicated contexts, Taiwan enjoys both high profits and high risks. Hence, a soft but constructive approach is possible and desirable. A serious issue for President Chen Shui-bian is to softly and carefully steer the boat without striking submerged reefs. As a matter of fact, DPP's current China policy has held as its objective the maintenance of the status quo and the establishment of normal relations between Taiwan and China, in the hope that a special relationship can be developed between the tow in accordance with the principles of democratic equality and mutual benefit. On December 31, 2000, President Chen promulgated an idea of "Integration" for bridging the special relationship between Taiwan and China. This paper is to tackle how Taiwan develops a Co-existence approach toward China without sacrificing her independent sovereignty. It also tries to depict the potential opportunities and risks in the process of moving towards peaceful integration.