China, Japan pledges to enhance economic coop

Added On April 17, 2018

Trade ministers of China and Japan have pledged to further enhance bilateral economic and trade cooperation in Tokyo on Sunday.
Chinese Minister of Commerce Zhong Shan pointed out that China and Japan's economic cooperation has showed momentum of looking up.
Bilateral trade between China and Japan rallied to 300 billion U.S. dollars last year.
Japanese investment in China rebounded with a faster pace, and Chinese investment in new economic models in Japan such as cross-border e-commerce, mobile payment, and sharing economy also increased.
...And the number of tourists to Japan from Chinese mainland reached 7.3 million, up 15 percent year on year.
Zhong also made suggestions on deepening bilateral trade and investment cooperation.
Japanese Minister of Economy, Trade and Industry Hiroshige Seko, for his part, said that Japan acclaimed the new measures for expanding China's opening-up.
The minister said Japan is willing to discuss with China on jointly exploring third-party markets, to deepen cooperation with China, to push forward negotiations on China-Japan-South FTA, and to push for RCEP negotiations to make substantial progress within the year.
He added Japan is also willing to actively safeguard multilateral trade system, and will enhance cooperation with China under the framework of World Trade Organization (WTO).
This year marks the 40th anniversary of the signing of the China-Japan Treaty of Peace and Friendship.