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China's Development is a Huge Opportunity for Japan and the World.

Update Date:2018-10-24 16:50:33 Source:Tannet (Malaysia) Sdn Bhd Views:662

    Japanese Prime Minister Shinzo Abe will pay an official visit to China from October 25th to 27th. On the eve of his visit to China, Abe accepted a written interview with the Chinese media. In the 40 years of reform and opening up, China has achieved tremendous developments that have attracted worldwide attention. China's development is a huge opportunity for Japan and the world. The two countries should strengthen the WTO (WTO) and other multilateral free trade systems cooperate.


    This year marks the 40th anniversary of the conclusion of the China-Japan Treaty of Peace and Friendship and the 40th anniversary of China's reform and opening up. Abe said that although the Japan-China Peace and Friendship Treaty have only a short five sentences, it is the origin of Japan-China relations, and it must be kept in mind today. He said that Japan has come to China with China through government development assistance and private investment. China has made tremendous developments that have attracted worldwide attention and become the world's second largest economy. We are delighted as neighbors. At present, the bilateral trade volume between Japan and China is about USD 300 billion, and Japan’s total investment in China has risen to USD 3.3 billion. The two economies have reached an inseparable relationship. Japanese companies have set up more than 30,000 locations in China, creating a large number of employment opportunities for China. At the same time, through the activities of these Japanese companies, Japan has also benefited from the vibrant Chinese economy.



    This year marks the fifth anniversary of President Xi Jinping’s initiative of the “Belt and Road Initiative”. In May this year, when Premier Li Keqiang visited Japan, the two sides reached a consensus on third-party market cooperation. Abe said that it is important to increasingly meet the strong infrastructure needs in Asia. So far, Japan and China have been fiercely competitive in infrastructure construction bidding. But in terms of results, due to the often unnecessary cost competition, people question whether this is in line with the original purpose of "improving cohesiveness through high-quality infrastructure." The gesture to be adopted in the future is to cooperate in areas where cooperation should be achieved. He said that during the visit to China, the forum for exchanges between Japanese and Chinese private enterprises will be held for the first time. About 1,000 Japanese and Chinese companies will gather together.


    Abe said that the links between the peoples of the world today have become more and more close. The problems cannot be solved by the power of one country. I believe that the era of Japan and China sharing the peace and prosperity of the world has come. Japan and China have a major responsibility that is indispensable for peace and prosperity in Asia and the world. As the biggest beneficiaries of the free trade system, Japan and China should also maintain cooperation in strengthening the multilateral free trade system such as the WTO.

 

Resources from: world.huanqiu.com

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