Tuesday, December 14, 2010

Japan will in Japan-China economic and high-level dialogue in China rare earth export restrictions relaxed

According to the common social reports that Japan, the third day of the ministerial high-level economic dialogue will be held August 28 was held in Beijing, both sides will on macroeconomic policies, trade and environmental issues of extensive consultations. Japan will be in strong demand in the conversation on China to relax the restrictions of rare earth export.

Rare is the hybrid vehicle motor of important raw materials, high-tech products indispensable parts of production. Global distribution of rare earth resources is very uneven, China's reserves. China intends to adopt uniform pricing mechanism, by limiting the amount of mining licenses and other means to strengthen the management of rare earth resources. Japan Government intends to ask the Chinese to relax the restrictions on the export of rare earth.

In addition, the Chinese Government may start from a mandatory certification system, and for the foreign enterprise open source information technology products. Japan Enterprise worried that this will result in the loss of technology, Japan Government will be asked to continue this work. Japan also urged China to strengthen its efforts to address piracy and infringement of intellectual property rights.

In China, the Japanese company frequent requests to pay workers strike led to the discontinuation of the event, it is expected that Japan will be raised during the dialogue to improve the investment environment.

Japan Foreign Secretary Okada Katsuya, finance phase Noda Yoshihiko, economic industrial phase direct Masayuki, seven Cabinet Ministers will attend this dialogue. It is expected that the Chinese officials attending the dialogue will include Vice Premier Wang Qishan and Foreign Minister Yang Jiechi.

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