Third China-Japan high-level economic dialogue held yesterday in Beijing, Chinese Vice Premier Wang Qishan and Japan Minister Katsuya Okada co-chaired the dialogue. Both sides around the economic recovery strategy, bilateral mutually beneficial win-win cooperation, global and regional cooperation, such as the three thematic in-depth exchange of views, and reached important consensus. Dialogue, the relevant parts of the two countries signed a cooperation in the areas concerned.
Weak foreign demand requires mutual
This dialogue, it was held at the world economic situation, on the occasion of subtle changes. Although all major economies has been removed from the bottom of the financial crisis, but in going out recovery still road thorns. US-EU economic weakness, the demand was weak and, in this context, Japan is facing economic development from export-oriented to rely on domestic demand-type transition, foreign trade and European markets from aiming to rely on the Asian region, particularly mutual needs to advance. In this broader context, Japanese officials need to sit together on the current situation in bilateral trade for punctuation, an exchange of views as to the positive development in the future.
Currently, Japan's economic recovery has encountered no small resistance. Yen soar to its export has caused great difficulties, and the stock market decline, deflation, and a series of chain reaction. But Japan domestic market saturation, short time expansion of domestic demand and not reality. Weigh again, Japan Government or the development of economy based on the expansion of Asian exports, especially the China market.
Today, China is also conducting industrial upgrading from the previous labour-intensive enterprise oriented to the technology, capital intensive transition. In the process, on foreign capital, advanced technology also has the necessary requirements.
In addition, in this conversation not long ago, the media called China GDP over Japan became second in the world. But this is just a small episode, because the quality, the GDP per capita GDP and economic structure, and so the actual indicators, the gap between the two countries is still very apparent.
Lifting of export expansion technology
As a manufacturing powerhouse, Japan in energy saving and environmental protection, green energy advantages, wind power, electric cars, hybrid cars, solar cell, technology is a global leader. In this conversation, the Chinese side wants Japan to relax in this area of technology export restrictions. "Japan hopes that the occupation of the industrial chain of high-end, high-tech exports in more conservative", Shanghai Jiao Tong University Japan Research Center director Wang least believes, but due to the expansion of exports to China, Japan has some beginning this policy loose. This year, "Sino-Japanese Tangshan (caofeidian) eco-industrial park, Tianjin, China-Japan cooperation in low-carbon economy demonstration zone" and other cooperation demonstration projects are in a smooth way. Opportunity fleeting, the US and Europe also coveted China great energy saving and environmental protection in the market, if Japan can not grasp the opportunity, would lose in China market opportunities.
In addition, the Chinese also hoped that the two countries will further strengthen the East Asian financial cooperation on 2012 complete South Korea free trade zone official industry-university joint research objectives, jointly promoting East Asia infrastructure interconnection projects. "Japan is a leading Asian cooperation, mutual benefit not only for oneself together, can help to push this regional trade flows facilitation", Japan-Korea Economic Development Association President Wang Tai Ping said.
In the dialogue process, may request the Chinese relaxation of rare earth export restrictions. To this end, the Minister of Commerce Chen Deming, indicated that the restrictions on rare earth industry mainly for reasons of environmental protection requirements, China rare earth production, mining and trade restrictions are implemented, this approach is consistent with WTO rules. As China's important strategic resource of rare-earth permanent is the sale, its rare development strategy is the pursuit of their legitimate rights and interests, the Japanese side should not be excessive reaction.
Is your opponent is partners
Future economic and trade relations between the landmarks? so-called bystander, France Figaro in an article entitled "Tokyo and Beijing: a win-win competition law in October article pointed out, first, mutual benefit partners, followed by competitors.
The reality is. On the one hand, Japan's investment in China increasing year by year, from January to July cumulative investment has reached 24 million. Now this trend even more apparent, the Yen's appreciation leads to difficulties, and to export the consumer market "of field production" you can avoid the risks. In addition, Wang Tai Ping is of the view that Japan's location has changed from the previous simple production base into the consumer market and production bases both, not only conducive to the expansion of Japan exports, also to China to introduce advanced technology, truly complementary to each other.
More good news is, in economic and trade relations between the two countries are gradually into benign track. China will launch 12 five-year plan, the development environment, industrial structure, the eight development objectives; whereas in the field of Japan developed in the next 10 years of economic growth strategies, related to environment and energy, the Asian economy, tourism and so on six strategic areas. The two countries are closely linked to the future strategy, the priority now is to make each other strategic butt, grasp new growth points ", said Wang less conventional, play their respective strengths, to achieve win-win cooperation.
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