China, Ja­pan en­trepreneurs call for bet­ter en­vi­ron­ment

China Daily (USA) - - BUSINESS - By ZHENG XIN and JING SHUIYU Con­tact the writhers through zhengxin@chi­nadaily.com.cn

En­trepreneurs from China and Ja­pan have called for more co­op­er­a­tion in the trade, in­vest­ment and fi­nan­cial sec­tors to build a bet­ter bi­lat­eral re­la­tion­ship.

“Busi­ness lead­ers should elim­i­nate non-eco­nomic in­ter­fer­ence and fur­ther im­prove the busi­ness en­vi­ron­ment be­tween the two coun­tries,” said Zhang Yan­sheng, chief econ­o­mist of the China Cen­ter for In­ter­na­tional Eco­nomic Ex­change.

“Fur­ther bi­lat­eral co­op­er­a­tion in eco­nom­ics and trade in China, Ja­pan or in a third coun­try will not only demon­strate a model but also re­al­ize sub­stan­tial eco­nomic ben­e­fits for the two par­ties.”

He made the speech dur­ing the Sec­ond Sino-Ja­panese Busi­ness and For­mer Gov­ern­ment Lead­ers Di­a­log in Beijing, co­hosted by the Ja­pan Busi­ness Fed­er­a­tion, or Kei­dan­ren, and the China Cen­ter for In­ter­na­tional Eco­nomic Ex­changes.

Around 60 heads of ma­jor com­pa­nies at­tended, in­clud­ing lead­ers from Canon Inc, No­mura Hold­ings Inc, Dongfeng Mo­tor Corp and Bank of China Ltd, with the hope of gain­ing a bet­ter un­der­stand­ing of changes in the busi­ness cli­mate in each coun­try.

The two-day meet­ing that con­cluded on Wed­nes­day reached the con­clu­sion that strong co­op­er­a­tion be­tween the world’s sec­ond and third­largest economies is vi­tal not only for their pros­per­ity but also for that of the rest of the world.

Sa­dayuki Sakak­ibara, chair­man of Kei­dan­ren, said the time is ripe for the two coun­tries to have a “newdi­men­sion of in­dus­trial co­op­er­a­tion” and they have to in­crease ex­changes progress.

Ac­cord­ing to Mu­neo Ku­rauchi, coun­selor of Bank of Tokyo-Mit­subishi UFJ Ltd, a sub­sidiary of Mit­subishi UFJ Fi­nan­cial Group Inc, China and Ja­pan should deepen co­op­er­a­tion in the fields of the en­vi­ron­ment, med­i­cal care, lo­gis­tics and e-com­merce.

China and Ja­pan need to con­trol the neg­a­tive fac­tors while fo­cus­ing on the pos­i­tive as­pects re­gard­ing rec­i­proc­ity and mu­tual ben­e­fit, said Ku­rauchi, who is also man­ag­ing direc­tor of the In­sti­tute for In­ter­na­tional Mon­e­tary Af­fairs.

He also called for deep­en­ing co­op­er­a­tion in third-party mar­kets in the ar­eas in­clud­ing in­fra­struc­ture in Asia and the Belt and Road projects. to achieve that

PRO­VIDED TO CHINA DAILY

A stand of a Chi­nese ex­hibitor at the Han­nover Messe 2016 in Ger­many.

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