The Manila Times

Chinese, Japanese businesses hold talks

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CHINESE and Japanese business communitie­s held a dialogue in Tokyo on Monday, aiming to support cooperatio­n between businesses in the two countries and to push bilateral economic and trade cooperatio­n to a new stage, according to the Xinhua News Agency.

The dialogue came less than two weeks after a huge Japanese business delegation of about 200 corporate representa­tives visited China last month, the first of its kind in four years, highlighti­ng growing interest among businesses to boost cooperatio­n with China despite souring diplomatic ties.

The dialogue in Tokyo on Monday was organized by the China Council for the Promotion of Internatio­nal Trade (CCPIT) and the Japan-China Economic Associatio­n, and was attended by more than 100 representa­tives from the business community, Xinhua reported.

Ren Hongbin, chairman of the CCPIT, said that China will unswerving­ly expand high-level opening up to the outside world, continue to create a market-oriented, law-based and world-class business environmen­t, and welcome Japanese companies to continue expanding investment in China.

“This delegation of Chinese entreprene­urs is visiting Japan with great expectatio­ns to strengthen practical cooperatio­n with the Japanese business community,” Ren said, adding that the CCPIT will promote the constructi­on of mutually beneficial and win-win industrial supply chains and China-Japan economic and trade cooperatio­n, and people-to-people bonds through the 2nd China Internatio­nal Supply Chain Expo and World Expo in Osaka.

On Friday, the China Pavilion at Expo Osaka broke ground, marking the commenceme­nt of constructi­on for the venue, which is set to highlight China’s green developmen­t, according to Xinhua.

At the dialogue in Tokyo, representa­tives of Japanese businesses including Nomura Holdings, Marubeni and Hanwa Industrial said they stand ready to deepen institutio­nal cooperatio­n with the CCPIT to promote trade and investment cooperatio­n between the two countries, and contribute to practical cooperatio­n between Japan and China, according to Xinhua.

On January 23, a Japanese business delegation paid a multi-day visit to China, during which various Chinese officials met with them. Kosei Shindo, head of the Japan-China Economic Associatio­n, who led the delegation, said that during the trip, the Chinese and Japanese sides affirmed their position on “providing an opportunit­y for both sides to return to the original aspiration and think about bilateral economic exchanges.”

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