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Japan firms can enjoy better turf

By Jiang Wei (China Daily)
Updated: 2007-12-03 09:03

National Development and Reform Commission (NDRC) Minister Ma Kai said the government would promote introduction of Japanese technologies through pilot projects in the country.

Japan is expected to offer energy-saving training to 300 Chinese officials in the next three years, Ma said, and 150 officials had already benefited from it, helping China stipulate relevant laws and regulations.

State Environmental Protection Administration Minister Zhou Shengxian said China would like to learn how to prevent water pollution from Japan. The two countries could even launch a model program to check water pollution in the Yangtze River.

The two sides, Zeng said, should increase investment in each other's countries, and cooperate in the fields of equipment manufacturing, information technology, logistics and hi-tech products.

They should hold more talks on product quality standards and protection of intellectual property rights to improve the trade and investment environment, he said.

"As the two biggest economies in Asia, China and Japan have great responsibility to maintain economic stability across the world and ensure prosperity in East Asia."

Such dialogues can help solve problems like China's market economy status and the limits imposed on some domestic firms' exports to Japan, said Zhang Xiaoji, an expert with the State Council's Development Research Center.

Jin Xide, a researcher with the Institute of Japanese Studies under the Chinese Academy of Social Sciences, thinks the mechanism could play a major role in helping the two countries take bilateral economic ties to a higher level.

Japan is China's third largest trade partner and the second largest source of its foreign direct investment. And China is Japan's largest trade partner and one of Japan's fastest growing export markets.


(For more biz stories, please visit Industry Updates)

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