Cybernetics
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Japanese look forward to closer China-Japan ties
- Thread starter Cybernetics
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khansaheeb
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I get the feeling that US question of " you are either with us or against us" is being answered. Ones who can't be bullied are switching sides.
TaiShang
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Premier Li: China to grant Japan 200 billion yuan RQFII quota
CGTN
2018-05-09
The RQFII program is currently open to countries and regions including Britain, Singapore, France, the Republic of Korea, Germany, Qatar, Canada, Australia, Luxembourg and China's Hong Kong Special Administrative Region.
Bilateral currency swap agreement
Meanwhile, China will sign a bilateral currency swap agreement with Japan.
VCG Photo
“The two sides have agreed in principle to sign a currency swap deal at an early date, and this will help safeguard financial market stability and promote investment facilitation,” Li said.
During the meeting, Li also pointed out that China holds a positive attitude towards setting up a yuan clearing bank in Tokyo.
A number of memorandums
To promote trade services, China and Japan have agreed to set up a bilateral trade services cooperation mechanism. And the two sides will work to deepen collaboration in third party marketplaces.
Premier Li also pointed to energy efficiency, environmental protection, scientific and technological innovation, high-end manufacturing, finance, sharing economy, and gerontics services as key areas where China and Japan should enhance cooperation.
How improved China-Japan relations will impact businesses?
Japanese businessmen in Guangzhou look forward to further tech cooperation between China and Japan
China is Japan's largest trading partner while Japan remains the second-largest trading partner and source of foreign capital for China. According to the MOC, bilateral trade between the two nations has jumped by 10 percent from 2016 to 2017 - reaching 300 billion US dollars last year.
For the first quarter of 2018, the trade volume stood at about 75 billion US dollars. That was an increase of more than 10 percent year-on-year.
China also remains Japan's largest source of tourists. The number of tourists to Japan from the Chinese mainland reached 7.3 million in 2017, up 15 percent year-on-year.
***
I guess NEA is going through a major transformation never seen in recent history. I wonder to which side we owe most of the credits? I sense Beijing's grand design all over.
@Cybernetics , @Kiss_of_the_Dragon , @rott , @Chinese-Dragon
CGTN
2018-05-09
The RQFII program is currently open to countries and regions including Britain, Singapore, France, the Republic of Korea, Germany, Qatar, Canada, Australia, Luxembourg and China's Hong Kong Special Administrative Region.
Bilateral currency swap agreement
Meanwhile, China will sign a bilateral currency swap agreement with Japan.
VCG Photo
“The two sides have agreed in principle to sign a currency swap deal at an early date, and this will help safeguard financial market stability and promote investment facilitation,” Li said.
During the meeting, Li also pointed out that China holds a positive attitude towards setting up a yuan clearing bank in Tokyo.
A number of memorandums
To promote trade services, China and Japan have agreed to set up a bilateral trade services cooperation mechanism. And the two sides will work to deepen collaboration in third party marketplaces.
Premier Li also pointed to energy efficiency, environmental protection, scientific and technological innovation, high-end manufacturing, finance, sharing economy, and gerontics services as key areas where China and Japan should enhance cooperation.
How improved China-Japan relations will impact businesses?
Japanese businessmen in Guangzhou look forward to further tech cooperation between China and Japan
China is Japan's largest trading partner while Japan remains the second-largest trading partner and source of foreign capital for China. According to the MOC, bilateral trade between the two nations has jumped by 10 percent from 2016 to 2017 - reaching 300 billion US dollars last year.
For the first quarter of 2018, the trade volume stood at about 75 billion US dollars. That was an increase of more than 10 percent year-on-year.
China also remains Japan's largest source of tourists. The number of tourists to Japan from the Chinese mainland reached 7.3 million in 2017, up 15 percent year-on-year.
***
I guess NEA is going through a major transformation never seen in recent history. I wonder to which side we owe most of the credits? I sense Beijing's grand design all over.
@Cybernetics , @Kiss_of_the_Dragon , @rott , @Chinese-Dragon
Kiss_of_the_Dragon
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The more Sino-Japanese relation improve, the less US will be able to use Japan against China since Japan feel less insecure from China and the more Japan can say "NO" to US since it wont receive pressure from both China and US.
As for China, less Japan hostility mean more we can concentrate on dealing with US.
TaiShang
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Chinese premier calls for bringing China-Japan ties back to the right track
CGTN
2105km to Beijing
2018-05-09
Chinese Premier Li Keqiang called on China and Japan to stick to the principles of the four bilateral political documents and consensuses, and bring bilateral ties back to the right track on Wednesday.
Li made the remarks during his meeting with Japanese Prime Minister Shinzo Abe in Tokyo.
China-Japan ties are at a crucial stage for improvement, as this year marks the 40th anniversary of the signing of the bilateral treaty of peace and friendship.
Abe agreed, saying he wanted to establish the sort of relationship that allowed the leaders to easily visit each other. The prime minister mentioned earlier in the day that he plans to visit China this year.
The two leaders witnessed the signing of several cooperation documents, including a memorandum for an air and maritime contact mechanism, which has been discussed for decades with a goal to defuse maritime incidents that could ignite tension.
Read more: China, Japan to speed up preparations for air and maritime contact mechanism
Chinese Premier Li Keqiang delivers a speech as Japan's Prime Minister Shinzo Abe listens, during a banquet hosted by Abe in Tokyo, Japan, May 9, 2018. /Reuters Photo
Li also showed his support on the meeting between Japan and the Democratic People's Republic of Korea (DPRK), which is expected to take place soon. He hopes the anticipated meeting can solve the Japanese side's concerns and problems.
Li looks to push for high-level exchanges between the two sides
"This is the first time in eight years that a Chinese premier has made an official visit to Japan," Li said. "Eight years is a long time."
He acknowledged that the relationship between China and Japan had made some detours over the years. Li hopes his visit this time can promote high-level exchanges between the two sides while helping to maintain "long-term, healthy and stable" bilateral ties.
Chinese Premier Li Keqiang and Japan's Prime Minister Shinzo Abe attend a joint news conference in Tokyo, Japan, May 9, 2018. /Reuters Photo
200 billion yuan worth of RQFII quota granted
China has agreed to grant Japan RMB Qualified Foreign Institutional Investors (RQFII) quota of 200 billion yuan (about 31.36 billion US dollars), according to Li. This offering would help Japanese financial institutions to actively invest in China's capital market.
The two sides have agreed in principle to sign a currency swap deal at an early date, and this will help safeguard financial market stability and promote investment facilitation, Li said.
The premier added that China holds a positive attitude toward establishing RMB clearing bank in Tokyo.
Chinese Premier Li Keqiang shakes hands with Japan's Prime Minister Shinzo Abe at their joint news conference in Tokyo, Japan, May 9, 2018. /Reuters Photo
In addition, Li also pointed to energy efficiency, environmental protection, scientific and technological innovation, high-end manufacturing, finance, sharing economy, and gerontics services as key areas where China and Japan should enhance cooperation.
Read more: Premier Li: China to grant Japan 200 billion yuan RQFII quota
People-to-people communication should be strengthened
China granted Japan two crested ibis, an animal that is close to extinction and known for its low fertilization rate, during Li's visit.
A photo taken on March 27, 2018 shows a crested ibis flying over a river in Yang county, northwest China's Shaanxi Province. /VCG Photo
Li said he hopes to see the birds, which are beloved by people from the two sides, can bring more friendship while boosting regional communication between the two sides.
Li also expressed his hope of seeing more efforts in people-to-people exchanges in various fronts including culture, education, sports, dialogues between young people, and tourism.
Premier Li arrived in Tokyo on Tuesday evening for an official visit and the seventh China-Japan-ROK leaders' meeting at the invitation of Abe.
The trip will last until May 11.
CGTN
2105km to Beijing
2018-05-09
Chinese Premier Li Keqiang called on China and Japan to stick to the principles of the four bilateral political documents and consensuses, and bring bilateral ties back to the right track on Wednesday.
Li made the remarks during his meeting with Japanese Prime Minister Shinzo Abe in Tokyo.
China-Japan ties are at a crucial stage for improvement, as this year marks the 40th anniversary of the signing of the bilateral treaty of peace and friendship.
Abe agreed, saying he wanted to establish the sort of relationship that allowed the leaders to easily visit each other. The prime minister mentioned earlier in the day that he plans to visit China this year.
The two leaders witnessed the signing of several cooperation documents, including a memorandum for an air and maritime contact mechanism, which has been discussed for decades with a goal to defuse maritime incidents that could ignite tension.
Read more: China, Japan to speed up preparations for air and maritime contact mechanism
Chinese Premier Li Keqiang delivers a speech as Japan's Prime Minister Shinzo Abe listens, during a banquet hosted by Abe in Tokyo, Japan, May 9, 2018. /Reuters Photo
Li also showed his support on the meeting between Japan and the Democratic People's Republic of Korea (DPRK), which is expected to take place soon. He hopes the anticipated meeting can solve the Japanese side's concerns and problems.
Li looks to push for high-level exchanges between the two sides
"This is the first time in eight years that a Chinese premier has made an official visit to Japan," Li said. "Eight years is a long time."
He acknowledged that the relationship between China and Japan had made some detours over the years. Li hopes his visit this time can promote high-level exchanges between the two sides while helping to maintain "long-term, healthy and stable" bilateral ties.
Chinese Premier Li Keqiang and Japan's Prime Minister Shinzo Abe attend a joint news conference in Tokyo, Japan, May 9, 2018. /Reuters Photo
200 billion yuan worth of RQFII quota granted
China has agreed to grant Japan RMB Qualified Foreign Institutional Investors (RQFII) quota of 200 billion yuan (about 31.36 billion US dollars), according to Li. This offering would help Japanese financial institutions to actively invest in China's capital market.
The two sides have agreed in principle to sign a currency swap deal at an early date, and this will help safeguard financial market stability and promote investment facilitation, Li said.
The premier added that China holds a positive attitude toward establishing RMB clearing bank in Tokyo.
Chinese Premier Li Keqiang shakes hands with Japan's Prime Minister Shinzo Abe at their joint news conference in Tokyo, Japan, May 9, 2018. /Reuters Photo
In addition, Li also pointed to energy efficiency, environmental protection, scientific and technological innovation, high-end manufacturing, finance, sharing economy, and gerontics services as key areas where China and Japan should enhance cooperation.
Read more: Premier Li: China to grant Japan 200 billion yuan RQFII quota
People-to-people communication should be strengthened
China granted Japan two crested ibis, an animal that is close to extinction and known for its low fertilization rate, during Li's visit.
A photo taken on March 27, 2018 shows a crested ibis flying over a river in Yang county, northwest China's Shaanxi Province. /VCG Photo
Li said he hopes to see the birds, which are beloved by people from the two sides, can bring more friendship while boosting regional communication between the two sides.
Li also expressed his hope of seeing more efforts in people-to-people exchanges in various fronts including culture, education, sports, dialogues between young people, and tourism.
Premier Li arrived in Tokyo on Tuesday evening for an official visit and the seventh China-Japan-ROK leaders' meeting at the invitation of Abe.
The trip will last until May 11.
8888888888888
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Well Trump did treat Japan with spite.
beijingwalker
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Japan has been serving as an US slave for so long, time to stand up for themselves.
TaiShang
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Who knows, the US' loss may be Japan's gain.
***
Japanese businessmen in Guangzhou look forward to further tech cooperation between China and Japan
CGTN's He Weiwei, Yang Lizhong
2018-05-09
Statistics show that the economic and trade ties between China and Japan are gradually recovering. China is now Japan's largest trading partner, and Japan is the second largest trade partner of China. In 2017, bilateral trade totaled 303 billion US dollars, exceeding the 300 billion US dollars line for the first time in three years.
Chinese Premier Li Keqiang previously described the current bilateral relations between China and Japan as "spring time", expressing his hope to enhance such ties.
Hideaki Takahashi, deputy chairman of the Guangzhou Japanese Chamber of Commerce & Industry told CGTN that China and Japan are neighboring countries that are permanent partners, and can’t be moved away. He's looking forward to more cooperation between the two nations especially in the technology industry.
"Nowadays, China’s innovation industry is thriving. There is a Chinese city called Shenzhen in Guangdong Province, where innovation projects are coming up every day," Takahashi said, "Looking back into history, Japan formerly followed a similar path, starting from innovation to manufacturing. I believe that by combining the advantages of China and Japan, we can create brand new industries. Innovation requires market, manufacturing and raw materials. I believe that Japan and China must collaborate closely in this sector".
The Guangzhou Japanese Chamber of Commerce & Industry was established in 1984 and has over 750 company and individual members. /CGTN Photo
Japan is a pioneer in technological innovation, and China's "Made in China 2025" plan provides a good environment for collaboration opportunities for both sides.
The Guangzhou Japanese Chamber of Commerce & Industry was established in 1984. It currently has over 750 company and individual members, covering a variety of industries ranging from manufacturing to service industries, producing finished products and components.
According to the 2017 statistics of the Japanese External Trade Organization, which is affiliated to the Japanese government, 48.3% of Japanese enterprises in China have plans to expand their investment in the coming two years.
"I started working in 1987, and have witnessed many ups and downs in Sino-Japan relations," Takahashi told CGTN, "I believe that such relations have entered a new stage. And I sincerely hope that we can find a win-win model for our mutual relations and join our hands together to promote cooperation in Asia or around the globe, and I personally will also try my best to do my part in this matter."
***
Japanese businessmen in Guangzhou look forward to further tech cooperation between China and Japan
CGTN's He Weiwei, Yang Lizhong
2018-05-09
Statistics show that the economic and trade ties between China and Japan are gradually recovering. China is now Japan's largest trading partner, and Japan is the second largest trade partner of China. In 2017, bilateral trade totaled 303 billion US dollars, exceeding the 300 billion US dollars line for the first time in three years.
Chinese Premier Li Keqiang previously described the current bilateral relations between China and Japan as "spring time", expressing his hope to enhance such ties.
Hideaki Takahashi, deputy chairman of the Guangzhou Japanese Chamber of Commerce & Industry told CGTN that China and Japan are neighboring countries that are permanent partners, and can’t be moved away. He's looking forward to more cooperation between the two nations especially in the technology industry.
"Nowadays, China’s innovation industry is thriving. There is a Chinese city called Shenzhen in Guangdong Province, where innovation projects are coming up every day," Takahashi said, "Looking back into history, Japan formerly followed a similar path, starting from innovation to manufacturing. I believe that by combining the advantages of China and Japan, we can create brand new industries. Innovation requires market, manufacturing and raw materials. I believe that Japan and China must collaborate closely in this sector".
The Guangzhou Japanese Chamber of Commerce & Industry was established in 1984 and has over 750 company and individual members. /CGTN Photo
Japan is a pioneer in technological innovation, and China's "Made in China 2025" plan provides a good environment for collaboration opportunities for both sides.
The Guangzhou Japanese Chamber of Commerce & Industry was established in 1984. It currently has over 750 company and individual members, covering a variety of industries ranging from manufacturing to service industries, producing finished products and components.
According to the 2017 statistics of the Japanese External Trade Organization, which is affiliated to the Japanese government, 48.3% of Japanese enterprises in China have plans to expand their investment in the coming two years.
"I started working in 1987, and have witnessed many ups and downs in Sino-Japan relations," Takahashi told CGTN, "I believe that such relations have entered a new stage. And I sincerely hope that we can find a win-win model for our mutual relations and join our hands together to promote cooperation in Asia or around the globe, and I personally will also try my best to do my part in this matter."
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