Sino-Japan Economic Consultation Mechanism Launched

Home>>Business

Last updated at: (Beijing Time) Wednesday, October 16, 2002

Sino-Japan Economic Consultation Mechanism Launched

DISCUSSION

CHINESE

SEND TO FRIEND

The China-Japan economic and trade partner consultation mechanism was launched Tuesday in Beijing by China's Vice-Minister of Foreign Trade and Economic Cooperation, An Min,and Fujisaki Ichiro, Japan's Deputy Minister of Foreign Affairs.

According to the consensus reached by leaders of the two countries early this year, ministerial-level consultation is scheduled to be held annually by turn in the two countries.

Japan is China's largest trade partner, with 62.9 billion US dollars of trade volume between them in the first eight months this year. By September 2002, Japan's actual investment in China stood at 35.345 billion US dollars.

An said the consultation mechanism, which would influence Asian economic development and cooperation, would help bring about prompt solutions to bilateral economic and trade problems.

The economic and trade ties between the two countries had seen rapid development since the normalization of bilateral relations, Fujisaki Ichiro said.

In the long run, Japan and China needed to strengthen coordination and exchanges, which benefited both countries as well as East Asia and the world, he said.

Questions?Comments? Click here

Chinese, Japanese FMs Reach 6-point Consensus

China, Japan to Hold Security Consultation

China's Automaker Invests in GM-Daewoo Joint Venture ( 2 Messages)

At least 182 Dead in Indonesian Island Blast: President ( 2 Messages)

Multinationals Fight for Chinese Markets ( 80 Messages)

China Opposes US Congress Committee's Interference in China's Internal Affairs ( 33 Messages)

Fewer Slogans, More Practical, Reflect Social Changes in China ( 31 Messages)