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The Ministry of Commerce of China File photo: VCG

 
A Japanese business delegation recently visited China with a record number of representatives, fully reflecting the great importance Japanese businesses attach to the Chinese market, He Yadong, a spokesperson for the Ministry of Commerce (MOFCOM), said at a press briefing on Thursday. 

He made the remarks in response to a question about the delegation's visit and the ministry's expectations for China-Japan bilateral economic and trade cooperation moving forward. He noted that Minister of Commerce Wang Wentao met with the delegation that included a record-high number of 230 representatives on February 18. 

Participating Japanese business representatives said that China's stable economic growth is beneficial to Japan, East Asia and even the global economy, and they are willing to continue to deepen cooperation with China to further contribute to the development of bilateral relations in the economic field, according to He.

The spokesperson said that China and Japan are deeply intertwined economically, with bilateral trade exceeding $300 billion for many years in a row. Japanese enterprises have invested more than $130 billion in China, highlighting significant future growth potential, he said.

The two sides should strengthen policy communication, maintain the stability of production and supply chains, uphold the WTO-centered multilateral trading system, and strengthen regional and multilateral cooperation, said He. 

He expressed hope for expanded exchanges and deeper cooperation in areas such as green development, medical care and healthcare, and trade in services. 

Also on Thursday, a policy briefing session for "Invest in China" organized by the MOFCOM was successfully held in Osaka, Japan, with more than 90 representatives from Japanese enterprises in the Kansai region attending the event, the MOFCOM said in a statement. 

The Kansai region is an important economic center and manufacturing base in Japan, which has great potential for cooperating with Chinese enterprises in sectors such as intelligent manufacturing, green and low-carbon industries, and the digital economy, Chinese Vice Commerce Minister Ling Ji said at the session. 

Ling said that he expects Japanese companies and investment organizations to continue to invest in China, noting that China will create a stable, fair, transparent and predictable business environment for Japanese companies. 

China's economic operation is generally stable and progressing steadily currently, with the upturn long-term trend remaining unchanged. China adheres to high-level opening-up and actively cultivates new quality productive forces, with new innovation scenarios, applications and industries emerging and market demand continuing to rise, Ling said. 

Masayoshi Matsumoto, head of the Kansai Economic Federation, said at the event that against the backdrop of increasingly uncertain directions in global trade policies, Japan's business community must continuously strive to seek collaboration opportunities with outstanding partners, and China's dynamic market will occupy a crucial position, according to the MOFCOM statement.

Global Times