China and Japan, with bilateral trade surpassing 300 billion U.S. dollars for years, still see vast potential for future economic growth, said Commerce Ministry spokesman He Yadong at a press conference in Beijing on Thursday.
Commerce Minister Wang Wentao met with a record-breaking delegation of about 230 Japanese business leaders in Beijing on February 18, demonstrating Japanese economic circles' interest in and expectations for the Chinese market.
During the discussions, business representatives from Japan expressed their optimism about China's steady economic growth, acknowledging its positive impact both on Japan and on East Asia and global economic development. They reaffirmed their commitment to deepening cooperation with China, and expressed their willingness to continue contributing to the development of China-Japan relations from an economic perspective.
"China and Japan have deeply integrated their economies, with bilateral trade topping 300 billion U.S. dollars for many years and Japan's cumulative investment in China exceeding 130 billion U.S. dollars. There is enormous potential for future growth. Both sides should strengthen policy communication, maintain the stability of production and supply chains, uphold the multilateral trading system centered on the WTO, and enhance regional and multilateral cooperation," said He.
He expected the business communities of both countries to expand exchanges and visits, while deepening cooperation in green development, medical and health care, and service trade, so as to contribute to the sound and steady development of China-Japan economic and trade relations.
China-Japan trade exceeds 300 bln dollars for years
