Connect with us

World

"Blue Book of Japanese Economy: Research Report on Japanese Economy and Sino-Japanese Economic and Trade Relations (2022)" released in Beijing

News Agencies

Published

on

People's Daily Online, Beijing, November 22 (Reporter Jia Wenting) On November 22, 2022, the Institute of Japanese Studies of the Chinese Academy of Social Sciences and Social Sciences Literature Publishing House jointly published the "Blue Book of Japanese Economy: Research Report on Japanese Economy and Sino-Japanese Economic and Trade Relations (2022 )". This book reviews and looks forward to the operation of Japan's macro economy in 2021-2022.

Strengthening Sino-Japanese economic and trade cooperation is of great significance to the economies of the two countries

The blue book pointed out that Japan's most important task at present is to control the epidemic and restore the economy. Expanding exports is a breakthrough for Japan to achieve economic recovery. China is Japan's largest trading partner and an important investment partner. Strengthening China-Japan economic and trade cooperation is of special significance to Japan's promotion of economic recovery, and it is also of great significance to the high-quality development of China's economy.

Advertisement

While the global epidemic situation is still severe, the influence of unilateralism and trade protectionism still exists, and the uncertainty of the world economy remains, but the stable development of China's economy is certain. In 2020, under the background of the huge pressure of the new crown pneumonia epidemic on the global economy, China's economy will achieve a positive growth rate of 2.3%. China is the only country in the world's major economies that has achieved positive growth. In 2021, China's economic growth rate will reach 8.1%. , leading the world's major economies and emerging market countries. In terms of bilateral trade between China and Japan, China will once again become Japan's largest export market in 2020. Japan's exports to China account for more than 20% of Japan's total exports. This trend will continue in 2021. Japan's imports from China It accounts for nearly 25% of Japan's total imports. At the same time, under the impact of the epidemic, the importance of regional supply chains has become more prominent. The signing and entry into force of RCEP has opened up a broader space for Sino-Japanese economic and trade cooperation. Under the RCEP framework, China and Japan established a bilateral free trade relationship for the first time, which is conducive to promoting the deep integration of the supply chain between China and Japan and jointly maintaining the stability of the regional supply chain.

China and Japan still have great potential for cooperation in the field of scientific and technological innovation

The blue book pointed out that in the field of scientific and technological innovation, China and Japan have mutual advantages and strong complementarities, and there is still great potential for cooperation. Especially in the fields of 5G, AI, blockchain, big data, intelligent robots, and new energy vehicles, China and Japan should work together to give full play to the advantages of the two countries in the transformation of new technologies, and transform new technologies into New products promote the economic development of the two countries.

Advertisement

In the Sino-Japanese scientific and technological innovation cooperation, the cooperation potential in the field of digital trade is huge. In recent years, countries around the world are using new technologies such as big data, the Internet of Things, and AI to drive industrial upgrading and cross-border integration. Japan has a strong technical reserve and rich knowledge in IT technology, especially hardware such as semiconductor manufacturing equipment and electronic components. In view of this, China and Japan have broad prospects for cooperation in innovative fields such as digital economy and e-commerce. The two sides should seize the opportunity and strive to promote China-Japan digital economy cooperation to achieve a new leap forward and further release the dividends of digital economy development.

The entry into force of RCEP will strengthen the supply chain cooperation between China and Japan

The blue book pointed out that from a macro perspective, China and Japan are deeply interdependent in the supply chain. The entry into force of RCEP will strengthen Sino-Japanese supply chain cooperation and achieve more trade creation and investment creation.

Advertisement

In addition, the investment rules in RCEP will also have a strengthening effect on the supply chain between China and Japan. Mutual investment between the two parties will achieve a win-win situation. The investment chapter of RCEP stipulates that all countries adopt the negative list method and make a relatively high level of open commitment to investment in the manufacturing, agriculture, forestry, fishery, and mining industries. This will promote foreign investment activities between China and Japan, and strengthen China-Japan cooperation. The resilience of the supply chain accelerates the integration of the supply chains of China and Japan.

(Editors in charge: Jia Wenting, Chang Hong)

Advertisement

Share for more people to see

The news is published by EMEA Tribune & Peoples Daily Online210520-twitter-verified-cs-70cdee.jpg (1500×750)

Continue Reading
Advertisement

Advertisement

Breaking News

Editor Pick’s

Latest Entertainment

Entertainment14 hours ago

‘One Of Us Is Lying’ & ‘Vampire Academy’ Cancelled At Peacock

EXCLUSIVE: A pair of YA drama series are coming to an end at Peacock. The NBCU streamer has canceled One...

Entertainment14 hours ago

‘One Of Us Is Lying’ & ‘Vampire Academy’ Canceled At Peacock

EXCLUSIVE: A pair of YA drama series are coming to an end at Peacock. The NBCU streamer has canceled One...

Entertainment15 hours ago

Brooke Shields reveals details of sexual assault in new Sundance documentary: ‘First time I’ve ever spoken about what happened’ ‘

Brooke Shields arrives for the National Board of Review Awards Gala in New York City on January 8, 2023. (Photo...

Entertainment16 hours ago

Jason Momoa Teases More ‘Aquaman’, DC Universe Future & David Zaslav Sit-Down

“I love [James] Gunn and so there’s gonna be some really cool things, what they’re doing with DC, and I...

Entertainment16 hours ago

‘NCIS: Los Angeles’ To End With Season 14 On CBS; Series Finale Date Set

One of CBS’ longest-running scripted shows, NCIS: Los Angeles, will be coming to an end after 322 episodes. Its current...

Entertainment16 hours ago

David Crosby’s 10 Best Songs

David Crosby, Legendary Musician With The Byrds and Crosby, Stills, Nash & Young, Dies at 81 David Crosby, who died...

Entertainment17 hours ago

Hilaria Baldwin pleads with paparazzi to ‘leave my family in peace’ following news that husband Alec will be charged in ‘Rust’ shooting

Hilaria and Alec Baldwin married in 2012. (Photo: Mike Coppola/Getty Images for 2022 Robert F. Kennedy Human Rights Ripple of...

Entertainment20 hours ago

Steven Spielberg & Imagine Teaming For John Williams Documentary Feature

Cue the menacing tuba. And the Imperial March. And the rousing Indiana Jones theme. Five-time Oscar-winning composer John Williams is...

Advertisement

Latest Sports

Sports23 mins ago

Australian Open 2023 Day 4: American Jenson Brooksby upsets No. 2 Casper Ruud; Djokovic advances

Who won? Who lost? How did the Americans do? Find all that info and more right here.

Sports53 mins ago

Where was Joe Burrow born? 7 facts about the star Bengals quarterback

Who is Joe Burrow's girlfriend? Where was he born? Here are seven facts about the Cincinnati Bengals quarterback.

Sports1 hour ago

Here is who national experts are predicting will win KC Chiefs-Jaguars playoff game

NFL writers made their picks and shared their thoughts on the Chiefs’ AFC Divisional playoff game against the Jaguars.

Sports2 hours ago

Djokovic defies injury in Australian Open win but Murray bows out

Novak Djokovic's hamstring just about held up as the hot favourite battled into the Australian Open last 16 on Saturday,...

Sports2 hours ago

Texans reporter John McClain helps break down NFL draft for Bears

Acclaimed Texans reporter, John McClain, joined Football Night in Chicago with Leila Rahimi to discuss the possibilities at the top...

Sports3 hours ago

Teammates say Tom Brady indicated after Monday’s game that he won’t return to Tampa Bay

After the Buccaneers were bounced out of the playoffs on Monday night, Tom Brady said only that he would take...

Sports3 hours ago

Djokovic battles into Australian Open last 16 but Murray bows out

Novak Djokovic's hamstring just about held up as the hot favourite reached the Australian Open last 16 on Saturday, as...

Sports4 hours ago

This Kansas woman goes to 32 NFL games in 73 days — scoring 561,700 TikTok followers

She hangs out on the sidelines. She poses with mascots. And sponsors pay for it. “I always knew that I...

Technology Hot News

Technology2 days ago

Led by "Amazon" and "Microsoft" .. the technology giants are planning to lay off 64,000 employees

After 10 years of driving the stock market bull run, big tech companies are racing to downsize staff to adapt...

Technology3 days ago

Apple introduces MacBooks with new M2 processors

Yesterday, Tuesday, Apple unveiled MacBooks powered by the new, faster “M2 Pro” and “M2 Max” processor chips, in a surprise...

Technology3 days ago

All you need to know about the upcoming Galaxy S23 phones from Samsung

Samsung has officially announced that the (Galaxy Unpacked 2023) event will be held this year on Wednesday, February 1, which...

Technology4 days ago

FTX Exchange Announces Hacking and Stolen $415 Million in Cryptocurrency

Bankrupt American cryptocurrency firm FTX announced today, Wednesday, that $415 million in cryptocurrency has been hacked and stolen from the...

Technology4 days ago

Because of a "fraudulent tweet"… Elon Musk's trial begins

Elon Musk's trial began Tuesday in San Francisco with the selection of jury members who will have to decide whether...

Technology4 days ago

An electric spoon replaces salt and spices, but with conditions

Experts have developed an electric spoon that is able to replace spices and flavors and affect the taste buds in...

Technology6 days ago

The biggest dangers of using tracking devices.. so you can escape?

If you spot an unknown Bluetooth tagging device, there are ways to disable the device so it can't track your...

Technology6 days ago

New Twitter.. For You tab to web version

The Twitter platform announced that it will bring the new tab (For You), which launched last Tuesday for iPhones and...

Advertisement