| China, Japan join hands to fight crisis |
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| Thursday,April 30,2009 Posted: 10:35 BJT(0235 GMT) |
| From:China Daily Article type:Redistributed |
Premier Wen Jiabao and his visiting Japanese counterpart Taro Aso yesterday pledged to join hands to deal with the global financial crisis.
China and Japan, whose economies rely heavily on exports to Western markets, have been hit hard by the global financial crisis.
Bilateral trade also slid 24 percent year on year in the first quarter, figures from the Ministry of Commerce show.
To cope with the crisis, Wen proposed that the two nations expand cooperation with members of the Association of Southeast Asian Nations (ASEAN) and push forward coordination among China, Japan and South Korea.
The two leaders also agreed that:
A Japan-China Plan for Comprehensive Cooperation in Environment and Energy Conservation will be launched.
The China-Japan High-Level Economic Dialogue will be held on June 7 in Tokyo.
Japan will open to individual Chinese tourists in July, while regular charter flights between Tokyo and Beijing will start in October.
A Chinese consulate will be opened in Niigata.
A telecom deal next month will largely help Japan's 3G mobile phones enter the Chinese market.
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Exchanges & Cooperation
