Factory activity returns to expansion in a positive sign for China’s economy
Former Japanese Foreign Minister Takeshi Iwaya conveyed a positive outlook on economic and private-sector exchanges between China and Japan during his recent meeting with senior Chinese officials. Iwaya, who heads a Japanese business delegation, advocated for Beijing to expedite Japan-bound rare-earth export procedures. Chinese Vice Premier He Lifeng assured the group that China has no problem shipping rare earths for civilian purposes to Japan.
The delegation, comprising nearly 60 members from Japan's Association for the Promotion of International Trade, is in China for a four-day visit. China's favorable treatment of the business delegation is believed to be an attempt to encourage Prime Minister Sanae Takaichi's government to work towards improving the strained bilateral relationship.
The two Asian neighbors normalized diplomatic ties 54 years ago, and Iwaya emphasized the importance of returning to a "starting point" for constructive dialogue. He also highlighted the significance of holding such discussions during times of diplomatic tension. Chinese officials expressed hope that Japan's private-sector firms would develop market opportunities in China and adhere to a correct historical direction in advancing economic and trade cooperation.
Written by urgent.news from The Mainichi's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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