Latest News:  
Beijing   Sunny/Overcast    27 / 15 ℃  City Forecast

Home>>China Business

Japan vows to boost exports to China

By Bao Chang  (China Daily)

13:33, May 15, 2012

Taking advantage of an expected China-Japan-South Korea free trade agreement, Tokyo has vowed to boost exports to China, which slowed last year after a nuclear accident in Japan.

"We will use any preferential policies that help to spur Japanese agricultural, forestry and seafood exports to China, although the outcome of the FTA negotiations remains uncertain," Japan's ambassador to China, Uichiro Niwa, told China Daily.

On Sunday, the three countries agreed to start talks about an FTA this year during a trilateral summit chaired by Premier Wen Jiabao.

Niwa said once the negotiations start, Japan will consider opening industries such as agriculture based on the basic policy on comprehensive economic partnership released by the Japanese government in November 2010, aiming at reaching a high-level FTA.

Japan's exports to China dropped last year due to China's import restrictions on Japanese products following the country's earthquake disaster and Fukushima Daiichi nuclear power station crisis, according to Niwa.

Data from the General Administration of Customs show China's agricultural imports from Japan fell 41.4 percent to $350 million in 2011.

The China Chamber of Commerce of Foodstuffs and Native Produce said the Japanese radiation crisis has apparently influenced the views of Chinese importers and consumers.

"Japan would like to discuss with the Chinese government the relaxation of China's import restrictions to introduce more high-end Japanese food and agricultural products to Chinese consumers," Niwa said.

China, the world's biggest exporter and second-largest importer, is planning to buy more from its trade partners in an effort to boost domestic consumption.

The State Council, or cabinet, said in March that China will cut import duties on consumer goods, certain energy products and raw materials to drive purchases.

Beijing will encourage importers to buy more from countries that have free trade agreements with China, such as Pakistan, New Zealand, and member countries of the Association of Southeast Asian Nations, according to the Ministry of Commerce.

"Considering the agriculture industry's development in Japan, the country's high-end products are likely to garner a big market share in China after the trilateral FTA takes effect," said Zeng Yanchu, professor at the School of Agricultural Economics & Rural Development of Renmin University of China.

China National Agricultural Development Group Co Ltd is building a Sino-Japanese high-end agricultural products trading center with Japan's Ministry of Agriculture, Forestry and Fisheries.

After its expected opening in the first half of this year, the center will become a major trading platform for Japanese high-end agricultural products tailored to the Chinese market.


Leave your comment0 comments

  1. Name


Selections for you

  1. Young morticians in China

  2. Transformation of an industry

  3. Chinese navy flotilla escorted 4,640 vessels to date

  4. Manila urged not to escalate tension

Most Popular


  1. Stronger policies needed to push dividend payouts
  2. US, China must co-op to defuse confidence crisis
  3. Regulations holding back financial sector’s progress
  4. City banks' IPO push puts investors at risk
  5. Ways to develop low-carbon economy in China
  6. RRR cut still in country’s best economic interest
  7. Relax high-tech restrictions
  8. Overseas investment yields not nation's priority
  9. A neutral US helpful to stability in S China Sea
  10. Tourism authority warns of low-cost package tours

What's happening in China

Dance drama "Goddess And The Dreamer"staged in Henan, China

  1. Public participation would guard use of donations
  2. Beijing's youth jobless rate soars
  3. Beijing kicks off campaign targeting illegal aliens
  4. China to enlarge talent pool to 180m by 2020
  5. Nurse injured in knife attack in hospital

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai