Latest News:  
Beijing   Cloudy    28 / 19 ℃  City Forecast

English>>China Business

Japan's economic circles shoulder the mission to improve Sino-Japanese relations

By Jin Bosong (People's Daily Online)

13:15, September 25, 2012

Edited and translated by Li Qian, People's Daily Online

The scholars on Sino-Japanese relations can basically foresee what will be happening between the two countries at some time in the future, and the tragic history of Sino-Japanese relations may repeat. But at present, there are a few heavyweights who can turn around the worsening situation, and Japanese business leader Akio Toyoda is one of them.

1. The influence of Toyota

When Junichiro Koizumi campaigned for the Japanese Prime Minister, his famous saying once resounded in the sky of Japan, "Without reforming, there is no recovery". Junichiro Koizumi won wide supports from Japanese citizens as he vigorously pushed forward the reforms during his tenure. On Sino-Japanese relations, although he had unshakable responsibilities for "cool politics", he also had the outstanding contributions to "hot economy". For example, the Japanese government attempted to implement the trade remedy measures to restrict the importation of three agricultural products from China, which suffered the strong countermeasures from the Chinese government. It's said that the former head of Japan's powerful Keidanren, the retired president of Toyota Motor Corporation, Hiroshi Okuda once persuaded Mr. Koizumi in person, the Japanese government then gave up the protectionist trade measures subsequently. Hence the economic relations between the two countries developed rapidly. With the aid from China's overseas market demand, Japanese averted a meltdown of the economy and realized the economy recovery as long as seven years.

Now, some important Japanese entrepreneurs may know that the Japanese economy will have a big crisis, and the turning point to get out of the difficult situation is in China, rather than in Japanese. Only continuing to seek supports from China, continuing to push ahead with reforms, can turn the Japanese economy around. And when it comes to who can influence Japanese politics, the answer is Akio Toyoda without doubt. Because the pillar of Japanese economy is the automobile industry and the automobile industry follow Toyota's lead, and so does the whole Japanese business without exaggerating. Akio Toyoda, with no lack of channels and interpersonal relationship, is fully qualified if he wants to influence Japanese politics.

【1】 【2】

News we recommend:
China, US battle over auto parts New Silk Road future of trans-Eurasian freight Islands 'purchase' hurts major industry sectors
Global mobile brands find lines busy in China NDRC raises fuel prices Gearing up for knowledge economy
Grape expectations from Argentina  Secrets of the Chinese travelers Secrets of a successful PE firm


Leave your comment0 comments

  1. Name


Selections for you

  1. Weapons in PLA videogame Glorious Mission

  2. Different faces, different lives

  3. Crackdown uncovers market malpractice

  4. National Peasants' Game in China

  5. 10 Most Inspirational Athletes With Prosthetic Limbs

  6. 11 Cool Things Made From Old Cassettes

Most Popular


  1. Palestine faces difficulties amid Arab upheaval
  2. Japan defies post-war int'l order, China's goodwill
  3. Tokyo's stance on Diaoyu Islands 'unacceptable'
  4. Supervision shields officials from graft
  5. Microsoft wisely teams with Beijing to fight piracy
  6. Japan needs examination of wartime aggression
  7. Is Chinese economy sliding into dangerous position?
  8. Naval expert: Aircraft carrier will play a major role
  9. No protests can ever justify use of violent acts
  10. Prepare for long-term struggle over Diaoyu

What's happening in China

Pandas walk on the wild side

  1. Foreign infant formula products downsize in China
  2. Coffee shop's new outlet deletes the word 'temple'
  3. Almost billion yuan added to textbook budget
  4. Foxconn shuts plant after violence
  5. Beijing sets standard for Chinese teachers

China Features

  1. How to pan for gold in cultural investment fever
  2. How are elegant Miss Etiquettes 'produced'?
  3. Co-production helps Chinese films go global
  4. Caution: Traps behind credit card use
  5. A visit to world's oldest Buddhist pagoda

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture