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Economy

Japan and China join hands on eco-friendly business leads abroad

Public-private event sees agreements inked for 23 projects

Hiroshige Seko, the Japanese minister of economy, trade and industry, speaks at the 11th Japan-China Energy Conservation and Environment Forum.   © Kyodo

TOKYO -- Representatives of Japanese and Chinese interests agreed to cooperate on 23 environmental projects at a public-private forum here Sunday.

The two sides seek to jointly cultivate new business opportunities in third countries through a new working group.

About 860 people, including corporate representatives and government officials, attended the 11th Japan-China Energy Conservation and Environment Forum.

"I hope that the projects will allow Japanese and Chinese companies to benefit each other and be rated highly by other countries," said Hiroshige Seko, the Japanese minister of economy, trade and industry.

Seko also pushed for the creation of further trade rules, such as through the Regional Comprehensive Economic Partnership trade pact. "Industries are diversifying around the world, but regulations on them have not caught up," he said.

From the Chinese contingent, Zhang Yong of the National Development and Reform Commission spoke of working with the Japanese side on global environmental strategies and that their greater partnership will be mutually beneficial.

Vice Commerce Minister Gao Yan also urged Japanese businesses to participate in energy-saving partnerships advanced under China's Belt and Road initiative.

More than 300 agreements have been signed since the forum was launched in 2006.

(Nikkei)

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