Cooperation potential is big with Japan
Economic cooperation between China and Japan still has the possibility of further advancement under the current complicated and changeable situation, but the two countries should target bilateral cooperation aimed at promoting the overall development of the global and regional economy.
Together they account for one-fifth of the global economic output, so economic cooperation between China and Japan will have a positive effect on the global economic recovery at the time when it runs the risk of a double-dip recession.
The two countries have played a pivotal role in Asia's integration. They are also playing a crucial role in regional efforts to set up a free trade area between the 10-member Association of Southeast Asian Nations (ASEAN), China, Japan and the Republic of Korea.