China remains crucial for Japanese enterprises despite strained relations between the two largest economies in Asia and the sharp decline of Japanese investment in China, according to the Japanese consul-general in Shanghai.
Market share for Japanese automotive firms in China has recovered slightly from the low point it hit two years ago in the wake of a diplomatic row.
Direct investment from Japan between January and June slumped 48.8% year-on-year to $2.4 billion, the Ministry of Commerce said, as some observers attributed this in part to political tensions.
Japanese companies may be investing less in China, but they have by no means given up on the market, according to a report by the Japanese Chamber of Commerce and Industry in China.
Despite strained political relations between China and Japan, trade is flowing, two-way investments are recovering and the trend is expected to continue in the near future, experts said.
Vice-President Li Yuanchao hosted a group of prominent Japanese industrial figures on Wednesday and asked them to help improve strained relations between China and Japan.
In a quiet side room at Pigeon Corp's spacious lab north of Tokyo, researchers are on a high-tech quest to create a teat for babies' bottles that matches a breast-feeding mother's own.
A Japanese ship has been released after the shipping firm Mitsui O.S.K. Lines Ltd paid compensation over WWII disputes.
Japanese shipping firm Mitsui O.S.K. Lines Ltd has paid about $39 million to a Chinese court towards securing the release of one of its ships which was seized over an alleged payments dispute dating back to World War Two.
Vice-Premier Wang Yang met visiting former Japanese lower house speaker Yohei Kono on Tuesday and called on prominent entrepreneurs in Japan to repair the nations' strained relationship.
Japan raised its sales tax on Tuesday, a move likely to depress Chinese export prices to Japan while bilateral trade remains full of uncertainties amid political tensions.
A Sino-Japanese symposium on industry-university-research (IUR) cooperation was jointly held on March 18 at Tsinghua Science Park, Beijing.
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