Japan and the ROK give priority to foreign trade and investment and have notable strengths in information, big data and other high tech sectors. Meanwhile, China has a huge market and latecomer advantage in 5G and the internet. "China is willing to share the market and development opportunities with Japan and the ROK," Luo said.
In terms of differences and disputes, Luo said it is natural that three countries may have disputes over history and territorial waters. What is important is that all the three countries should properly manage these differences, make the pie of cooperation bigger, and guard against the interference of external factors. "The three countries have already reached consensus on that," he said.
China, Japan and the ROK account for 24 percent of the world economy. Trilateral trade exceeded 720 billion U.S. dollars last year, and over 31 million visits were recorded.
Against the background of downward pressure of the world economy and rising trade protectionism and unilateralism, China, Japan and the ROK, as important Asian countries and three major economies in East Asia, shoulder important responsibilities in safeguarding regional peace and stability and promoting world development and prosperity, said Li Chenggang, assistant minister of commerce.
"The 8th China-Japan-ROK leaders' meeting will further enhance the three countries' political mutual trust, lift the level of economic and trade cooperation, and promote all-round development of mutually beneficial cooperation, injecting impetus to economic growth and sustainable development of East Asia and the world," Li said.
【国内英语资讯:China Focus: Upcoming China-Japan-ROK leaders meeting to chart course for future cooperati】相关文章:
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