China-Japan economic dialogue will discuss restrictions on the export of rare earth

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China-Japan economic dialogue will discuss restrictions on the export of rare earth 2012-08-03

Dialogue would involve the rare earth export restrictions, intellectual property rights infringement and Japanese enterprises in China, issues such as staff strike

The Third China-Japan high-level ministerial economic dialogue will be Aug. 28 in Beijing. Dialogue will macroeconomic policy, trade, environmental protection and multilateral cooperation in East Asia to exchange views on wide range of issues, and committed to reach a consensus. Chinese Vice Premier Wang Qishan and Katsuya Okada, the Japanese Foreign Minister will co-chair the dialogue. The Chinese side said the key ministers will attend, including Japan's Finance Minister also said that with the Minister of Economy, including seven cabinet members will participate.

Chinese Ministry of Commerce said in August 24, the current crisis the world is in the Yingdui full Fusuzhuanbian to Tuidong the critical period of global economic structural adjustment and change in mode of economic development need cooperation between countries. Under this background, the two sides on economic recovery measures, to strengthen bilateral mutually beneficial win-win cooperation, global and regional cooperation ?? range is expected to Sino-Japanese economic cooperation have enjoyed continued development.

According to the Japanese "Asahi Shimbun" reported that the current production of rare earth in China more than 90% of global production. Japan has become the largest importer of rare earth production. The earth is mixed electric vehicle parts and important raw material for energy-saving appliances. The Chinese government in July said it would significantly reduce the volume of exports of rare earth. The report analysis, the Chinese government is trying to limit the export of rare earth cheap. Therefore, restrictions on Chinese exports of rare earth consultations in Japan during this dialogue, one of the important action.

According to Kyodo News reported that Japan will be discussed in May this year the Chinese government introduced the compulsory certification system. This system requires foreign companies open source information technology products, Japanese companies worried it would cause the loss of technology. Japan also urged China to increase efforts to combat piracy and other violations of intellectual property rights.

In addition, Japan will be Japanese-funded enterprises in China spate of employees through strike for higher wages lead to stop production of the event with the Chinese side, asked the Chinese side to improve the investment environment.

High-level economic dialogue China-Japan relations in the former Japanese Prime Minister Junichiro Koizumi came to power after the era of stagnation, Premier Wen Jiabao to Japan in April 2007 visit to the occasion, and when the Prime Minister of Japan Shinzo Abe, a kind of dialogue launched jointly mechanism. The aim is to strengthen bilateral dialogue and cooperation in the economic field and then consolidate the Sino-Japanese strategic and mutually beneficial relationship. The first two dialogues respectively in December 2007 and June 2009 in Beijing and Tokyo.

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