China and Japan Today
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Transcript of China and Japan Today
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China and Japan Today
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President Hu Jintao’s visitChina is committed to structural change
of the economy from export-driven to domestic consumption-driven
personal savings: 15 trillion yuanforeign exchange reserves 0.9 trillion
US$yuan-US$ has risen over 3% since Julyfirst quarter GDP grew by 10.2%
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Peace Treaty with Japan1951, Peace Treaty with Japan was
signed in San Francisco China was not invited
1952, Republic of China (Taiwan) signed Peace Treaty with Japan ``state of war between the Republic of
China and Japan is terminated”
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Diplomatic Relation (1972)Turning point: Nixon visited Beijing
and Shanghai in February 1972Japan’s Prime Minister visited Beijing
and signed Joint Communiqué in September
PRC government waived the claim of war reparations against Japan
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Peace Treaty (1978)Treaty of Peace and Friendship
between the People's Republic of China and Japan
Deng Xiaoping visited Japan
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Japanese Loans to PRCOfficial Development Assistance
(ODA)Japanese government loanenergy loansJapanese free aidtrade surplus loans
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After Cold WarRelative rise
U.S. China
Relative decline Russia Japan
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Current StatusWashington-Tokyo-Beijing triangle
PRC & Japan regard relationship with each other as 2nd in importance to that with US
Japan plays significant role in integrating PRC into world economy
Japan has a vital interest in PRC’s development and stability
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PRC’s Trade Partners 2005Japan is Mainland China’s third largest
trade partner and largest import source was the largest trade partner before 2003
Total trade volume: 184 billion US$13% of Mainland China’s total tradeTotal imports from Japan: 100 billion US$15.2% of Mainland China’s total imports
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Japan’s Trade PartnersMainland China is Japan’s largest
source of imports and the 2nd largest trade partner in 2004
PRC (including both Mainland China and Hong Kong) became Japan’s largest trade partner in 2004 surpassing the US for the first time
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Japan’s Direct Investment3rd largest investment source31,855 projects46.8 billion US$9 mill. employees
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Personnel exchanges 20053.4 million visits from Japan to China540 flights weekly between China & Japan315 pairs of sister cities487,570 Chinese citizens in Japan
80,592 Chinese students in Japan (2/3) 7,000 Chinese have obtained Ph.D. in Japan
19,059 Japanese students in China (17%)
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Current IssuesYasukuni ShrineJapanese history textbooksJapanese chemical weapons left in
ChinaDiaoyu (Senkaku) Islands in East
China Sea
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Generation GapChiang Kai-Shek (1887), Mao Zedong
(1893), Deng Xiaoping (1904)Jiang Zemin (1926), Hu Jintao (1942),
Professor FrostGuo (1974)the “little emperors”