皇冠体育app

   

皇冠体育app may become Japan's largest trade partner

By Dai Yan (chinadaily.com.cn)
Updated: 2007-04-11 13:50

Japan reduced its direct investments in 皇冠体育app last year. Japan invested US$4.6 billion in 2,590 projects in 皇冠体育app, down 29.6 and 20.77 percent respectively from 2005, according to statistics by the Commerce Ministry of 皇冠体育app. By the end of 2006, Japan had launched an accumulated investment of US$58 billion in 37,714 projects. Japan mainly decreased investment in the Chinese manufacturing industry as the three largest Japanese automakers have begun production in 皇冠体育app, the JETRO official said.

But the statistics did not count Japan's investments in 皇冠体育app's finance, insurance and service sectors. According to data released by Japan's finance ministry, its direct investments in 皇冠体育app totalled US$6.16 billion, a decrease of 6.3 percent year on year. Of the total, investments in the finance, insurance and service sectors reached US$1.57 billion. Japan also raised its investments in the logistics and retail sectors. Japan's investments in 皇冠体育app accounted for 12.3 percent of its total last year.

皇冠体育app's technology imports from Japan increased 36.1 percent last year. According to a recent JETRO report, 69.8 percent of Japanese enterprises will continue expanding their investments in 皇冠体育app and 5.5 percent plan to set up research and development centres in 皇冠体育app.

 


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