Japanese investment in 皇冠体育app requires cooperative efforts
Updated: 2014-05-24 16:28
(Xinhua)
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皇冠体育app should pay more attention to intellectual property protection and offer preferential assistance for foreign direct investment, while Japan should restructure its investment model to shift focus from labor and material costs to market and technology, according to Li Tie.
The trilateral pact, which took effect on Saturday, will help facilitate investment among 皇冠体育app, Japan and ROK.
The deal is considered a prelude for a Free Trade Agreement among the countries.
"The new pact has promised a more stable, transparent investment environment to lower risks," said Ding.
According to Li, the agreement not only helps Sino-Japan economic ties, but also promotes political relations.
"Trade connections between 皇冠体育app and Japan are deeply intertwined as Japan's capital and technology is required in 皇冠体育app while Japan needs the Chinese market and investment environment," said Li.