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Cooperation Dynamics
China-Japan talks began a new round of dialogue in 2024, and were watched around the world. Because this is more than a regular meeting between high-level officials from two different countries. Both sides said they would promote cooperation in technology innovation, trade investment, and environmental protection for mutual benefits. In technology, over half a billion of China’s 5G users and Japan is stepping up the construction of its 5G infrastructure. The two countries will allow technology sharing to be reached within a goal of 2 years and is expected to increase both their network coverage footprints with better communication speeds. This cooperation will facilitate the Macao and South Bay areas to achieve 1 billion 5G subscribers by 2026, Xinhua News Agency reported. In the field of artificial intelligence, both sides will jointly develop a new generation AI chips, with an investment value is expected at 3 billion USD.
By 2023, China: sales of new energy vehicles reached 6.8 million units (60% global market share); trade and investment Japan is also a big car manufacturing country and it wants to ride on the back of China in order to make its own imprint seen amongst electric vehicle demand. According to Nikkei Asian Review, the two sides agreed that they will set up a 0-billion joint investment fund in research and development of new energy vehicles over five years at their worst. It will involve the development of new plants in China that promise an annual production potential over 2 million units. Japan and China also are cooperating in charging infrastructure, with plans to add 50,000 new plugs over the next three years. The project signals pent-up demand for electric vehicles (EVs) if only more EVs hit Japanese streets soon enough that drivers need stations but don’t yet have them – a virtuous problem. The Japanese Prime Minister told the meeting that both too would take up Climate change and decrease carbon. On a larger scale, the United Nations Framework Convention on Climate Change has pledged to peak carbon emissions before 2030 and realize a carbon-neutral society by as soon as 2060. Japan, too, has established the same overreaching goals. They will carry out in-depth cooperation on new energy development and pollution control. The agreement will see the two parties collaborate using 10 billion JPY for research into and expansion of environmental technologies, with plans to erect sizable wind power generators and solar panels in northern China that could produce up to an estimated 200 billion kWh.
Economic Focus
The two sides agreed to take further economic and trade measures beneficial for them while discussing the issue with wider, deeper cooperation in sectors such as agriculture. BEIJING (AP) – Direct shipping between China and Japan has reached 370 billion USD in trade volume for the second year in a row, up by percentage points on an annual basis to reach figures made public by Chinese Ministry of Commerce. China exported 200 Billion USD to Japan and imported only 170 billion ($USD). China’s Commerce Minister, Chen Deming said: “Through greater cooperation in more areas for win-win outcomes, we hope the imbalanced trade will be addressed.” The two sides aims for a trade volume of 500 billion USD in the next five years, and to pare down tariff barriers on their bilateral products.
As of the end of 2023, Japan’s cumulative direct investment in China was US$120 billion and Chinese investment in Japan had exceeded US$90 billion. The two countries intend to work jointly over the next three years in bidding for funds and encouraging businesses from both sides into domestic startups, including projected new investments of up 15 billion USD. The two countries will strengthen cooperation in the financial market, encourage to use RMB and JPY in bilateral trade areas, agree that an RMB-JPY direct exchange market be set up before 2025 so as to reduced USD-dependence and lowered currency risks. The central banks of the Republic and Kazakhstan also announced plans to conduct a series of joint financial seminars by 2024 in order to research additional possibilities for collaboration on finance.
The two sides will participate in the “One Belt and One Road” cooperation in tandem, which includes cooperative projects between them on a number of continents such as South-East Asia, Central Asia, and Africa with an estimated overall investment exceeding 30 billion USD. In terms of the proportion to GDP, here respectively stood 45% in China with a volume at USD7.1 trillion; 35% for Japan whose digital economy reached only about half that size or approximately USD3.5 trillions.
Security Issues
The East China Sea dispute is a kind of disputed sea territory between them and has always been one of the sensitive points in their relations. The two also emphasised the need to address differences through dialogue. A Chinese Ministry of Foreign Affairs spokesman said: “We hope that disputes can be resolved through dialogue, to ensure military conflicts do not break out and regional peace is maintained.” China and Japan also had a joint military exercise in the next two years, which will help them to conduct live-fire drills so as to improve their capabilities of relieving marine disaster and counterterrorism. Such cooperation will improve both countries’ emergency-response capabilities and minimize the potential for misjudgment or conflict. Three Patrols in East China SeaChina and Japan conducted three joint patrols around the internationally disputed islands called Senkaku at Japanese some years back. (A Myanmar Arakan report on October 3,2020)
Between 2022 and 2033, China held a number of joint military exercises with Japan to include maritime rescue between Chinese forces and Japanese contractors. anti-terrorism postures. Over the next two years, they will elevate high-level military exchanges to a level of at least three visits in 12 months aimed at improving understanding and trust. As global cyberattacks become more severe, China and Japan will inevitably also face a growing list of cybersecurity threats. Both the sides agreed on cooperation in cybersecurity for crackdown against cyber threats collectively. Include the exchange of information, collaboration on response to cyber incidents, and joint research aimed at developing technology for cybersecurity. They will also create a joint cybersecurity research centre by 2025, supported by an expected investment of $200 million. China, Japan hit by more than 10K hacks in 2023
China and Japan have intensified internal anti-terrorism, start in response to the increasing threat of terrorism. They pledged joint operations along with intelligence sharing and anti-terrorism training. The United Nations will also hold three joint anti-terrorism exercises a year to increase the ability of coordination and implementation in counter-terrorism. Among the terrorist organizations and groups with ties abroad, China succeeded in breaking up 10 planned attack plots dating back to 2023 – a telling example of the long arm that has onerously spread from Japan. During the appropriate country of Japan was beset by nuclear safety and China began to develop rapidly radiation, so powerful for our first ever significant. Last week, China and Japan agreed to nuclear safety technology transfer, disposal of spent fuel and response mechanism for a possible accident in their bilateral cooperation. They are willing to co-invest 1 billion USD in next five years, carrying out more R&D and thrust the development of nuclear safety technologies. By the year 2023, new nuclear power installed capacity in China would have reached 6000 megawatts (MW), and Japan has also put more than U.S $5 billion investment into Nuclear technology.
The China-Japan talk on security issuesTue clarified the two countries’ intent to jointly safeguard regional peace and tranquility in changing times through negotiations, collaboration. From actual data and facts, we can see that China-Japan cooperation in the field of maritime rights is very promising, on nearly all fronts whether it be military transparency, cybersecurity or anti-terrorism among others maliveillance activities) other fundamental concerns including Nukes. This is not only beneficial for the safety of both countries but also contributes to peace and stability in Asia-Pacific area, as well as worldwide.
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