News On Japan

Japanese Economic Delegation in China Seeks Clarity on Anti-Spy Law

BEIJING, Jan 25 (News On Japan) - A delegation of top figures from Japan's business community, currently visiting Beijing, has held discussions with Chinese economic policy authorities, urging transparent implementation of laws such as the anti-spy law.

Takao Shindo, Chairman of the Japan-China Economic Association, emphasized the need for transparency in the application of laws related to national security, including the anti-spy law. "Dispelling concerns about the operation of these systems and fostering an environment conducive to business and international community alignment is essential," he said.

The Japanese delegation, comprising about 180 business leaders, exchanged views with the National Development and Reform Commission on Wednesday morning.

The Japanese representatives advocated for cooperation in areas such as the silver economy, healthcare, and transitioning to a decarbonized society.

The Chinese side, still under sanctions by the United States, pointed out that both countries should oppose the political elements affecting economics, while also expressing hope for investment from Japan, arguing that "China can provide long-term, stable returns."

This meeting signifies a pivotal moment in Sino-Japanese economic relations, reflecting both nations' commitment to overcoming challenges through dialogue and cooperation. As the global economic landscape evolves, such interactions become crucial in shaping the future trajectory of regional and global economic dynamics.

Source: ANN

News On Japan
POPULAR NEWS

JR West Japan has announced the development of a special umbrella designed to protect passengers and crew from attackers wielding knives or other weapons, with plans to equip train cars with these umbrellas.

The Japanese embassy in Turkey says six Japanese tourists were hospitalized with injuries on Thursday after their bus was involved in an accident in western Turkey. (NHK)

Japan’s recent approval and rollout of a new "Replica Vaccine" for COVID-19 has triggered widespread public concern, with some businesses imposing entry bans on vaccinated individuals. The vaccine, which began regular administration in October, has faced backlash due to its ability to "self-replicate" in the body, raising anxiety about its safety.

Japan's Nuclear Regulation Authority has granted approval for Kansai Electric Power Company's Takahama Reactor No. 1 to operate for over 50 years, marking a first in Japan, reaching its 50th anniversary next month.

Japan is grappling with a severe sleep deprivation crisis, with economic losses estimated at 18 trillion yen annually due to reduced productivity, according to a study by the RAND Corporation.

MEDIA CHANNELS
         

MORE Business NEWS

Ajinomoto, the century-old food giant, continues to dominate the market, with annual sales exceeding one trillion yen. Known for its wide range of products, including frozen foods, seasonings, cosmetics, and medical-use amino acids, the company has recently made headlines for its flagship frozen gyoza, which has been a top seller in Japan for two decades.

ANA has revealed its largest automated cargo warehouse at Narita International Airport, set to commence operations next week.

Japan is grappling with a severe sleep deprivation crisis, with economic losses estimated at 18 trillion yen annually due to reduced productivity, according to a study by the RAND Corporation.

BookOff Group Holdings has announced the findings of an investigation into fraudulent activities, including fictitious buybacks, uncovered at stores nationwide. The total loss amounts to Y68 million.

The 90th Paris Motor Show has opened, showcasing a significant presence from Chinese EV manufacturers as the European Union imposes additional tariffs. This year, no major Japanese manufacturers participated.

A ranking of business terms that are often misunderstood by younger employees has sparked discussion. Are you using phrases that might not be understood by the younger generation without even realizing it?

Japan Post has revealed that approximately 1.55 million customers' data from their postal savings accounts were improperly used for sales of insurance products by Japan Post Insurance without obtaining consent.

U-NEXT Holdings announced its consolidated financial results for the year ending August 2024 on October 10th, reporting a sales increase of approximately 18% to 326.7 billion yen, while net profit rose by about 40% to 15.3 billion yen, marking strong gains in both revenue and profit.