On June 17, the Japanese Chamber of Commerce and Industry in China (CJCCI) released the 2015 White Paper on China’s Economy and Japanese Companies in Beijing. It indicated that, most of the Japanese companies will not withdraw from the Chinese market; instead, they are trying to change their business strategies to adapt to the Chinese market.

 

To promote the dialogues with the central and local governments of China, the CJCCI began to make and publish the White Paper in 2010. The White Paper this year was made based on the feedback of 8,874 Japanese enterprises the CJCCI members to the surveys. It consists of 27 chapters, including 478 articles.

 

As the sixth White Paper of the CJCCI, the 2015 White Paper features the added common suggestions on making direct investment in China for different industries and suggestions on measures for creating an environment for fair competition.

 

Kazuaki Tanaka, chairman of the CJCCI, said that the suggestions under the White Paper this year can be summarized into three points, namely, improving the modern market system, transforming the government functions and establishing new opening-up economic system, which keep in line with the direction to deepen the reform under the Report on the Work of the Government (2015) of China.

 

Source: excerpts from www.comnews.cn, June 26, 2015