Japan Prime Minister Shinzo Abe and Chinese President Xi Jinping
Beijing … News time
Japan Prime Minister Shinzo Abe has met Beijing with Chinese President Xi Jinping. He met at the Diaoyutai State Guest House in the Chinese capital with President Xi Jinping on Friday evening. It is China’s first official visit in any 7 years of any Japanese leader. At the beginning of the meeting Prime Minister Shinzo Abe said that he hoped that this would be the beginning of a new chapter of bilateral relations. This will start cooperation in comparison between Japan and China. Chinese President Xi Jinping said Japan and China have put bilateral relations in a straight direction after many overcrowding. It is believed that Shinzo Abe has told President Xi Jinping that he hopes that through the visits of the leaders of each other, they will be able to end up continuous improvement in bilateral relations. Shinzo Abe believes that he also invited Xi Jinping to attend the Group of 20 Summit in Osaka next year.
Prime Minister Shinzo Abe and Chinese Premier Li Keqiang
On the occasion of the Japan and China Summit, the two countries have decided to work together on joint ventures for the development of infrastructure in many other countries. Approximately 1400 businessmen and government representatives from both the countries participated in the Economic Forum on the Great Public Hall on Friday. Prime Minister Shinzo Abe and Chinese Prime Minister Li Keqiang were also in the forum. Both the countries decided to work together on 52 joint ventures. These projects include urban development in the special economic zones in East Thailand, in the ocean in Europe, air-generated power generation plans include a new fund with investments, banks and financial institutions. China Belt and Road are investing fast in basic infrastructure under the project. Japan intends to strengthen economic ties through China-based joint-ventured projects so that it can be beneficial for other countries.
The central bank of the two countries will be able to exchange Japanese Yen and Chinese Yuan in case of a financial crisis
Japan and China have decided on its summit on Friday that a mutual exchange agreement should be restored after the closure of almost five years. Now it has been decided that around $ 30 billion will be converted. This is 10 times more than the last set limit. Under this agreement, the central bank of the two countries will be able to exchange Japanese Yen and Chinese Yuan in case of any financial crisis. Japanese companies doing business in China will be able to earn money from the People’s Bank of China by means of Bank of Japan.
