Japanese companies operating in China are urging Beijing to clear up confusion over a string of new regulations that are creating uncertainty and making it more difficult for them to do business in the country.
They are also calling for the Chinese government to speed up the normalization of travel between the two countries as their economies recover from the Covid-19 pandemic, and to promote a fair and transparent market environment for foreign firms. They also want to see more areas of the economy opened up to overseas companies and for administrative rules to be streamlined.
The recommendations are listed in the annual white paper of the Japanese Chamber of Commerce and Industry in China which represents some 8,560 Japanese companies. The report, released in Beijing on Wednesday, contains a total of 56 proposals covering a range of industries and regions across the country based on suggestions from members doing business in China. More Japanese companies plan to expand in China, despite difficulties created by trade tensions between China and the US.
However, among the surveyed Japanese enterprises in China, 90.4 percent held a positive attitude on plans to further expand the scale of local procurement in the next one to three years.
This figure was the highest in the entire Asia-Pacific region, well above the regional average of 74.8 percent.
