Japanese Prime Minister Shinzo Abe (R front) meets with Chinese State Councilor and Foreign Minister Wang Yi (L front) in Tokyo, Japan, April 16, 2018. [Photo/Xinhua] TOKYO - Japanese Prime Minister Shinzo Abe and Chinese State Councilor and Foreign Minister Wang Yi on Monday agreed that both sides should work together to further improve bilateral ties and expand cooperation. Wang said that China and Japan are important neighbors and bilateral relationship has gone through some twists and turns in recent years, which affected communication and cooperation of the two sides in various areas. He said China attaches importance to the positive messages sent by Abe on improving bilateral relationship on a number of occasions since last year, and it is hoped that with joint efforts of both sides, his visit could become an important step for bilateral relationship to return to normal track. Wang said that the momentum of improvement in bilateral ties did not come by easily and should be cherished, and with a better and more stable relationship, the two sides could have closer exchanges and extended cooperation, which would be in the interests of people in both countries as well as the region. Therefore, the two sides should strictly abide by the principles established in the four important political documents between them, properly handle the sensitive issues related to the political foundation of bilateral relationship, fully implement the consensus of treating each other as a cooperative partner instead of a threat and make it a consensus of all circles of the Japanese society, Wang added. The two sides should tap potential driving forces so as to upgrade the bilateral trade and economic cooperation to a new level, Wang said. He also said that China attaches importance to the positive remarks made by Abe on the Belt and Road Initiative, and Japan joining the Belt and Road construction will open up new space for bilateral economic cooperation, and China is willing to discuss with Japan the proper and concrete ways for it to participate in the initiative. The two sides should enhance communication and coordination to oppose trade protectionism, safeguard the global free trade system centered on the World Trade Organization (WTO), and help create an open world economy, Wang said. Abe, for his part, said that Japan attaches high importance to its relationship with China. It is willing to take the opportunity of the 40th anniversary of the signing of the Japan-China Treaty of Peace and Friendship to promote comprehensive improvement of bilateral ties, to realize high-level exchanges, and to expand cooperation under the framework of strategic relationship of mutual benefit. Japan paid great attention to the new measures for expanding China's opening up announced by Chinese President Xi Jinping at the opening ceremony of the Boao Forum for Asia annual conference and believes that they will help promote bilateral economic relationship, he said. Abe said that he eagerly expects and welcomes Chinese Premier Li Keqiang to visit Japan and to attend the trilateral leaders' summit between Japan, China and South Korea, and expects that the Belt and Road construction could help the recovery and development of regional economy. Like China, Japan also attaches importance to the WTO rules and maintains that trade issues should be handled based on those rules, he added. The two sides also exchanged views on regional issues such as the Korean Peninsula situation. Wang is on a three-day visit to Japan starting Sunday. During his visit, he co-chaired the fourth high-level economic dialogue between China and Japan with Japanese Foreign Minister Taro Kono. He met with Japan's Chief Cabinet Secretary Yoshihide Suga and held a meeting with Kono. He also met with Toshihiro Nikai, secretary-general of Japan's ruling Liberal Democratic Party, and leaders of seven Japan-China friendship organizations and Keidanran (Japan Business Federation). plain rubber wristbands
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The Canton Tower stands in Guangzhou, Guangdong province, on April 17, 2018. [Photo/VCG] BEIJING - An innovation index has been published to track the performance of companies based in the Guangdong-Hong Kong-Macao Greater Bay Area. The index, which was released by Shenzhen Securities Information Co., Ltd. and the China Center for Information Industry Development Tuesday, is based on 100 stocks covering advanced manufacturing, strategic emerging industries, modern services and maritime economy. The innovation index, including shares of industry giants such as Tencent, Ping An, Gree and Midea, is the flagship of a series of indexes for the Greater Bay Area to be developed by the two parties. It contains 38 information technology enterprises that account for over 25 percent of weighting. A composite index for the area was also launched at the same event Tuesday. All the indexes are based on equities listed at the Shenzhen, Shanghai and Hong Kong exchanges that are eligible for the Stock Connect programs. The Stock Connect are securities trading and clearing arrangements that link China's mainland stock exchanges to that of Hong Kong. The programs allow mainland investors to trade and settle shares in the Hong Kong market via their local exchanges, and vice-versa. The Greater Bay Area has a highly developed capital market. By the end of March, it had more than 750 companies that were listed on Chinese mainland and eligible under the Stock Connect programs with a total market capitalization of nearly 27 trillion yuan (about $4 trillion). The index series would play an important role in developing the area into an international science and innovation center and enhancing the financial sector's service to the real economy, said an official with the Shenzhen Stock Exchange.
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