Russia “Expert”: The Japanese economy changes “the Chinese route”

New China net news: Russian “Expert” on December 14 an issue published signature Vyacheslav an earthen mound Rove’s article, the topic was “Japan Economy”. The article main point is as follows:

Japan the GDP prior quarter grows 1.2% in the third quarter of this year, the reduced annual rate increased range is 4.8%. This is in the recent 20 years one of best targets, even if this kind of growth is unable to make up Japanese GDP in the world crisis process sudden deflation. By the end of the year, Japanese GDP will drop at least 5.4%. In the first quarter of this year GDP drops 14.2% according to the annual rate computation, the general economy dropped to 2003 the level.

The Japan business production changes China in abundance

If before 1990, the Japanese Enterprise’s investment returns ratio has surpassed American and Europe’s similar target, then in the recent 20 years fell behind them. In the early 1990s the investment of US-Japan industry sector was approximately same, but the growth of American labor productivity has surpassed Japan. At present investment cost in Japan are more than US one-third, but the labor productivity still fell behind the US nearly 20%. Compares with other developed countries, situation also approximately so.

The domestically produced returns ratio and efficiency drop causes the Japanese producers more and more much the production to the overseas shift, but China becomes the first choice goal. Had over ten thousand Japanese enterprises to establish the company in China . Moreover the Japanese also more and more arranges the entire production process in China, stays in Japan domestic frequently is topmost story’s several leader department and finance department.

From 2005, Japan actual invested to China grows every year 15%-20%, had several million many in the Chinese Japanese investment Enterprise work’s Chinese. Moreover, this is in entire Japanese foreign investment tends under from this century first ten years second half times the drop background.

In addition, Japan throws the capital to have the conservative nature outward more and more, in fact all heads of undertaking and engineering technology department by the Japanese human-controlled system, but the product still located in a bigger regulation in the Japanese market (China exports 60% to Japan is Japanese investment enterprise manufacture product).

Presently Japan is changing China’s route, although is passing through Jinan Fang Mian, China also falls behind temporarily Japan, but it has a huger internal market, has bigger political component in the international scene. Japan the dependence is getting bigger and bigger to China, rapid fast increases both countries trade easy and mutual financial capital seepage and production association do enhancement can prove bright this point.

The bilateral trade is bigger to the Japan significance

Japanese and Chinese trade’s characteristic lies, this trade easy to be getting bigger and bigger to Japan’s significance, to China is actually only one kind of balanced trade Yi Huodong, Japan in its status is important, but by no means first. In Japan volume of trade volume in 2008 has been over 200 billion US dollars, has surpassed the Japanese and US volume of trade volume. And but, China exports to surpass the US to Japan to export 50 billion US dollars to Japan. According to some economist teachers forecast that in 2010 China will become Japan’s top-quality trade easy partner, including exporting and importing two Fang Mian.

In 2009 speaking of the global trade is not relaxed one year, the annual volume of trade will reduce at least 9%. The Japanese and Chinese trade is also doomed, only the first 10 months reduce 20% many. Although this range of fall is very remarkable, but still compared to Japanese and US volume of trade range of fall few half. October’s material also confirmed this point: Japan exports to reduce 14% to China, exports to reduce 28% to US.

In 2009 the Japanese trade structure itself also had the change. With exporting the third country related product reduction, but flows to the Japanese and Chinese domestic market’s commodity proportion to increase. This is because the stimulation domestic demand plan of both countries has had the function, finally China imports other domestic electric appliances and fitting and consumables increased, Japan imports from China with the automobile and domestic electric appliances related commodity also similarly increases. But Japan the equipment which provides for Chinese export model processing industry, for example the textile equipment actually drastically reduces.

The merger and acquisition intensifies Japan to rely on to China

The Chinese state-owned and private enterprise purchased the Japanese Corporation’s behavior also to further intensify Japan to China the dependence. What by first purchase is suffers meets asks the topic after Jinan the technology. This policy was some time ago started, mainly because of Beijing was discontented with Japan in the Chinese Enterprise’s production organization side type. The opinion mainly has following several Fang Mian: Japanese Corporation throws capital China infrastructure the enthusiasm not to be high, makes the promotion effect which the enterprise development gets up to be limited to the Chinese association, as well as obtains the production technology obstacle to the Chinese special family, because leadership and engineering technology department still mainly by the Japanese human-controlled system.

In addition, many Japanese Enterprises, are facing the fund serious deficient problem including the technical most advanced enterprise, in 2009 this question will be especially prominent. Therefore, China has had the remarkable effect to the Japanese not great investment on the other hand. In recent years China was speeding up to Japan actual investment step, although has the global crisis, this year the amount was still continue grow. (Edition: Tao Zhipeng)

(This article originates: New China net)