"Globalization without China is not globalization" -- an interview with Yoshiki quanchuan, director of the business department of the Japan Association for the promotion of international trade

2022-08-16

Recently, some western media and institutions have hyped the "decoupling" of western enterprises from China, and even discussed "globalization without China". In response, Yoshiki quanchuan, director of the business department of the Japan Association for the promotion of international trade, said in an interview with Xinhua News Agency a few days ago that China's population accounts for about 18% of the world's total population, and the total foreign trade volume accounts for about one fifth of the world's total. "Globalization without China is not globalization," and "decoupling" from China is completely empty talk. As a trade expert, Yasuki quanchuan believes that the most attractive place for the world is China's huge market, followed by excellent high-end talents. At the same time, China has stable and reliable government and macroeconomic policies. "Taken together, no country in the world can completely replace China." He believed that China has actively promoted the construction of regional economic cooperation platforms such as the regional comprehensive economic partnership agreement (RCEP), committed to promoting global common development, and made contributions to supporting economic globalization. China's opening up is becoming more and more intense, which will provide a fairer competition environment for foreign-funded enterprises. Referring to the long-term economic cooperation and interdependence between Japan and China, Mr. quanchuan said that in the early stage of China's reform and opening up, Japanese enterprises regarded China as a processing and production base and hoped to take advantage of China's cheap labor and preferential policies. At that time, Japanese enterprises invested and set up factories in China, made cheap and good-quality goods in China, and then exported them to developed countries for profit. Now, this situation has changed. Japanese enterprises are optimistic about China's huge domestic market and high-end talents. He pointed out that China's demand for Japan has also changed, from initially absorbing Japan's advanced management mode and funds to focusing on Japan's advanced technology and high-end parts. Although the needs of both sides have changed, the relationship of mutual needs and interdependence has not changed. Mr. Koizumi believed that the reason why some people proposed "decoupling from China" was because a few people misunderstood China under the hype of some western media and politicians. As long as misunderstandings and doubts are clarified, further cooperation can be promoted. (news agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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