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China's economic growth could boost Japan: CASS research

2011-06-01 00:00:00

China's economic growth and increasing domestic demand are stimulating imports from Japan, a factor that may help boost Japan's economic recovery, according to research from the Chinese Academy of Social Sciences (CASS).


"Following the disaster(earthquake), trade relations between Japan and China will be further strengthened. There will be more opportunities for trade between the two countries," Zhou Shijian, a senior trade expert from Tsinghua University in Beijing, told Wednesday's China Daily.


The research suggests that overseas demand will be one of the strongest drivers of Japan's economic recovery. China is the country's biggest trading partner and the largest export destination.


At present, China runs a trade deficit with Japan, but that may change during the coming months, because the island nation is likely to need more Chinese goods to aid post-disaster reconstruction, analysts said.


Zhang Xiaoji, senior researcher at the Development Research Center of the State Council, said China's trade deficit with Japan is not likely to widen in the short term.
(Source:http://news.xinhuanet.com)