Japan and China have agreed to launch 47 projects including the creation of a "smart city" as part of cooperation in promoting environment-friendly and power-saving projects in the context of China's increased energy needs.
About 1,000 government officials and business executives from both the countries met in Tokyo on Monday at the seventh annual conference for the promotion of bilateral cooperation for green technology.
It was agreed at the conference that a Japanese firm will co-develop an electric car with a Chinese university as part of promoting green technology.
Addressing the gathering, Japanese Industry Minister Yukio Edano said Japan's environmental technologies could help China conserve energy. Calling for greater cooperation in promoting green technology, he said the partnerships could also spur technological advances.
Zhang Ping, Director of China's National Development and Reform Commission, said his country planned to engage in more discussions with Japan. He said power efficiency and environmental protection were areas for growth in terms of economic cooperation.
Industry Ministry officials are planning to help Japan's environment-related companies enter the Chinese market where demand for eco-friendly technology is high.
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Political News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.