Author(s)

Chengwen Kang ¹, Zhenzhen Niu ¹

Affiliation(s)

¹ School of Economics, Harbin University of Commerce, Harbin, Heilongjiang, China

Corresponding Author

Chengwen Kang

ABSTRACT

The New Crown Pneumonia epidemic has swept the world, hitting economies in varying degrees, and the US counter-globalisation forces have made a comeback, hampering China's economic development. In this new situation, the Japanese economy was hit hard by the epidemic, but bilateral trade between China and Japan grew against the trend. Based on this, by describing the current situation of Sino-Japanese trade in terms of its scale, trade balance, the proportion of China's exports to Japan to Japan's imports and trade integration, and systematically analysing the main influencing factors of Sino-Japanese trade cooperation, we then propose countermeasures to promote the development of Sino-Japanese bilateral trade. Namely, accelerating the negotiation of the FTA between China, Japan and Korea, enhancing political mutual trust as well as increasing investment in scientific research and enhancing the international competitiveness of export products.

KEYWORDS

China-Japan, Influencing Factors, Bilateral Trade

CITE THIS PAPER

Chengwen Kang, Zhenzhen Niu, Study on the Factors Affecting Sino-Japanese Bilateral Trade under the New Situation and Countermeasures. Financial Engineering and Risk Management (2023) Vol. 6: 72-79. DOI: http://dx.doi.org/10.23977/ferm.2023.060410.

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