The three sides should jointly enhance
the regional economic integration. Being
unswerving supporters of the Regional
Comprehensive Economic Partnership
(RCEP), the three countries should carry
out the consensus reached last month in
Bangkok and ensure the signing of a
formal agreement in 2020.
The three
sides should also help promote
negotiations on establishing the
China-Japan-ROK free trade area, and
safeguard multilateralism and free
trade, said Premier Li.
He called for creating new growth
drivers in the modern service industry,
saying that China has a huge and
upgrading market, of which the needs for
elderly care, nursery and healthcare
services are increasing.
CCTV
report the 7th China-Japan-ROK Business
Summit (William
Wu Yitian, Left 2 in 2nd row,
CCTV report)
China is opening up further in the
finance sector. The restrictions on
foreign ownership of securities,
futures, fund and life insurance
companies will be lifted earlier than
previously planned. It will help the
three countries jointly deal with
challenges such as aging problems,
hygiene and healthcare, and financial
stability, as well as help complement
each other's needs and share advantages
with the goal to prosper together,
Premier Li said.
Based on the overall opening-up of
the manufacturing industry, China will
accelerate steps to open the service
industry, enable wholly foreign-funded
enterprises to enter more sectors and
create a fairer, more transparent and
predictable investment environment, the
Premier said.
China is committed to opening-up, and
the door of opening-up will only open
wider, said Premier Li, adding that
China is dedicated to creating a
market-oriented and internationalized
business environment under the rule of
law, and will treat enterprises with all
types of ownership equally, and combat
any intellectual property infringements.
China is willing to tap into
complementary advantages with ROK and
Japan, increase cooperation based on
market laws to gain more common
benefits, he said, adding that China
welcomes enterprises from the two
countries to seize more business
opportunities in China's opening-up,
achieving mutual benefits and win-win
results.
Mr.William WU, has been invited to
the Business Summit
Leaders from ROK and Japan spoke highly
of China's reform and opening-up, saying
that active participation by the two
countries' enterprises in China's
opening-up has brought win-win results.
The three parties should give play to
their complementary advantages, and
jointly face challenges.
They said
that ROK and Japan are willing to
safeguard free trade, lower trade
barriers, and create a fair and
predictable business environment for
enterprises from the three countries.
The three sides should also work
together to complete the signing of RCEP
as soon as possible, and promote
negotiations on the China-Japan-ROK free
trade area.
The two countries' leaders also
called for seizing the opportunities of
the fourth industrial revolution,
conducting innovation and technological
cooperation in the digital economy and
artificial intelligence, linking
development strategies, and achieving
regional peace and prosperity.
The 7th
China-Japan-ROK Business Summit Meeting
About 800 people from business
circles and governments of the three
countries attended the summit.
Mr.William Wu Yitian, from TOKO
Technology(Wuxi) Co.,Ltd, as SMEs
representative has been invited to
participate the business summit. (watch CCTV video report at
here
or
http://www.cctvplus.com/news/20191224/8130845.shtml)