Japan, China agree on tie-up in service sector

China and Japan agree to set up hotline to prevent military clashes

China and Japan agree to set up hotline to prevent military clashes

The Japanese attendees briefly reviewed the history of the signing of the Japan-China Treaty of Peace and Friendship, voicing full agreement with Premier Li's remarks.

The meeting held on the sidelines of the trilateral summit was also attended by Korean President Moon Jae-in, Japanese Prime Minister Shinzo Abe and Chinese Premier Li Keqiang.

But signs of warming ties emerged late previous year, when Abe attended a celebration marking China's National Day at its embassy in Tokyo, and expressed interest in joining Beijing's "Belt and Road Initiative" spanning Asia, Europe and Africa.

Seko said, "Advancing economic ties is a cornerstone of the Japan-China relationship".

The importance of bolstering economic interaction between the three countries was also underscored by South Korean President Moon Jae-in who stressed that such a collaboration would contribute substantially to improving the living standards of people in Japan, China and South Korea.

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Details of the highly anticipated meeting between the two heads of state were announced by Mr Trump on Twitter . They agreed to pursue "complete denuclearization" and a peace treaty to formally end the 1950-53 Korean War.

The South Korean government will decide on its participation in the Trans-Pacific Partnership (TPP) within this year, Minister of Trade, Industry and Energy Paik Un-gyu was quoted as saying on May 9 by Japanese newspapers.

China and Japan vowed to reset bilateral ties and agreed to set up a hotline to prevent military clashes at sea and in the air, as well as cooperate on infrastructure projects during top-level talks on Wednesday.

They also voiced willingness to work with the Chinese side, taking the 40th anniversary of the signing of the treaty as an opportunity, to promote bilateral friendly cooperation.

The two sides are also expected to jointly explore business cooperation deals in third countries. He said he looks forward to more of such high-level visits between the two neighbors.

For his part, Yohei Kono, former speaker of the Japanese House of Representatives, said he was amazed by the popularity of new services like bike-sharing, mobile payment and Internet-based delivery during his recent visit to China.

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