Japan & APEC Member Economies

CHINA

People's Republic of China

Zhonghua Renmin Gongheguo



GENERAL

Area:
9,597,000 km2.

Population:
1,198,500,000 (1994).

Capital:
Beijing.

Ethnic composition:
Han Chinese (92%); 55 minority groups.

Major languages:
Mandarin Chinese.

Major religions:
Buddhism, Islam, Christianity.

History:
Following the overthrow of the Ch'ng (Manchu) dynasty in 1911, the Republic of China was established in 1912. The Chinese Communist Party was formed in 1921. After two civil wars between communist and nationalist forces, the People's Republic of China was created on October 1, 1949.

GOVERNMENT

Type:
Republic.

Head of state:
President: Jiang Zemin.

Legislature:
National People's Congress.

Executive:
Li Peng is premier. The foreign minister is Qian Qichen, and the general secretary of the Chinese Communist Party is Jiang Zemin.

Domestic politics:
China has made modernization through economic construction its first priority, and it is pursuing reform and open-door policies. It aims to increase industrial and agricultural output to four times the 1980 level by 1997 and to quadruple production again by the middle of the 21st century.

Foreign policy:
China has made peaceful coexistence the cornerstone of its relations with other countries. Opposing the hegemony of any single country, it is devoted to preserving world peace. It seeks to strengthen ties of cooperation and solidarity with the third world using an autonomous and peaceful foreign policy.

Military:
Defense budget, 63.1 billion yuan (fiscal 1995) (1.3% of GNP in fiscal 1994). Regular armed forces consist of 2.2 million members of the army, 260,000 members of the navy (which has a total displacement of 980,000 tons), and 470,000 members of the air force (which has about 4,970 fighters). Male and female members may be conscripted; they serve three years in the army or four years in the navy or air force.

ECONOMY

Major industries:
Agriculture, energy, steel, textiles, foods.

GDP:
$503.4 billion (1994).

Per capita GNP:
$490 (1993).

Real growth rate:
11.8% (GDP, 1994).

Inflation:
21.7% (1994).

Unemployment:
2.9% (Dec. 1994).

Trade: Exports:
$91.8 billion; imports: $104.0 billion (1993).

Principal items traded:
Exports: textiles, machinery, electric products, oil and oil products, textile materials; imports: industrial machinery, steel, automobiles, communications equipment.

Principal trading partners:
Exports: Hong Kong, United States, Japan, European Union; imports: Japan, Chinese Taipei, European Union, United States.

Currency:
RMB. 1 yuan=12 yen (approximate).

Economic conditions:
China in 1994 registered economic growth of 11.8% (3.5% in agriculture, 18% in industry), but prices were rising rapidly.

ECONOMIC COOPERATION

Japan's aid: Loans:
1,539.4 billion yen; grants: 95.7 billion yen; technical cooperation: 71.5 billion yen (cumulative ODA total through fiscal 1994).

Principal donors:
Japan, Italy, Germany, Spain, France.

BILATERAL RELATIONS

Political:
Japan and China have friendly relations. They have agreed on building a mature, future-oriented relationship that will contribute to the world. Japan is rendering support to China's reform and open-door policies.

Trade:
Exports to Japan: $27,566 million, featuring textiles, foods, oil; imports from Japan: $18,682 million, featuring machinery and equipment, steel (1994).

Investment:
Cumulative Japanese direct investment in China through fiscal 1994 came to $8,729 million.

Cultural:
Subsequent to the conclusion of a 1979 bilateral agreement on promoting cultural exchange, Japan and China have been engaging in exchange in all areas of activity at both public and private levels.

Japanese residing in China:
13,675 (Oct. 1994).

Chinese residing in Japan:
218,585, including overseas Chinese living in Japan (Dec. 1994, Justice Ministry data).

Visits by eminent persons:
Japan to China: Prime Minister Kakuei Tanaka (1972), Prime Minister Masayoshi Ohira (1979), Prime Minister Zenko Suzuki (1982), Prime Minister Yasuhiro Nakasone (1984, 1986), Prime Minister Noboru Takeshita (1988), Prime Minister Toshiki Kaifu (1991), Emperor Akihito and Empress Michiko (1992), Prime Minister Morihiro Hosokawa (1994), Prime Minister Tomiichi Murayama (1995);
China to Japan: Vice-Premier Deng Xiaoping (1978, 1979), Premier Hua Guofeng (1980, twice), Premier Zhao Ziyang (1982), General Secretary Hu Yaobang (1983), Premier Li Peng (1989), General Secretary Jiang Zemin (1992).

Treaties and agreements:
Trade Agreement Between the Government of Japan and the Government of the People's Republic of China (1974), Air Transport Agreement Between Japan and the People's Republic of China (1974), Shipping Agreement Between the Government of Japan and the Government of the People's Republic of China (1975), Agreement on Fisheries Between Japan and the People's Republic of China (1975), Treaty of Peace and Friendship Between Japan and the People's Republic of China (1978), Agreement Between Japan and the People's Republic of China Concerning the Protection of Trademarks (1978), Agreement Between the Government of Japan and the Government of the People's Republic of China Concerning the Promotion of Cultural Exchange (1979), Japan-China Agreement on Cooperation in the Field of Science and Technology (1980), China-Japan Agreement for the Protection of Migratory Birds (1981), Agreement Between the Government of Japan and the Government of the People's Republic of China for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (1983), Agreement Between the Government of Japan and the Government of the People's Republic of China for Cooperation in the Peaceful Uses of Nuclear Energy (1985), Agreement Between Japan and the People's Republic of China Concerning the Encouragement and Reciprocal Protection of Investment (1989), Japan-China Agreement on Cooperation in the Field of Environmental Protection (1994).

(September 1995)


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