Japanese investment on the up in China despite closures: MOC   

商务部否认在华日企“全面退出”

针对近期有一些日本企业关停在华工厂所引发的日企“全面退出”言论，中国商务部新闻发言人沈丹阳16日予以否认。沈丹阳介绍，2014年日资企业的终止、减资情况比较平稳，终止企业数基本和2013年持平，减资企业数下降了3.2%。“应该说日本企业对华投资是有进有出的，并没有出现日资企业全面退出的情况。” [查看全文]

(ECNS) -- There's no indication of Japanese investment pulling out of China despite a few shutdowns, said Shen Danyang, a spokesman with the Ministry of Commerce (MOC), citing the latest January data at a press conference on Monday.

China saw a 46.9 percent increase in contractual investment and a 3.2 percent rise in actual investment from Japanese corporations.

Recently, a number of Japanese companies, including Panasonic, Toshiba and Citizen, closed their factories in China, resulting in many job losses.

Shen said that this was a normal phenomenon, and that a number of multinational corporations were reorganizing their businesses in the country due to management issues, rising labor and land costs, and slower Chinese economic growth.

The number of factory closures by Japanese enterprises in China during 2014 was the same as the year before, while the number of Japanese companies that reduced their investments in the country fell by 3.2 per cent, it was added.

On the whole, Japanese corporate investment in China remains on the rise, Shen said.