The second Nantong Japanese-Funded Enterprise Roundtable Conference took place in Nantong on April 22. [Photo/Nantong Daily]

The second Nantong Japanese-Funded Enterprise Roundtable Conference took place in Nantong, Jiangsu province, on April 22, bringing together over 10 Japanese enterprises.

The Nantong municipal bureau of commerce provided a detailed introduction to the latest policies and service measures for Sino-Japanese cooperation in the city. They addressed the investment, taxation, import, and export policies that Japanese enterprises are concerned about, offering policy guidance for developing Japanese-funded enterprises in Nantong.

Members of the Japan Asian Community Culture Cooperation Organization (JACCCO) discussed topics such as industrial coordination, investment demands, and cooperation visions with representatives of Nantong enterprises. Both sides reached preliminary agreements in multiple areas, laying a solid foundation for future cooperation.

Japan is an important economic and trade partner for Nantong. To date, Nantong has attracted nearly 500 Japanese-funded enterprises, including well-known Japanese companies such as Toray, Kawasaki, and Mitsubishi, accounting for 13.1 percent of the foreign-funded enterprises in the city.

Japanese-funded enterprises have invested $5.27 billion in Nantong, accounting for 10 percent of the city's total foreign investment. In 2024, Nantong's foreign trade volume with Japan reached 31.57 billion yuan ($4.33 billion), accounting for around 8 percent of the city's total import and export volume, demonstrating a thriving trend in Sino-Japanese economic and trade cooperation.