Japan to fund B&R projects

Source:Xinhua-Reuters Published: 2017/12/6 21:23:40

The Japanese government plans to cooperate with China on the Belt and Road initiative by financially supporting private-sector partnerships, as Tokyo seeks to improve bilateral relations with China, the Nikkei reported on Wednesday.

Cooperation will center on the environmental sector, industrial modernization and logistics, according to guidelines compiled by the government, the Japanese business daily reported.

Assistance will include loans through government-backed financial institutions to promote cooperation among private Japanese and Chinese companies working on projects in third countries and regions, according to the report.


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