According to Teikoku Databank, 10,118 Japanese companies were operating businesses in China as of June this year, the lowest level since 2010. The number that had withdrawn or could no longer continue operations stood at 4,137.
As of June this year, 10,118 Japanese companies were operating businesses in China, the lowest level since 2010. Meanwhile, 1,221 Japanese companies had newly entered the Chinese market, below the figure in the previous survey. In contrast, 4,137 companies had withdrawn or could no longer be confirmed as continuing their businesses.
The number of Japanese companies operating businesses in China peaked at 14,394 in 2012. It is now down approximately 30% from that level, including a 22% decline over the past 2 years. Worsening Japan-China relations have been cited as one cause.
The article carried comments from China's Ministry of Commerce and highlighted the importance of stable Japan-China economic relations, while conveying calls to maintain an environment of market opening and rule of law between Japan and China.
Comments from Chinese internet users included views that Japanese companies turning away from China was “probably a normal phenomenon.” Attention is focused on future developments.)