Japan aids China

Some

are aids provided as low-interest or even interest-free loans after the normalization of diplomatic relations between China and Japan

Since 1979, the Chinese Communist Party has received Japan's approximately 224.8 billion yuan in development loans and various forms of technical cooperation and free aid. Special historical reasons and complex national emotions make this huge aid operation unknown to most Chinese people.

In the late 1970s, at the beginning of China's reform, there was a lack of large amounts of funds. At that time, the world still lacked a clear sense of China. At that time, Japan was the first country to support China.

After 1989, the Japanese government was also the first country to resume aid to China. From 1997 to 2001, Japanese yen loans to China entered a peak period, reaching a peak of 214.4 billion yen (approximately 14.2 billion yuan) in 2001.

In line with the pulse of China's economic development, Japan's aid to China over the past 30 years has covered almost every field of China's development from the coast to the inland - from China's early energy, transportation and other infrastructure to from agricultural projects to environmental protection and talent training. So far, there have been more than 200 projects in the country.

In addition to Japanese yen loans, during the 30 years of ups and downs in Sino-Japanese relations, Japan has provided China with a large number of volunteers and experts by sending overseas cooperation teams and elderly volunteers to all over China. culture, education, health, environmental protection and other fields. The two countries, which were once incompatible due to historical issues, have established a platform for exchanges in areas such as poverty alleviation, infectious disease prevention and control, and water resource utilization due to aid.

Thirty years later, the bilateral trade volume between Japan and China reached US$263 billion in 2007, and China surpassed the United States for the first time to become Japan's largest trading partner.

After Japan provided China with its last yen loan in March 2008, Japan’s loans to China are about to end, but Japan’s aid to China will still exist.

In the 1980s, there were many Isuzu trucks on the streets painted with the Kintaro logo and with the slogan "Friendship for generations to come", all of which were provided by Japan to China for free. That car was very solid and could still be seen occasionally until about 2000