The World Economic Trend Report released by the Cabinet of Japan shows that Chinese items imported in Japan are much higher than imported from the United States and Germany.The report warned that excessive reliance on China's risk of economic activities.It is understood that the Kishida Government intends to use this report as a proof of its "eliminating Sinicization" in order to launch its "economic security" policy and rebuild the product supply chain.
The world economic trend released by Japan on Friday analyzes the trade structure of major countries and China.Japan Economic News reported that the report compared the import structures of Japan, the United States and Germany, which rely on "Made in China".In 2019, the proportion of Chinese manufacturing in Japan was 23.3%.This data is higher than 18.1%in the United States and 8.5%in Germany.
Compared with the quantity, this survey highlights the proportion of "Made in China".There are 1,50 % of the "Made in China" products imported from Japan. In the United States, this number is 590 and Germany is 250.
Nikkei pointed out that it depends on the "world factory" China, but the dependence of Germany is not as high as Japan.This is because the two countries also rely on other countries to supply important materials.For example, the United States also relies on Canadian and Mexican products; Germany is imported from European countries.
Japan imported 23.3%of products from China, which is much higher than its second largest trading country in the United States (6%) and South Korea (4%).
Many of the products imported from China are technology products, including mobile phones, laptops, and light -emitting diodes (LEDs).The report also pointed out that Chinese technology products imported from Japan accounted for a lot higher than 10 years ago.For example, 85.7%of mobile phones imported in 2019 were made in China, 69.1%10 years ago.Notebook computers and tablets account for 98.8%.
The quoting statistics of the Japanese Cabinet emphasized, "If China delayed imports due to some reasons, such as the stagnation of transportation, Japan's economic activities will be affected to some extent."Made in China is more inclined to finished products, not metal and chemical industrial products for manufacturing raw materials.
Passing that Japan's "economic security" policy avoids too much dependence on a single country
If the mask is insufficient, we have deeper reflection on the negative impact of dependence on Chinese manufacturing.Earlier, it also launched the "China Plus One" policy, mainly because of China's labor costs increased, and must purchase some labor collection products from other countries.For example, both Vietnam and Indonesia and other Southeast Asian countries have become ships replaced by China.Data show that in 2009, 90 % of Japanese shoes were from China, but it fell to 60 % in 2019.
Sources said that the Japanese government intends to submit a "economic security" promotion bill to Congress to rebuild the supply chain to avoid the risks of overly relying on a single country.In addition, the Japanese authorities will also promote the domestic semiconductor manufacturing industry from the perspective of economic security and form a multinational supply network with the United States and European countries.
