During the last decade China has boosted its international recognition as an emerging economic powerhouse. Deeply integrated into the global economy, China has risen to become an international power second only to the United States, and it is often regarded the eras of the US-China G2 has come. China has been pursuing bilateral and regional trade agreements with neighboring countries such as FTAs within ASEAN, along with its WTO entry in 2001 and globalization of the Chinese currency Yuan. Under the circumstance Japan’s international economic position has weakened in proportion to the increasing level of dependence on Chinese economy. Both Japanese public and private sectors recognize that economic cooperation with China has become one of the most important international agendas. This paper is aimed at introducing the structure of Japan-China trading system and analyzing Japan’s government policy along with corporations’ management strategies on Chinese market, providing a broad picture of growing economic ties between the two countries. This paper also derives several policy implications from the Japanese experiences on how Korea should build and implement its economic cooperation schemes with China.
Chapter two exhibits the rising of China in the global economy. We use indices such as GDP, trade volume, and foreign exchange reserves to review China’s burgeoning economy in detail. We also analyze China’s growing prominence in the world by taking a closer look into the globalization of the Chinese currency Yuan, bilateral FTA negotiations between East Asian countries, and regional financial cooperation in East Asia with the emergence of a new global financial governance system.
In chapter three, the structure of Japan-China trading system is analyzed in terms of trading items, process stages, and domestic market shares in China using indices such as Revealed Comparative Advantage Index, Trade Specification Index (TSI), and Marginal Intra-Industry Trade Index (MIIT). According to the study, it is clear that the Japan-China trading system has developed competitive yet complimentary interregional relations. Even the very competitive industries between Japan and China maintain their parts and materials sectors mutually beneficial cooperative relationships.
In chapter four, three points are examined in the perspective of Japanese firms’ business management activities in the Chinese market. First, we analyze investment strategies classified by period, industry, and region. Second, we conduct business performance assessment. Increasing sales and net profit figures shows that the business strategies of the Japanese firms are paying off in China. Finally, we analyze how Japanese firms handle China risk. Japanese firms intend to include East Asia as a whole on their standard of prospective investment area to reduce country risk via diversification while focusing on the Chinese market at the same time.
Chapter five discusses the economic cooperation policies of the Japanese government in specific areas. We look into policy evaluation and prospect in two sectors; Energy Efficiency and Environmental Industry, and Monetary and Financial Market.
Some implications for the Korean government and manufacturing firms are drawn from the paper in the above analysis. First, the Korean government needs to work out effective ways of carrying forward FTA negotiations with East Asian community. Under the circumstances of both Chinese and Japanese governments attempting to take the initiative in East Asian community, it is necessary for the Korean government to take into account the ongoing Korea-China bilateral FTA negotiations, the resumption of Korea-Japan FTA negotiations, the launch of joint Korea-China-Japan FTA, and RCEP all together.
Second, we could obtain from the Japanese experiences that the Korean government should come up with the corresponding strategy with the increasing level of Korea’s dependence on Chinese economy. We suggest four options; follow the changes in consumption patterns and demand prediction on Chinese domestic market; pay close attention to the new emerging markets in Asia to diversify export regions other than China; facilitate trade flows of parts and materials manufacturing sectors by reinforcing our industrial competitiveness; foster the business cooperation with the Chinese counterparts.
Third, in order to boost Korean firms’ investments in China, the Korean government needs to be alert to the changes in Chinese foreign investment policy. The Korean government should continuously provide updated information on Chinese government policy to Korean firms while discovering cooperation fields with China to pursue mutual advantages.
Finally, the Korean government needs to take support measures to certain domestic companies armed with high technological prowess but lack of overseas expansion strategy. In this respect, the government should further actively engage in the partnership and cooperation methods by inviting China experts on training sessions, conducting Korean experts’ seminars across China, holding private and public joint forums, and creating a fund development plan if necessary.

 서언 

국문요약 

제1장 서 론 
1. 연구 목적 
2. 연구 범위 및 구성 
3. 선행연구 검토 및 본 연구의 특징 

제2장 중국의 G2 부상과 일ㆍ중 경제관계의 변화 
1. 머리말 
2. 중국의 경제성장과 국제적 지위 격상 
   가. 중국경제의 급성장 
   나. 중국의 국제적 위상 격상 
3. 동아시아 지역을 둘러싼 일ㆍ중 간 경쟁과 협력 
   가. 동아시아 지역의 FTA 추진을 둘러싼 일ㆍ중 간 경쟁과 협력 
   나. 동아시아 금융협력 분야에서의 일ㆍ중 간 경쟁과 협력 
4. 일ㆍ중 경제관계의 변화 
   가. 일ㆍ중 양국간 무역의존도 역전 
   나. 중국에 대한 중간재 공급기지로서 일본의 지위 약화 
   다. 대중(對中) 직접투자에서 일본의 비중 저하 
   라. 일ㆍ중 무역마찰 
5. 소결 

제3장 일본의 대중 무역구조 변화 
1. 머리말 
2. 일본의 대중 무역관계 변화 
   가. 일ㆍ중 무역관계의 전개 과정 
   나. 일본의 대중 무역의존도 심화 
   다. 품목별 무역구조 변화 
   라. 가공단계별 무역구조 변화 
   마. 일본의 중국 내수시장 진출 현황 
3. 일ㆍ중 간 산업별 경쟁력 분석 
   가. 현시비교우위지수 분석 
   나. 무역특화지수 분석 
4. 일ㆍ중 간 산업별 분업관계 분석 
   가. 분석방법 
   나. 분석결과 
5. 소결 

제4장 일본의 대중 투자 현황과 전략 
1. 머리말 
2. 일본의 대중 직접투자 실태 분석 
   가. 시기별ㆍ업종별ㆍ지역별 대중 투자 현황 
   나. 대중 투자 일본기업의 경영성과 분석 
3. 일본기업의 대중 투자 전략 
   가. 대중 투자의 위험 및 기회 요인 
   나. 중국리스크(China Risk) 대응전략 
   다. 일본기업의 대중 투자 기회요인 활용전략: 차세대자동차 분야를 중심으로 
4. 소결 

제5장 일본정부의 대중 경제협력 
1. 머리말 
2. 일본정부의 대중 경제협력 기조 
   가. 일ㆍ중 수교 이후 일ㆍ중 경제협력 
   나. 중국의 WTO 가입과 일ㆍ중 경제협력 기조의 전환 
   다. 글로벌 금융위기 이후 일ㆍ중 경제협력 
3. 일본의 대중 에너지절약ㆍ환경 협력 현황 
   가. 일ㆍ중 간 에너지절약ㆍ환경 협력의 필요성 
   나. 일본정부의 에너지절약ㆍ환경협력 지원체계 
   다. 주요 분야별 협력 현황 
4. 일ㆍ중 금융협력 
   가. 일본의 중국국채 매입 개시와 중국의 일본국채 매입 확대 
   나. 엔화ㆍ위안화의 직접교환 
5. 소결 

제6장 결 론 
1. 요약 
   가. 중국의 G2 부상과 일ㆍ중 경제관계 
   나. 일ㆍ중 무역구조의 변화 
   다. 일본의 대중 투자 현황과 전략 
   라. 일본정부의 대중 경제협력 
2. 시사점 
   가. 동아시아 경제통합을 둘러싼 일ㆍ중 경쟁 분야 
   나. 일ㆍ중 무역구조 분야 
   다. 일본의 대중 투자 분야 
   라. 일본정부의 대중 경제협력 분야 

참고문헌 

Executive Summary