Beijing and Tokyo reset their troubled bilateral relationship on Friday as Shinzo Abe concluded a range of agreements on his first official visit to the Chinese capital since becoming Japanese prime minister for a second time in 2012.
The agreements — ranging from a three-year, $30bn credit swap agreement between the two countries’ central banks to co-operation on overseas development projects — are the most substantive reached between the world’s second and third-largest economies since 2011.
Mr Abe hailed the agreements as the start of a “historic turning point”. Li Keqiang, who in May made his first visit to Japan since becoming premier in 2013, said China was willing to “return to a normal track” with Japan. He also urged Mr Abe to help Beijing “safeguard” global trade and economic growth and said China would not devalue its currency to boost exports.