Recently, the yen has been falling against the US dollar to a 34-year low, which has had a lasting impact on Japan's domestic economy and diplomacy. For a while, many people were discussing how to take advantage of this opportunity to "take advantage of the Japanese". However, there are always two sides to the story, and the economic benefits of wool harvesting may also have a certain long-term impact. As Chinese tourists, should we pursue a single short-term benefit, or should we consider a broader national perspective?
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1. The deep reasons behind the depreciation of the yen
The continued decline of the yen is a long-term systemic problem. In recent years, Japan has faced the prospect of a recession for a long time, and based on economic theory, currency depreciation is conducive to economic recovery, but Japan has not done so. The Federal Reserve's recent interest rate hikes have also caused volatility in global financial markets. Compared with other countries, Japan's failure to adjust in a timely manner, coupled with the decline in the birth rate itself, the sharp decline in the working population, and the lack of real domestic demand, are the fundamental reasons for the depreciation of the yen.
2. Short-term benefits and long-term impacts
The depreciation of the yen has boosted Japan's tourism and exports to a certain extent, but if it fluctuates too much, it will increase social instability and make it easier to cause inflation. For Chinese tourists, they can enjoy low-cost shopping in the short term, but they must beware of the name of "wool picking" being too publicized, which will affect the long-term exchanges between the people of the two countries. As an important neighbor, China should consider Japan's long-term economic development and promote regional cooperation and global economic stability.
3. How can Chinese tourists promote friendly exchanges while enjoying the cheapness?
Priority is given to tourism programs that support local small and medium-sized enterprises, such as visiting cultural attractions, experiencing handicrafts, and supporting local specialties, which contribute to the promotion of equitable economic development.
Avoid shopping alone, visit the attractions in a group, learn about Japanese culture, experience the lifestyle, and be more impressed than glorious shopping.
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The visitor center implements queue management to avoid inconvenience to residents due to congestion, while raising awareness of safety and compliance with local laws.
Leave friendly and interactive travelogues and word-of-mouth on the Internet, promote the spirit of friendly exchanges between China and Japan, and avoid misleading the public's views with the word "wool".
Fourth, take advantage of the opportunities of China-Japan cooperation
The depreciation of the yen also brings opportunities for Sino-Japanese economic cooperation:
1. Chinese enterprises can increase investment in Japan and introduce the core technology of Japanese enterprises to help industrial upgrading.
2. Support Japanese companies to increase exports and attract more high-end production capacity transfers, including electronic information and advanced manufacturing.
3. Jointly create two-way tourism, and at the same time strengthen youth exchange programs to promote people-to-people exchanges.
4. Negotiate trade and investment agreements, lower non-tariff barriers, and promote small and medium-sized enterprises to "go global".
5. Strengthen the construction of joint production capacity bases in third countries, such as Southeast Asian countries, and promote regional economic integration.
The above long-term plan is conducive to elevating China-Japan relations to a new level and is more in line with the long-term interests of the two countries.
In short, the depreciation of the yen has brought short-term opportunities for Chinese tourists to shop cheaply, but we should seize the opportunity to promote in-depth exchanges and mutual assistance and cooperation with Japan at all economic and cultural levels, which will be the way to truly promote Sino-Japanese friendship.
What do you think about this matter? Welcome to leave a message in the comment area to discuss.