Toyota Motor Corp, Asia's largest automaker, reported a 44 percent year-on-year decline in deliveries in China in October, while Nissan Motor Co lowered its whole year profit forecast by 20 percent.

Japan's declining exports to China, including motor vehicles and key auto parts, will have little impact on China's industrial upgrading progress given Japan's curbs on exports of high-tech products, said Jin.

Tension over the Diaoyu Islands has not only hit bilateral trade but also dented Japanese investment in China.

October saw Japanese investment in China slump 32.4 percent year-on-year, while it rose 10.9 percent year-on-year in the first 10 months, according to China's Ministry of Commerce.

Jin said the slump was mainly due to security concerns over anti-Japan protests, and the boycott of Japanese brands.

lijiabao@chinadaily.com.cn

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