Manufacturing facilities to move from areas hit by quake, tsunami

BEIJING - Japanese investment in China is set to surge as it transfers manufacturing bases from areas damaged by the March earthquake and tsunami, boosting China's foreign direct investment (FDI), the Ministry of Commerce said on Wednesday.

To aid Japan's economic recovery, China plans to "send trade and investment delegations to the country in the coming months, and increase imports from Japan", Yao Jian, ministry spokesperson, said.