The economic and financial cooperation between China and Japan should not be affected by the Diaoyu Islands disputes, experts urged at the ongoing Beijing-Tokyo Forum on Saturday. Instead, the two countries should go back to the very beginning when the two sides normalized bilateral ties.

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Lv Zushan, director of the NPC Economic Financial and Economic Committee said the world's second and third largest economies have been pushing forward the economic stability and common prosperity in the East Asian region.

The GDP of the two countries accounts for 88% of that of East Asia and almost one fifth of the world. The bilateral trade volume has increased 31 times from 1973 to 2012, according to Lv.

Lv called on both countries to deepen the bilateral cooperation in terms of East Asian integration, finance, climate change, natural disaster relief and environment protection.

Fumio Sudo, president of JFE Steel Corp, pledged that Japan would learn from history and persue peace and development to contribute to China-Japan friendship and the common prosperity in the East Asian region. "Credit is the fundamental issue of the world," Sudo cited an ancient Chinese saying.