At the first meeting of their finance ministers in over three years, Tokyo and Beijing agreed Saturday to work together where possible to facilitate infrastructure development in Asia.
"It is clear that there is massive demand for infrastructure" projects in Asia, Finance Minister Taro Aso told reporters after the meeting in Beijing, which took place amid a broader thaw in bilateral relations.
Aso and Lou Jiwei, his Chinese counterpart, along with senior officials from Asia's two biggest economies, also discussed issues ranging from the health of the global economy to their tax and fiscal systems.