Business leaders from Japan and China began a two-day meeting Thursday in Osaka to discuss bilateral and Asian economic issues.

The gathering is expected to address issues such as China's prospects as a promising market and trade strategy for all of East Asia, conference officials said.

Participants include Li Dong Sheng Thomas, chairman of TCL International Holdings Ltd. of China, and Yoshihide Munekuni, chairman of the Japan Automobile Manufacturers Association.

Li said companies in both countries can complement each other in areas such as production, adding that his group wants to strengthen its ties with small and midsize Japanese firms, the officials said.