Business leaders from Japan and China have pledged to keep the lines of communication open despite diplomatic friction over the Senkaku Islands and conflicting perceptions of wartime history.

"Relations between China and Japan are in a state to be very concerned," Charles Yin, founder of the China-Japan Asia CEO Forum, said Wednesday. "So I thought economic leaders need to stand up and hold dialogues to deepen mutual understanding and communicate with each other so as to contribute to the prosperity and peace of the Asian economy and society."

Yin, who is also executive chairman of the Chinese investment and advisory firm Worldwide City Holdings, was speaking at a news conference in Tokyo after the forum's first meeting in about three years.