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Takeshita’s First Visit to China

August 25, 1988

BEIJING (AP) _ Premier Noburo Takeshita of Japan comes to Beijing Thursday on a six-day visit to point up recent improvements in Chinese-Japanese ties and offer new financial aid to reaffirm Japan’s role in China’s future.

It is the 64-year-old Japanese leader’s first visit to China since taking office last November.

Premier Li Peng will welcome Takeshita in a ceremony outside the Great Hall of the People. The two will hold talks expected to focus on economic issues.

Takeshita is to meet separately with senior leader Deng Xiaoping; President Yang Shangkun, and the Communist Party general secretary, Zhao Ziyang, before leaving Beijing on Saturday for other areas of China.

His visit comes at a relatively trouble-free moment in the often-stormy relations between the two Asian neighbors. Officials from both sides agree the talks will be upbeat.

The official news agency Xinhua said the visit ″will be a major event of far-reaching significance in the political life of the Chinese and Japanese people.″

On Wednesday the national television evening news, in a rare profile of a visiting dignitary, gave a lengthy account of Takeshita’s life.

Takeshita is to highlight the visit by announcing a new package of low- interest loans, estimated at $6 billion for Chinese development projects in the 1990-95 period.

He is also to sign an investment protection accord reached after seven years of sometimes acrimonious negotiations that will give Japanese investors the same tax and other benefits accorded to Chinese enterprises.

Update hourly