(Xinhua)
Updated: 2008-05-07 16:41

TOKYO -- Chinese President Hu Jintao on Wednesday advanced a four-point proposal for the further development of China-Japan economic and trade cooperation.

In a speech at the welcome luncheon hosted by key Japanese business groups, Hu brought forward the proposal to elevate bilateral economic ties to a higher level.

Chinese President Hu Jintao and Japanese Prime Minister Yasuo Fukuda also agreed on Wednesday to establish a regular exchange of visits mechanism in an effort to enhance bilateral ties.