The Sasakawa Japan-China Friendship Fund The Japan-China Friendship Fund, established in December 1989, seeks to deepen the ties between Japan and China cultivated over a long history of interaction and encourage peace and development in both countries. Guided by the basic policy principle "from friendship to cooperation," the Fund supports projects in such areas as human resource development, personal and cultural exchange, surveys and research, and the convening of conferences, in line with the following four guidelines: Fostering human resources for twenty-first-century Japan-China relations Deepening mutual understanding in the twenty-first century Activities to promote Japan-China relations in the twenty-first century Activities to advance the Fund's international role