The French minister of economy, finance and industry believes the Group of Seven leading industrialised countries and the mainland are waiting for the new Japanese Government to implement policies to revive the economy. Dominique Strauss-Kahn was speaking at the end of a 24-hour visit to the mainland in preparation for a trip by French Prime Minister Lionel Jospin late next month. During his stay, he met People's Bank of China governor Dai Xianglong, Vice-Premier Li Lanqing and Foreign Trade and Economic Co-operation Minister Shi Guangsheng. Mr Strauss-Kahn said the Chinese analysis of the Japanese situation was close to that of the G7. 'The Japanese economy is in bad shape. We are all waiting for the new government to implement a plan for macroeconomic recovery and restructuring of the banking system, ' he said. Mainland leaders, Mr Dai in particular, have criticised the Japanese Government for its failure to revive the economy and strengthen the yen. Mr Strauss-Kahn praised Beijing for its determination in keeping its currency stable, both for domestic economic reasons and as a pole of stability in the Asia-Pacific region. 'All the G7 countries want a stable yuan. I have the feeling that nothing will shake their [Beijing's] determination to keep it stable, ' he said. He said there was no link between the stability of the yuan and Beijing's World Trade Organisation ambitions. 'This is a different issue. China must abide by the WTO rules. 'I think that after a reasonable time, China will enter the WTO.' Mr Strauss-Kahn provided news regarding the proposed 100-seater aircraft being discussed by Europe's Airbus Industrie and Aviation Industry of China (Avic), which has hit snags over its commercial viability. He said the head of Airbus would visit the mainland soon to present new proposals to Avic, with a reassessment of the project by both sides. Mr Jospin is due to arrive in Beijing on September 24 and will also visit Wuhan and Shanghai, with the main economic themes of the visit energy and transport. Projects in which contracts may be signed for during the visit include a clean-coal thermal power station at Beima, Sichuan, to be built by Alstom, and the third subway line in Shanghai. French banks Credit Lyonnais and Societe Generale are hoping to be issued branch licences in Beijing during the visit. French companies have invested US$2.29 billion in the mainland and are contracted for $4.41 billion more, accounting for less than 1 per cent of foreign investment. In the first seven months of this year, bilateral trade was $2.74 billion, up 7.9 per cent over the same period last year but less than 2 per cent of the mainland's trade.