The ambitious trade pact, when ratified by lawmakers in the participating countries, will liberalise trade in about 40 percent of the global economy.
China plan to remove excess industrial capacity and fix unprofitable 'zombie companies.
Employers are finding it hard to fill vacancies and the absolute number of job vacancies has been declining over the last year.
Leading Japanese engineering contractors JGC holds 55 percent interest in the consortium.
China's mammoth manufacturing sector plagued by chronic overcapacity and plunging demand.
John Key's government says various tariff reductions under the trade pact will result in the addition of $2.7 billion to the country's GDP.
Another poll shows services sector has become increasingly pessimistic about short-term business prospects.
BoJ says will 'cut the interest rate further into negative territory if judged as necessary'.
Flying times will be approximately 15 hours, 30 minutes eastbound and 16 hours, 20 minutes westbound.
The trade pact aims at radically liberalizing trade between 12 Pacific rim countries.
Elsewhere in Asia, China recorded 5.8 percent growth for full-year 2015 while Vietnam expanded 6.7 percent.
Singapore expects the growth in local workforce numbers will remain muted for the next five years.
Business body urges government to offer more financing and infrastructure support in the budget.
More tolerance to migrants and employee empowerment opportunities needed, survey says.
Brent crude drops 1.3 percent to $30 a barrel