• China declares Sept. 3, 2015 as a national holiday to give way for the 70th-year anniversary of World War II's conclusion.

China declares Sept. 3, 2015 as a national holiday to give way for the 70th-year anniversary of World War II's conclusion. (Photo : Reuters)

The Chinese government has recently declared Sept. 3, 2015 as a national holiday celebrating the 70th anniversary of the end of World War II.

In a statement released via the government's website, the holiday will be known as "The 70th anniversary of the Chinese War of Resistance against Japanese Aggression and the World Anti-Fascist War Victory Commemoration Day."

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The Web post also said that the holiday will allow "the broad participation of the entire nation in central and regional commemoration activities."

A first, a massive military parade will be held in Beijing to commemorate China's victory over the Japanese in 1945, the statement added. Russian troops are also expected to join the event.

Though China and Japan have been trying to work out their diplomatic ties, their relationship was strained since late 2012 after a territorial dispute over the East China Sea's Diaoyu Islands.

This has resulted in massive anti-Japan protests across the country as well as a large-scale boycott of Japanese products.

China-based Japanese business workers are alarmed about the 70th-year anniversary celebration as it could pose a risk to their enterprises should another anti-Japanese sentiment arise.

Following the island dispute, the sales of Japan-made goods have decreased significantly. An example is the 50-percent shrinkage in Japanese cars' sales in 2012.

Meanwhile, Chinese President Xi Jinping visited Moscow last week to attend Russia's own commemorative parade for the WWII's end. The military parade was participated in by over 16,000 troops from Serbia, Mongolia, India, China and other former Soviet states.

China's revelry will run from Sept. 3-5, according to the statement.