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Japan's industrial innovation agency will invest in China's auto parts
 

According to "Asahi Shimbun" website reported that a joint venture set up by the Government and the people of Japan, 14 industrial innovation agency, announced plans to expand into small and medium enterprises jointly by Japan's auto parts in China to set up the business. By then, according to increased capital, plans to invest 1.5 billion yen for more than 50% of the shares, and sent to the local management team. The aim is to develop new customer base.

 The auto parts enterprises are established in 2008 Trimaran of auto parts Co., Ltd., with which Toyota's auto parts supplier Denso top business with the formation of 12 small and medium enterprises, located in Jiangsu Province. The companies have come up with their own good technology, can produce a wide variety of parts, can be said that a major business advantage. However, for DENSO's turnover accounted for the majority.

 It is reported that Japan's industrial innovation agency business leaders will be sent to the local office, by re-examine and strengthen the viability of production projects, which broaden the European and American manufacturers and other new business areas. Is also considering the future will be to enter Thailand and India and other countries. (Moon compilation)
 

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