Chinese telecom equipment maker Huawei Technologies has announced that the company has set up a long-term development lab in Tokyo, Japan.

Japanese television maker Hitachi may reduce its TV business on the Chinese mainland and cut up to 2,000 employees.

Fujitsu Quality Laboratory Limited has announced the establishment of a subsidiary in Suzhou which will offer local quality and environmental assurance services to companies in the electronics sector.

Chinese e-commerce service provider Alibaba has announced plans to finally form a joint venture with Softbank Japan to fully take over the original Japanese language website of Alibaba.

Asahi Breweries and Marubeni Corp will jointly establish a joint venture with a Chinese enterprise to manufacture and sell wines. This is the first time for the Japanese food industry giants to enter China's wine sector.