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Business trends

Dalian attracts Honda and Nidec in push for Japan investment

Chinese port hub among six cities covered by Beijing initiative

Skilled personnel with Japanese proficiency is among the draws for businesses from Japan looking to establish a presence in Dalian. (Photo by Shin Watanabe)

DALIAN, China -- Japanese companies once again are pouring money into Dalian, responding to entreaties from Beijing as China seeks investment to combat its trade troubles with the U.S.

A Honda Motor joint venture with information technology giant Neusoft began operations here Wednesday to develop connected-car services. The 300 million yuan ($42.4 million) entity is the Japanese automaker's sole Chinese base dedicated to this field, and it is staffed with around 50 people for now.

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