daiwa hopes the efforts will help japanese firms make smooth inroads into the chinese market. this comes after taiwan and mainland china signed a free trade deal in january. meanwhile, taiwan hopes to raise its international competitiveness by inviting japanese high tech firms. >>> the competition for business among companies that make water systems is intense. with so many emerging countries eager to buy the infrastructure, the market is expected to grow over $1.3 trillion. at the moment, japan trails europe in water technology sales, but it's making moves to close the gap. nhk world's yoshio anima reports. >> reporter: singapore hosted the world trade fair for organizations involved in the water industry. at a july event japanese participants took up more space than other countries to promote their products. >> i'm very impressed that one thing about the way the japanese reduced the leakage. >> reporter: japan's water treatment acumen and other operators are considered world class, but setting water for entire cities is difficult. there is a growing trend around the globe. p

the tokyo stock exchange is expected to work with japan's daiwa security group to help myanmar establish rules and security systems for stock trading. investment into the new bourse is being considered. stronger ties with asean nations is to help them continue to grow as they set up an economic community in 2015. competition is heating up as south korea is offering assistance to open stomach exchanges in cambodia and laos. that's all for this hour in business news. >>> time nor "nuclear watch" bringing you the latest at fukushima daiichi. the government are working to bring the plant under control. the next big challenge will be to decommission the plant. tepco released its time table in april. the first part focused on stabilizing and cooling the reactors, lowering their temperature. the government and tepco announced in july that stage one had been completed. the second stage is now in progress. it aims to significantly reduce the amount of radioactive materials released from the plant. it emphasizes decontaminating highly radioactive water that has built up at fukushima daiichi and re