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Japan proposes 21 projects for economic growth strategy in the next 10 years
Source: | Author:finance-94 | Publish time: 2019-05-02 | 120 Views | Share:
We will strive to get rid of deflation as early as 2011, create 5 million jobs and 123 trillion yen in seven fields, such as environmental protection, health and tourism, and achieve an average economic growth rate of more than 2% in the next 11 years.
TOKYO, June 20 (Xinhua) -- The Japanese government approved the economic growth strategy for the next 10 years on June 18, putting forward that it should strive to get rid of deflation as early as in 2011, create 5 million jobs and 123 trillion yen in seven fields such as environmental protection, health and tourism, and achieve an average economic growth rate of more than 2% in the next 11 years.           
This growth strategy is a concrete measure to implement Prime Minister Naoto Kan's goal of "a strong economy". The growth strategy has formulated 21 key "national strategic projects", including expanding the export market of infrastructure such as nuclear power plants, Shinkansen lines and water to 200 billion yen. In addition, the growth strategy also proposes to vigorously popularize the new generation of smart grid; to achieve the goal of "zero children waiting for school" in 2017 and integration of kindergartens by 2013; to enhance the international competitiveness of enterprises, the actual tax rate of enterprise income tax will be lowered to the same level as that of other developed countries.