Prime Minister Abe instructed to consider investment promotion in new fields September 19, 16:59
The government has started discussions on the formulation of a new growth strategy following the previous cabinet reshuffle, and Prime Minister Abe has proposed specific measures to encourage companies to invest in new fields and regulations on giant IT companies. He also instructed them to consider developing rules for the digital market with that in mind.
On the 19th, after the previous cabinet remodeling, the government opened its first future investment conference at the prime minister's residence and began discussions on the formulation of a new growth strategy.
Among them, Prime Minister Abe said, “Along with the importance of long-term R & D investment with a view to the future, it is important to invest in new fields by existing companies with abundant funds and human resources.” Instructed to consider specific measures, including tax systems and budgetary measures, in order to encourage investment in new fields where future growth is expected.
In addition, considering the fact that a huge IT company called GAFA has strengthened its monopoly power at the conference, the Secretary of the Secretary of State and related ministers are members of the “Digital Market Competition Headquarters” created by the government. It was confirmed and it was decided to start soon.
In addition, Prime Minister Abe instructed to make concrete conclusions within the year regarding the development of rules for the digital market, such as the transparency of transactions with search companies, social media and other operating companies, and how to protect personal information.
In addition, we decided to proceed with discussions on measures to prevent accidents caused by elderly drivers and systems for maintaining local transportation infrastructure such as route buses.