Shoichiro Toyoda passed away, Japan Keidanren: After the bubble economy burst, he once led the Japanese economic circle

　　China News Agency, Tokyo, February 15 (Zhu Chenxi and Jiang Wenyue) Shoichiro Toyoda, honorary chairman of Toyota Motor Corporation, Japan, passed away on the evening of the 14th at the age of 97.

　　Tokura Masawa, chairman of the Japan Keidanren Federation (Keidanren), said on the 15th that when the Japanese bubble economy was undergoing unprecedented changes, Shoichiro Toyoda, as the chairman of the Keidanren, led the Japanese economy with the determination not to retreat boundary.

　　Masazu Tokura said that Shoichiro Toyoda is committed to various structural reforms such as tax reform and regulatory reform, led by reducing the corporate tax rate, and has achieved great results.

Shoichiro Toyoda visited 35 countries, including the United States and China, during his four years as the chairman of Keidanren, and "carried out non-governmental diplomacy vigorously."

　　Masazu Tokura said that the Japanese economy has been struggling in the downturn for a long time.

With a strong sense of crisis, Shoichiro Toyoda led the Japanese economic circles with the determination not to retreat.

　　Shoichiro Toyoda is the eldest son of Kiichiro Toyoda, founder of Toyota Motor Corporation (now Toyota Motor Corporation).

Shoichiro Toyoda graduated from the Faculty of Engineering, Nagoya University in 1947, and joined Toyota Motor Corporation as a director in 1952.

In 1981, he became the president of the then Toyota Motor Sales Company.

In the following year, he successfully merged the manufacturing and sales departments and became the first president of Toyota Motor Corporation.

　　During his tenure as the president of Toyota Motor Corporation, Shoichiro Toyoda devoted himself to expanding the localized production of Toyota Motor overseas and developing it into a world-renowned automobile brand.

In 1999, Shoichiro Toyoda became the honorary chairman of Toyota Motor.

In 2007, Shoichiro Toyoda was awarded the Tung Flower Grand Cordon by the Japanese government at the Autumn Award Ceremony.

　　Shoichiro Toyoda served as the chairman of the Japan Keidanren for four years from 1994, and was committed to revitalizing the sluggish Japanese economy and responding to issues such as administrative and financial reforms.

Regarding the death of Shoichiro Toyoda, Japanese Prime Minister Fumio Kishida told the media at the Prime Minister’s residence on the 14th, “Shoichiro Toyoda cultivated Toyota into a world-renowned automaker and led the Japanese auto industry. Great efforts have been made to develop." (End)