The government unveiled an economic growth strategy Friday for the next decade, aiming to eliminate deflation by the end of fiscal 2011, create ¥123 trillion worth of demand and 5 million jobs in four specific fields, as well as lower corporate taxes.
The plan puts priority on the environment, health care, Asian markets and tourism. The government will also emphasize science and technology, employment and human resources, and finance. Among the fields, the government will select 21 "national strategy projects," the paper said.
The projects include creating world-class environmentally friendly cities, accepting patients from overseas to promote Japan's quality medical care, actively entering infrastructure development markets in Asia, creating special business deregulation zones and a new exchange that provides unified services of securities, finance and goods.
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