Covering topics from decarbonization and digital transformation to improving the nation's supply chain for microchips, the government laid out sweeping economic objectives Friday in its latest growth strategy.
While a slew of policies are leftovers from the previous administration, the Cabinet has also introduced some fresh items to the first new economic agenda to be issued under Prime Minister Yoshihide Suga.
Notably, the strategy has an increased focus on economic security amid growing geoeconomic risks due to tensions between the United States and China and as the pandemic exposes supply chain vulnerabilities for a number of products, including chips.
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