Japan invests in 17 strategic sectors

VTV.vn - Japan is betting on strategic sectors to create a boost for growth, in an effort to revive the economy after a long period of slow growth.

Japanese Prime Minister Sanae Takaichi pledged on November 4 to invest heavily in 17 key sectors such as artificial intelligence, semiconductors, shipbuilding, aerospace and biotechnology. Each minister will be in charge of one sector and develop a detailed roadmap, aiming to complete the plan by the summer of 2026.

Under a bilateral deal reached in July 2025, Tokyo pledged to invest $550 billion in key US industries in exchange for reduced import tariffs.

The goal, Ms. Takaichi asserted, is to create a "virtuous cycle" in which corporate profits, household incomes and tax revenues increase together, creating the foundation for a strong economy .

At a Cabinet meeting held on the morning of November 4 (local time), the Japanese Government decided to establish a new "Steering Committee on National Growth Strategy" to achieve the goal of strong economic growth.

In a statement, Prime Minister Takaichi stressed: "We will vigorously promote a growth strategy to fundamentally strengthen Japan's supply-side structure and realize a strong economy. I would like cabinet ministers to consider and discuss to build a new strategy, improve investment forecasting, as well as commitments to implement multi-year budget measures."

According to analysts, by establishing the "Steering Committee on National Growth Strategy", Ms. Takaichi is showing her determination and efforts to gradually remove existing obstacles, while aiming to solve challenges and regain momentum for the Japanese economy.

Source: https://vtv.vn/nhat-ban-dau-tu-vao-17-linh-vuc-chien-luoc-100251105122137801.htm