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Industrial Competitiveness Council

Monday, September 2, 2013

Photograph of the Prime Minister delivering an address at the meeting of the Industrial Competitiveness Council (1)

Photograph of the Prime Minister delivering an address at the meeting of the Industrial Competitiveness Council (1)

  • Photograph of the Prime Minister delivering an address at the meeting of the Industrial Competitiveness Council (1)
  • Photograph of the Prime Minister delivering an address at the meeting of the Industrial Competitiveness Council (2)

Photograph of the Prime Minister delivering an address at the meeting of the Industrial Competitiveness Council (2)

Photograph of the Prime Minister delivering an address at the meeting of the Industrial Competitiveness Council (2)

Prime Minister Shinzo Abe held the 13th meeting of the Industrial Competitiveness Council at the Prime Minister's Office.

During the meeting, discussion took place on the implementation status of the Japan Revitalization Strategy and the way forward.

Based on the discussion, the Prime Minister said in his address,

"I believe whether or not reforms make headway also has to do with whether or not we share the present sense of crisis with the ruling parties as a whole. 
Unless we do now what it is that we must do, Japan will not be able to achieve robust growth once again. Hence, there can be no fiscal rehabilitation. With this sense of crisis firmly ingrained in our minds, I would like to deliver steady results in the political arena.
It remains the intention of the Abe administration to manage policies with economic revitalization as the top priority.
Accordingly, before the Growth Strategy Implementation Diet gets underway in autumn, I would like to compile a policy regarding the implementation of growth strategy-related measures in the coming years, for accelerating and strengthening the implementation of the Japan Revitalization Strategy. This work will be carried out under the leadership of Minister Amari by seeking the cooperation of all relevant ministers. We will make this a policy which can get the Japanese economy truly moving and has impact. The Abe administration's ability to execute policies must be demonstrated to the world. And I am determined to do so.
In particular, in order to promote private sector investment, the Government should take bold taxation system measures in addition to formulating the bill for strengthening industrial competitiveness. These measures are currently being studied by the Research Commission on the Tax System of the ruling parties. I would like these measures to be developed so that they trigger the Japanese economy on a path to growth.
Earlier, I said 'share the sense of crisis.' The ruling parties, as well as the Government and fiscal authorities, must fully share this sense of crisis and embark upon bold policies.
A message must be sent out to the world that our regulatory and institutional reform will transform the landscape of Japan's economic society. To make a breakthrough in this endeavor, the submission of relevant bills to the extraordinary Diet session is being explored to lay out the details of the National Strategic Special Zone as early as this autumn. The full cooperation of all relevant ministers who have jurisdiction over regulations and institutions is sought in examining and swiftly finalizing the details under the leadership of Minister Shindo. 
We expect to submit a bill to the extraordinary Diet session for the establishment of prefectural intermediary institutions that manage farmland. I hope to design this system so that the efforts of all stakeholders with a will to strengthen Japan's agriculture may be mobilized towards the activities of these institutions. The incomes of farmers will increase as a result, as was discussed a short while ago. These are the outcomes I would like to see.
In order to implement and strengthen the 'continuously-evolving growth strategy,' I would like to ask that members of the Industrial Competitiveness Council continue to carry on ambitious discussions as you have been doing."

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