Japanese Prime Minister Shinzo Abe (Shinzo Abe) on Friday Preview economic policy consists of three parts, designed to stimulate the long-term economic stagnation of economic growth through free trade agreements, commitment to an open economy "Arrow", making it easier for women's work and to promote the growth sectors of private and public support.
Shinzo Abe, now riding in the polls, after launching the two pillars of his economic prescription - ultra-loose monetary policy and large consumer - announced in June growth strategy, including structural reform, such as deregulation and public and private sector support focus department.
Experts say, will be a severe test after his first two policy "arrow", which led to a rebound in the stock market to weaken the yen, led Shinzo Abe's popularity economic reforms, his appetite, deep skepticism about operation.
Noted, there are signs the economy and improving, such as rapid capital investment appetite returns, Shinzo Abe said: "But we can not be satisfied with this, we must make these bright signs of stronger and sustainable. the turn of the growth strategy, which is the third arrow. "
Shinzo Abe said that the steps in the pipeline, including programs to promote the economic growth of the industry, such as medical technology, where Japan's global competitiveness, the public sector and the private backing.
But he declined to criticize the government trying to pick winners and losers, is more suitable for the old-fashioned industrial policy in the 1970s.
"This is a method by focusing on public and private investment, we can create a new growth point, it is not targeted at specific sectors of the government."
Abe's commitment to the smooth progress of the workers transferred to a mature industry growth areas of the business, did not cause unemployment. Japanese companies complain that the legal protection of full-time employees, making it difficult to exit the loss-making business, the Government Advisory Group on competitiveness is to discuss possible measures to solve this problem.
Shinzo Abe also said that the government will reduce the waiting list for day care centers to zero by 2017, making it easier for women to work and raising a child set a goal - the goal of successive governments have repeatedly floating, but can not meet.
Shinzo Abe decided last month to Tokyo will join the US-led free trade agreement, the Trans-Pacific Partnership (TPP), overriding the politically powerful farm lobbies oppose the talks.
Current 11 member countries have been negotiating the TPP formal talks, ahead of the Asia-Pacific trade ministers meeting in Indonesia this weekend gatherings invited the edge of Japan.
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