Industrial Structure Vision
- The way forward for Japanese Industry -
The Ministry of Economy, Trade and Industry (METI) has been discussing what will drive Japan’s revenue and employment in the future, taking into account the current deadlock situation and serious business climate for the Japanese industries, through the Industrial Competitiveness Committee (Chair: Motoshige Ito, professor at the University of Tokyo), a new organization formed under the Industrial Structure Council. The results were compiled into a final report, "Industrial Structure Vision 2010," and released.
Following the Cabinet approval of the New Growth Strategy (Basic Policies) on December 30, 2009, METI established the Industrial Competitiveness Committee under the Industrial Structure Council with the aim of formulating the "Industrial Structure Vision 2010,"which states the future that Japan’s industry should pursue, and directions of policies needed. The Committee convened six times for deliberation between February 25 (first meeting) and June 1.
2. Outline of the report
The report analyzes in detail the realities and challenges of the Japanese industry and confronts the severely deadlocked position of the Japanese industry, which has lagged behind the world’s major players and market changes. Based on findings from the analysis, the report points out that Japan should "launch a nationwide effort to boost its industry’s global competitiveness" if the nation wants to put the economy back on growth track. The report suggests the need for "four shifts" in the government and the private sector and recommends the following four actions:
For more details, please see the "The Industrial Structure Vision 2010 (outline)"(PDF:1,350KB)
3. METI Minister Naoshima’s message to the Japanese people
Upon the issuance of the Industrial Structure Vision 2010, METI Minister Naoshima released his message to the Japanese people.
For its full text, please see "METI Minister Naoshima’s message to the Japanese people."
1) METI Minister Naoshima’s message to the Japanese people
3) New Growth Strategy and The Industrial Structure Vision 2010
|New Growth Strategy and The Industrial Structure Vision 2010 (PDF:328KB)|
4) Committee’s documents
|Current Status and Issues Facing Japanese Industries (PDF:1.24MB)(February 25,2010)|
|The materials and proceedings of the Industrial Competitiveness Committee’s six meetings are available (in Japanese)|
June 3, 2010
Division in Charge
Industrial Revitalization Division, Economic and Industrial Policy Bureau