Japan picks 28 priority items for ¥370 trillion investment push

· Economy · Japan

Japan has picked 28 priority items, drawn from 62 products and technologies, to channel ¥370 trillion in investments, including semiconductors and artificial intelligence. The selection is part of a government push to direct capital into strategic sectors. Separately, Bank of Japan Governor Kazuo Ueda said it is unclear how long the 2% inflation rate will remain, indicating that awareness the target has been reached has not yet become embedded among the broader Japanese public. Japanese manufacturers have meanwhile lifted profit outlooks on price hikes and a weak yen.

Why it matters：Japan is betting big public and private capital on strategic technologies, a model other advanced economies are watching.

Key points

  • The 28 priority items were chosen from 62 products and technologies.
  • They include semiconductors and AI.
  • BOJ's Ueda said it is unclear how long 2% inflation will last.

Sources (original reporting)

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