Agenda for the Evolution of the Growth Strategy
Mechanism to Realize Revolution in Productivity:
Igniting Investment in Innovation○ Institutional reform for the Fourth Industrial Revolution
・Redesign new systems for economic society in the IoT era（Develop foundations, incl. institutions/rules, human resources, technologies/innovations,and infrastructure）
・Clarify cooperative/competitive fields for winning international competition and create
platforms
・Supply risk money and develop institutions to encourage M&As and business restructuring
for the Fourth Industrial Revolution
・Industrialize sharing economy rapidly and soundly

ProvisionalExpansion of Strategic Growth Markets
for Nominal GDP of 600 trillion yen○ Creation of high‐quality healthcare industries

・Promote utilization of services outside public insurance coverage for health andprevention
・Medical diagnosis and individual healthcare utilizing IoT/BD/AI
・Develop and commercialize excellent drugs and medical devices made in Japan○ Increase of investment in energy/environment○ Strengthening of power to create innovation and ventures
・Establish Designated National University system (tentative name) aiming for world’s top level

・Develop systems to encourage investment in thorough energy‐efficiency andrenewable energy technologies
・Create new energy businesses in IoT era(Establishment of negawatt trading markets etc.)(Seedbed for creating new industries)
・Formulate the “Venture Challenge 2020 (tentative name)”○ Manufacturing IoT revolution, robot revolution○ Further strengthening of corporate governance/ Promote medium‐ to long‐term investment○ Investment for the future through reform of "bed‐rock" regulations

・National strategic special zones, self‐driving, drones, medial diagnosis, robots, FinTech etc.

○ Tax reform to encourage investment in the future
・Pro‐growth corporate tax reform, establishment of special measures for fixed asset tax on
machinery and equipment

Promotion of Local Abenomics○ Reform of agriculture, forestry, and fishery industries and export
promotion

・Consolidate farmland into large blocks through Public Intermediate Organization
for Farmland Consolidation
・Package measures to improve productivity (ICT utilization, cooperation withdistributors etc.)
・Achieve target of 1 trillion yen export in advance

Producing of human resources withoverwhelming challenging spirits○ Promotion of tourism/utilization of local resources incl. sports andculture○ Reform of elementary and secondary education with an eye for the society inthe future・Utilize IT and private sector know‐how, introduce the learning according to the proficiency○ Improvement of service industry productivity (Accommodation,transportation, restaurants/ready‐to‐eat meals businesses etc.),
strengthening of competitiveness of medium enterprises and SMEs

level of individual children, and experiential and problem‐solving learning
・Develop and strengthen IT literacy, including programming education
・Thoroughly develop the environment for IT access○ Institutionalization of new higher education organizations for practicalvocational education
・Provide knowledge /skills of vocational practices based on the needs of industries○ Turning out of world’s top level human resources responding to the Fourth
Industrial Revolution era
・Interdisciplinary fusion, and cooperation of industry, government and academia by
Distinguished Graduate Schools (tentative name) and Distinguished Researchers System ,and development of human resources○ Participation of diversified workers to break growth restraint

・Increase childcare arrangements and secure staff in charge for the “Elimination of Childcare
Waiting Lists”
・Support further active engagement by women, elderly, and highly skilled foreign
professionals

・Preparation for the age of post‐20 million foreign visitors in Japan○ Expansion of opening‐up of public services and assets to theprivate sector through PPP/PFI etc.

Capture of Overseas Growth Markets○ Support for overseas expansion of SMEs upon the conclusion of TPP○ Acceleration of attracting foreign direct investment in Japan○ Expansion of Infrastructure export○ Promotion of Cool Japan Initiatives○ Reform momentum through promotion of “Reform 2020” Projects(Next‐generation transportation systems, automatic driving technologies , distributed energy resources, leading‐edge robotic technologies, healthcare services, showcasing Japan as a country oftourism, increased foreign direct investment in Japan)
・Specify projects including implementing bodies and venues
・Clarify global agenda to be solved.
・Design systems looking at “Post 2020”, clarify necessary regulatory/institutional reforms and roadmaps