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In October 2018, JIC launched its first fund, a $2 billion JIC-US Fund that targeted US biotech and drug discovery firms. The other three funds that were to be launched later would invest in private equity, venture capital and Japanese corporations with the aim of revitalizing them. [4] In December 2018, most of JIC's senior management team ...
The Japanese economic crisis of the 1990s helped, too. There were several changes in wholesaling and retailing in the 1980s. Japan's distribution system was becoming more efficient. Retail outlets and wholesale establishments both peaked in number in 1982 and then went down 5.4 percent and 3.7 percent, respectively, in 1985.
JICA was formed in 2003 [citation needed] as a result of a comprehensive overhaul of Japan's ODA. It is now one of the largest bilateral development organizations in the world, with a network of 97 overseas offices, projects in more than 150 countries, and available financial resources of approximately 1 trillion yen ($8.5 billion).
The Ministry of Economy, Trade and Industry (経済産業省, Keizai-sangyō-shō), METI for short, is a ministry of the Government of Japan. It was created by the 2001 Central Government Reform when the Ministry of International Trade and Industry (MITI) merged with agencies from other ministries related to economic activities, such as the ...
TOKYO (Reuters) -Japan's government will allocate roughly 2 trillion yen ($13 billion) to support efforts to boost its chip industry, marking the latest move by the Asian nation to reclaim its ...
Japan External Trade Organization (日本貿易振興機構, Nihon Bōeki Shinkōkikō, also ジェトロ; JETRO) is an Independent Administrative Institution established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka in February 1952, reorganized under the Ministry of International Trade and Industry (MITI) in 1958 (later the Ministry of Economy, Trade and ...
Government-business relations are conducted in many ways and through numerous channels in Japan.The most important conduits in the postwar period are the economic ministries: the Ministry of Finance and the Ministry of Economy, Trade and Industry (METI, formerly the Ministry of International Trade and Industry, known as MITI).
China is now Japan's largest export market, surpassing the U.S. despite a drop in overall trade, according to recent figures from the Japan External Trade Organization. Japan's exports to China fell 25.3% during the first half of 2009 to $46.5 billion, but due to a steeper drop in shipments to the U.S., China became Japan's largest trade ...