HOME > NATION > Article

Text Size

small

medium

large


Kishida Vows to Start Discussion on New Capitalism Early

Kishida Vows to Start Discussion on New Capitalism Early

   Tokyo, Oct. 12 (Jiji Press)--Japanese Prime Minister Fumio Kishida said Tuesday that his government will start discussions on a new form of capitalism at an early date.
   A panel on the matter "will convene at an early date," while the timing and its members are currently under discussion, Kishida said at a plenary meeting of the House of Councillors, the upper chamber of the Diet, the country's parliament.
   Kishida, who took office last week, has been pushing for a new form of capitalism to create a virtuous cycle of economic growth and wider wealth distribution.
   The prime minister defended his decision to shelve for the time being a plan to increase tax on financial income as a way to ensure wider wealth distribution.
   "We're considering various measures regarding wealth distribution. Priorities matter," he said.

To read a full story, please click here to find out how to subscribe.

NATION

Aomori Tourism Information

HEADLINES

POLITICS
1,051 Candidates Registered for Oct. 31 Election of Japan's 465-Seat Lower House
ECONOMY
Suntory Develops Vending Machine to Promote Chatting among Workers
SPORTS
Japanese Baseball: Retiring Saitama Seibu Pitcher Matsuzaka Start for Last Time
OTHER
Fewer People Back Prioritizing Coronavirus Steps over Economy: 6-Nation Poll

AFP-JIJI PRESS NEWS JOURNAL


Photos