Japan to set up 100 bil. yen fund for advanced technologies R&D

Politics Economy

Japan will establish a 100 billion yen ($880 million) fund to support research and development in advanced technologies to strengthen industrial competitiveness, economic revitalization minister Daishiro Yamagiwa said Sunday. Speaking on a Fuji TV program, Yamagiwa said the fund would help accelerate the application of artificial intelligence, biotechnology, and robotics, adding, "Japan's economy will not grow unless we make changes to the industrial structure with science and technology as the foundation." The plan is expected to be included in stimulus measures to be compiled by the end of t...

Kyodo News

Kyodo News