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Nagoya lures Tokyo defectors with $9,000 ahead of maglev launch

New rail to cut 350 km trip to 40 minutes, threatening to drain resources from region

A new magnetic-levitation bullet train will connect Tokyo and Nagoya in just 40 minutes.

TOKYO -- With a new train line slated to connect the 350 km between the Japanese capital and Nagoya in just 40 minutes, the prefecture that is home to Toyota Motor is offering up to 1 million yen ($9,300) to woo people away from Tokyo.

Aichi Prefecture worries that the new magnetic-levitation bullet train will make a trip to Tokyo so easy that Nagoya and its environs will become integrated into the capital's economic sphere, thereby draining human and financial resources away from the region. Aichi aims to counter this by attracting new residents through generous assistance and the promise of cheaper living. The train service will begin in 2027.

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