TOKYO -- Japan launched Friday a council tasked with realizing Prime Minister Fumio Kishida's vision of a "new capitalism," naming members ranging from an AI entrepreneur to the first female leader of Japan's largest labor organization.
The council holds its first meeting as early as this month to discuss ways to advance Kishida's push for a virtuous cycle of growth and distribution, such as through tax incentives for businesses that raise worker pay. An interim report is due out by year-end.
