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Japan seeks to boost startup economy with new cabinet post

Tokyo eyes crucial role for emerging businesses in Kishida's 'new capitalism'

The prime minister's office in Tokyo. The Kishida government aims to centralize startup policy under a single cabinet position. (Photo by Uichiro Kasai)

TOKYO -- Japan plans to establish a cabinet post to promote business creation, a key element in Prime Minister Fumio Kishida's vision of a "new form of capitalism."

The position will be responsible for coordinating startup-related policies across ministries and agencies.

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