Suga targets green tech investment for post-pandemic comeback

Japan shifts away from cash aid to fund environment and 5G advances

20201109N Green technoloy

Japanese Prime Minister Yoshihide Suga hopes to speed up a post-pandemic economic recovery by encouraging investment in green technologies. © Getty Images

HIROYUKI AKIYAMA, Nikkei staff writer

TOKYO -- Prime Minister Yoshihide Suga will zero in on green and digital technology under new economic plans as the nation tries to balance spurring growth and containing the coronavirus outbreak. 

Japan until now has largely prioritized easing the economic blow from the pandemic through cash relief to households and businesses. The government is now changing tack to focus more on structural changes to reduce carbon emissions and to promote 5G wireless technology while keeping the coronavirus at bay.

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