The government plans to triple the number of duty-free shops in local tourist spots around the country to 20,000 by 2020 to try to lure more foreign tourists. It will also move up its 2020 goal of expanding farm and fishery exports to ¥1 trillion, government sources said Wednesday.
In a draft of the government's growth strategy to be formulated by the end of this month, the government also plans to help arrange visits for around 200 Japanese companies to Silicon Valley in California over five years from next April, to help them procure funds and find business partners, the sources said.
Other plans include subsidies for companies hiring experienced middle-aged workers as a way to boost personal income and corporate productivity and to make use of available skills, the sources said.