The nation's universities should try to rejuvenate themselves by collaborating with overseas institutions to offer joint degrees and attracting more foreign teachers and students to nurture global talent among Japanese, a government panel said in proposals released Wednesday.

"We would like to see many world-class universities from Japan by implementing the measures in these proposals," education minister Hakubun Shimomura told reporters.

The proposals, which mainly focused on higher education, urge Japanese colleges to strive to be more internationally competitive by inviting top-notch foreign institutions to set up programs with universities here at the undergraduate and graduate levels.