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Prime Minister Shinzo Abe launched a key advisory panel of intellectuals and Cabinet members Thursday, tasking them with providing ideas to overcome one of most serious long-term problems confronting Japan: its rapidly aging population and low birthrate.

Abe has set a key policy goal to maintain Japan’s population — now around 127 million — at a level of more than 100 million in 50 years by boosting the low birthrate.

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