Issue The government's 'real growth' paradigm targets world-leading products through concentrated national support

Summary

The government names its new paradigm real growth, a cycle in which a major economic overhaul makes national development and citizens' wellbeing reinforce each other. It proposes setting specific super-innovative core technology items as kingpin targets. All national capabilities in finance, taxation, credit, human resources, regulation and location are to be mobilised selectively, investing boldly in high-performing areas and restructuring low-performing ones. For each item, companies are to lead, the responsible ministry is to coordinate with others, and the finance ministry is to support through a dedicated task force. The stated aim is to produce world-leading products and services, since the government views national competitiveness as depending on how many such products a country makes.