Yuriko Koike: Nation Capital and Japanese Market

yuriko koike: At a regular news conference at the metropolitan government office in Tokyo Shinjuku Ward, the governor said Tokyo is key to shoring up the nation economy, and that she hopes for a return to its former position as Asia leading financial hub, according to The Japan Times. The governor said she would do so by easing regulations and revising the tax codes, which she says are deterring potential international investors from entering the Japanese market amid fierce competition from overseas competitors such as in Singapore or Hong Kong. Yuriko Koike on Friday announced her plan to revitalize the nation capital and reaffirm it as a top financial center, a move aimed at boosting the country economic growth in line with Prime Minister Shinzo Abe 600 trillion GDP target for 2020, the year of the Olympic Games. Given it is a central core of Japan growth strategy by 2020, I believe we need to work as speedily as if it were our last chance, Koike said. The teams will work on projects including those aimed at encouraging overseas investors and firms in the fintech industry made up of innovative companies that provide financial technology services to locate their operations in the city. She also said she has formed two project teams comprising Japanese and international experts who will, as early as this month, begin work on devising ways to streamline the city financial markets. (news.financializer.com). As reported in the news.