Current affairs perspective
On the evening of March 5, 2020, the Japanese government published the news that China Visit Japan was postponed.Japanese Prime Minister Shinzo Abe said at the 36th future investment conference held by the official residence of the Prime Minister's residence: As China and other countries have reduced products to Japan, the impact on my country's supply chain is worrying. A high product, seek to return to my country for production bases. For other products, try not to rely on one country as much as possible, so that the production bases are scattered to Asianian'an and other places to diversify.
The results were reflected in the amendment budget of 1.68 trillion yen (about S $ 217.8 billion) published on April 7, and the obvious and vulnerable supply chain reform was given to the 248.6 billion yen budget.The government coupled with products with high dependence on one country and high added value, seeking production bases to return to my country. For other products, try not to rely on one country, and the production bases are scattered to Asian'an and other places. EssenceIn this regard, of course, the Chinese government will suspect that the Japanese government is adopting the promotion of Japanese companies to transfer from China to other countries and implement the Japanese version of the decoupling policy.What is the reality of the policy?
It is very interesting that the government's policy is divided into two major blocks such as domestic investment promotion subsidies for domestic investment promotion and overseas supply chain.The former refers to the expansion of the coronary virus epidemic, highlighting the vulnerability of my country's supply chain, so in order to smoothly ensure that the supply of products, materials that are too concentrated in the supply production base, or important products and materials needed in national healthy life, implement production in China, and implement production in China. Enterprises that build the base of production are subsidized; the latter is to support the diversification of production products and parts materials production lines abroad, and support enterprises that introduce equipment that strengthen the supply chain. Chain to strengthen the cooperative relationship between Japan and Asians' economic and industrial industries.
Simply put, the former is supported by companies returning to Japan, and the latter is mainly the support of companies transferred to the Asian region.Of course, there are no records that return from China, transferred from China; maybe to highlight that it is not aimed at the goal of Japanese companies in China.
The problem is the budget.The Japanese government uses about 90 % of the budget to the former, and the latter only uses a little more than 20 billion.In other words, the budget from the Japanese government is almost used to return to Japan, and the budget transferred to Asia in Asia is only a small part.It can be said that this is due to the consideration of China, and it is also a requirement to respond to the reality of Japanese companies.
The Japanese government was collected in May and was announced in July.From the results of the announcement, the domestic investment promotion subsidy for domestic investment promotion for the supply chain contains a semiconductor -related cutting -edge industry, but most of them are masks, medical equipment, alcoholic alcohol, inspection kit, medical protection clothing, etc.Object.These manufacturing strongholds moved from overseas to Japan.Although the announced results are not recorded in where foreign companies come from, it also includes many companies that retreat from China.
On the other hand, regarding the supporting undertakings such as the diversification of overseas supply chain, the announcement results also include some cutting -edge industries, but most of them are transferred from medical -related factories, and their destinations include Vietnam and Thailand.Although there is no clear representation here, it includes a company transferred from China.
It can be seen that the Japanese government's current 250 billion yen of yen in supplementary budgets is mainly used for factory transfer of medical -related products and appliances, and most of them are used to transfer to Japan.This is different from the discounted content of cutting -edge industries in the United States. Japan is just to simply raise measures such as masks; although it is a transfer of production bases, the 90 % budget is used to transfer to the country.This does not mean the tendency of all Japanese companies. This policy only means the purpose and use of subsidies.Therefore, the Japanese government's budget of 250 billion yen is to be described as China, which is not in line with the truth.
The author is a professor at the University of Tokyo
