Japanese Industry and policy News June 2020

The topics of the June 2020 issue are as follows.

 

LEGISLATION AND POLICY NEWS

・Move across prefectures possible from June 19, determined by the COVID-19 task force of the government

・Amended Foreign Exchange Law enforced to strengthen restrictions on foreign investment in Japan

・Ministry of Economy, Trade and Industry (METI), and Ministry of the Environment (MOE)announced Home Appliance Recycling Results in 2019

・Deliberation of international standards started in order to popularize "organic EL lighting" with high energy-saving performance

・Ministry of Economy, Trade and Industry (METI) proposes an international standard for "identification with a smartphone"

・New International Standard for Partially-Automated Lane-Change Systems proposed by Japan was issued

 

SURVEY AND BUSIINESS DATA

・January-March GDP revised upward from - 3.4% to - 2.2%

・Japanese birth rate declined for 4 consecutive years in 2019, the number of births fell below 900,000

・Vehicle sales in China in May, up 14.5% to the previous year

・40% of Japanese employees cannot return to China

・Passenger vehicle production in April decreased sharply both domestically and overseas

 

COMPANY & ORGANIZATION NEWS

・Japan’s “Fugaku” gains title as world’s fastest supercomputer

・Developed the world's first solid oxide fuel cell drone, enabling long flight

・Biojet fuel manufactured from microalgae newly acquired international

standard ASTM certification

・Furukawa Electric Group puts bipolar type storage battery into practical use, a

1/2 cost of lithium ion battery

・Developed the tower crane remote control system "Tawa Remo"

・Honda fuel cell vehicle leasing started for personal use in prefectures with

hydrogen stations

 

Additional Topics

・Nintendo's “Animal Crossing, New horizons” remains popular

・Rugby World Cup 2019 economic effect, record high of \ 646.4 billion

・Japanese businessmen are strict about time?

 

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