2021-11-16

The economic effect of Tokyo Olympic Games is limited. Japan plans to throw 40 trillion yen to stimulate the economy

By yqqlm yqqlm

Beijing, Nov. 16 (Xinhua) comprehensive report, recently, the Japanese Cabinet Office released data showing that although the Tokyo Olympic Games were successfully held, almost all competition venues banned spectators, bringing limited economic effects. Analysts said that in the face of COVID-19’s strong offensive, Japan will launch an economic stimulus package of over 40 trillion yen (RMB 2 trillion yuan). p>

The economic effect of Tokyo Olympic Games is limited. Japan plans to throw 40 trillion yen to stimulate the economy

it is reported that the data released by the Japanese Cabinet Office show that in the third quarter of 2021, Japan’s GDP express decreased by 0.8% month on month and 3.0% at an annual rate after adjusting for seasonal factors. Negative growth occurred after a quarter

“Japan economic news” said that this highlights the weakness of Japan’s economic resilience and can not catch up with the pace of recovery in Europe and the United States

it is reported that the Tokyo Olympic Games held in August cannot stimulate tourism, hotel, retail and other industries due to the implementation of no audience measures</ P>

also, according to the Japanese Yomiuri Shimbun, COVID-19’s long-term consumption has been depressed by Japan’s personal consumption and its export situation is also worrying. Tokyo and Osaka Prefecture of Japan have also been affected by the epidemic and issued emergency declarations for many times, resulting in the continued depression of catering, hotel and other service industries

according to the analysis, the economic data is far less than expected, which is a major test for the new Yasuda government

The economic effect of Tokyo Olympic Games is limited. Japan plans to throw 40 trillion yen to stimulate the economy(1)

it is reported that in the face of the Senate election in 2022, Japanese Prime Minister Wenxiong Kishida is eager to make political achievements. In addition to paying subsidies to the people, he also said that he will continue to support small and medium-sized enterprises

Kishida previously said that it planned to grant an epidemic subsidy equivalent to 100000 yen (about 5500 yuan) to people aged 18 and below