Japan economy news

The possibility that the eco-friendly car subsidy system that becomes discontinuance in September is extended again has come out.

Sedge Cabinet has the policy of coming up with economic measures in the inside where the voice to worry about the future of a domestic economic recovery because of the moderation etc. of the us economy becomes strong and September. The handling of the eco-point system of the house electric appliance that becomes discontinuance in the eco-friendly car subsidy system and December when being paid attention by economic measures becomes discontinuance at the end of September.

Minister of Economy, Trade and Industry Masayuki Naoshima declares the discontinuance at the end of September once about the eco-friendly car subsidy system.
However, the voice to worry about the bottom line of the automaker who is the export industry becomes strong from the advancement afterwards by strong yen against the dollar. The Shiga chairman of Japan automobile Manufactures' Association also is demanding the extension of the eco-friendly car subsidy system because of an abnormal strong yen level.

If the eco-friendly car subsidy system becomes discontinuance here, a rapid dropping the home demand is an outlook not avoided, and automaker's bottom line becomes a double punch with the strong yen.
Toyota Motor etc. plan to already already discontinue of the eco-friendly car subsidy system, to have foreseen the following decrease in demand, and to decrease output after October.

However, the eco-friendly car subsidy system has details that extended the schedule of normally becoming discontinuance in March this year during half a year.
Moreover, there is a voice ..increasing.. to doubt the effect as "The automaker only maked a profit" and economic measures drastic, too and it is simply difficult to extend the eco-friendly car subsidy system though the export pickup also was and had recovered.  employment and the pay automaker's bottom line the other day

A repeated extension of the eco-friendly car subsidy system is included in the economic measures of the government or it keeps one's breath and the motor-dom is defended.

The source
http://response.jp/article/2010/08/20/144169.html

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On the Internet auction site, Wakayama Prefecture sells off the owned fisheries patrol boat.

The successful bid estimated price of the ship bought for 190 million yen 22 years ago is seven million yen, and the price of about 96 off %.

The ship is "Second generation. " according to prefecture Office of Resources Management. 16 capacity by 19.5 meters in the total length, 4.6 meters in width, and 28 tons.
The prefecture buys in 1988, and it has taken an active part to the arrest of the fishing boat that violates the operating area in the Kii water service in the prefecture offing until March this year.
To correspond also to the crackdown at nighttime besides meters of radar, fish finder, and global positioning system (GPS), etc. , the bed, the kitchen, and the television are provided, too.

It buys it, and in the prefecture, years decide the clearance by Tatsu, and to participate widely, exhibit in Internet auction.
The person in charge of this division is speaking with "The speed of 34 knots (about 61 kilo per hour) is sure to go out by the the greatest, and to take an active part to not only the crackdown but also leisure".

The participation application period until 2:00PM, August 6th. 700,000 yen is necessary as the bid bond.
The bidding time : until 1:00PM of the 19th - 1:00PM of the 26th.

The auction site is http://auctions.yahoo.co.jp/jp/The inquiry : to this division (TEL sees the source).

http://www.yomiuri.co.jp/national/news/20100730-OYT1T00219.htm?from=main4


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Lately, the trade deficit that Japan is post to China has decreased suddenly.
The movement made a surplus by monthly has the possibility of making it widely in the latter half of 2010.
The local advancement enterprise in Japan that assumed China to be a production platform has increased the local selling to the backdrop with the economics development conventionally.
In the past experience rule, movement to procure intermediate goods etc. from Japan when the number of local advancement enterprises increased and to produce the locale was activated, and the effect that a surplus toward Japan increases was affirmed.
To double, and China-bound export of Japan will be instigating of the enlargement according to it in the dimension of Chinese economy when ten years will be viewed in the future.

Recently, the power of export for China from Japan becomes strong, and a trade balance that is the deficit up to now toward China has decreased the degree of deficit suddenly.
When it leaves data in confirmation Shite through Ministry of Finance "Trade statistics", a trade of Japan toward China :.
The degree of deficit changes with 2.2 trillion yen per 2007 calendar year, 1.88 trillion yen per 2008 calendar year, 1.2 trillion yen per 2009 calendar year, and 482 billion yen fiscal year 2009 (382.1 billion yen in May, year of ─2010 of June, 2009 of Naochika).
It can be understood that this trend is the same as raising exports after Remanshocc shape that Japan company responds to the increasing domestic demand of Asian major nations while an Asian economic environment recovers one's form in 2009.

To see ..this movement.. more minutely, the change in breakdown Shite and revenue and expenditure was examined about the China trade the by item.
Then, a big transportation equipment of the amount becomes 2009 beginning of the year in the item and it contributes in the direction of the surplus.
Moreover, movement that it was chased, it became the latter half of 2009 years as running, and non-electrical machinery is changed into the direction of the surplus was seen.
On the other hand, the Su power change that comes here as the revenue and expenditure repeats the deficit and the surplus is not seen as for Electric Machine that occupies big weight in another one visible trade.

It can be understood that the sudden decrease of the trade deficit after 2009 happens because a machinery investment increase that receives activation of the car consumption in China and vigorous domestic capital investment is reflected, and the increase of export of the transportation equipment and non-electrical machinery advanced when guessing from a series of movement of these by items.
Automobile industry..machinery industry..both..expand..Chinese market..aiming at..sales network..enlargement..make efforts..China..the..yield..raise..calositas..trade deficit..moderation..appear.

http://special.reuters.co.jp/contents/insight/index_article.html?storyID=2010-07-23T044218Z_01_TK0413599_RTRIDST_0_ZHAESMA14866.XML


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