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Sixth Science, Technology, and Innovation Basic Plan to invest 30 trillion yen in R&D

  • March 27, 2021
  • , Nikkei , p. 4
  • JMH Translation

The 6th Science, Technology, and Innovation Basic Plan, which sets out the Japanese government policy on science and technology, was approved by the Cabinet on March 26. The plan aims to infuse a total of 30 trillion yen in research and development in the five years from fiscal 2021 towards initiatives for societal change, such as decarbonization and digital transformation. (Abridged)

 

                   Major items in the 6th Science and Technology Basic Plan

Invest a total of 30 trillion yen in government funds and 120 trillion yen in public-private funds in research and development over the next five years.

Establish a 10 trillion yen fund to support university research and development and human resource development.

Establish a 2 trillion yen fund to support corporate research and development toward decarbonization.

Triple the number of doctoral students receiving a stipend for living expenses.

Develop a data collaboration platform to support innovation.

Develop guidelines for collaboration with foreign companies.

 

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