Tokyo Strengths And Weakness

The Competitiveness and Strengths of Tokyo Compared to Cities around the World

Tokyo ranks high on every list of cities created by research institutions across the globe.

Tokyo is known for its outstanding market scale, accumulation of globally leading companies, substantial and punctual public transportation, excellent public safety, hospitality, and cleanliness.

In terms of the ranking of major world cities, Tokyo has long been classified as part of the second-tier group. However, recently cities in a lower position have been catching up, and Tokyo’s relative position is slipping.

Tokyo is highly regarded from the perspectives of business and economy, but it is weak in “soft” areas such as culture, cultural exchange, and the

They present an overwhelming challenge and possibly an existential threat. What’s causing it?

Japan's economy stagnated in the 1990s after its stock market and property bubbles burst. Companies focused on cutting debt and shifting manufacturing overseas. Wages stagnated and consumers reined in spending.

Once deflation set in consumers started to expect prices to fall and they delayed spending for as long as possible in order to save money. That perpetuated the problem and continued the cycle.

Japan’s ageing population is now making the problem even worse. By 2020 the country will be losing around 600,000 people a year. Getting growth from an ageing, shrinking society is difficult.

Below are stated several scenarios to seize the opportunity to strengthen Tokyo’s functions as an international financial

B- Advanced international personnel exchanges through a financial training system

• It is now more important than ever to support international personnel exchanges whereby young finance personnel can be accepted from overseas for training by utilizing our collaboration platform for the realization of Tokyo Financial City.

• The Tokyo Financial City Vision proposition requires the improvement of family unit monetary resources in a super-matured society, the reinforcing of ties with Asian nations and the utilizing of our National Strategic Special Zone structure. Specific activities would include doling out the Mayor of Tokyo Financial City to direct advancement exercises abroad, or proposing an exceptional duty motivator for Tokyo.

To conclude, since the world has turned its eyes toward Tokyo as the host of the 2020 Olympic and Paralympic Games, we have an awesome chance to exponentially build the nearness of the Tokyo showcase. On the off chance that the general population and private segments can grab this open door, practical development might be coming