Kagoshima Prefecture Japan Tenders

Kagoshima Prefecture Japan tenders and business opportunities. Access latest Kagoshima Prefecture bids, market research and procurement analysis. Global tenders publishes domestic and international tenders, projects and contract awards for Kagoshima Prefecture and more than 500 tendering authorities from Japan.

The economy of Japan is a highly developed free-market economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity. It is the world's second largest developed economy. Japan is a member of both the G7 and G20. The Nikkei 225 presents the monthly report of top blue chip equities on the Japan Exchange Group, which is the world's third-largest stock exchange by market capitalisation. In 2018, Japan was the world's fourth-largest importer and the fourth-largest exporter. It has the world's second-largest foreign-exchange reserves, worth $1.3 trillion. It ranks 29th on Ease of doing business index and 5th on Global Competitiveness Report. It ranks first in the world in the Economic Complexity Index. Japan is also the world's third-largest consumer market. Japan is the world's third largest automobile manufacturing country, and has one of the largest electronics goods industries. It is often ranked among the world's most innovative countries, leading several measures of global patent filings. Facing increasing competition from China and South Korea, manufacturing in Japan currently focuses primarily on high-tech and precision goods, such as optical instruments, hybrid vehicles, and robotics. Besides the Kanto region, the Kansai region is one of the leading industrial clusters and manufacturing centers for the Japanese economy. Japan is the world's largest creditor nation. Japan generally runs an annual trade surplus and has a considerable net international investment surplus. Japan has the third largest assets in the world, valued at $15 trillion, or 9% of the global total as of 2017. The country is the third largest in the world by total wealth. The Japanese economy faces considerable challenges posed by an aging and declining population, which peaked at 128 million in 2010 and has fallen to 125.9 million as of 2020. Projections show the population will continue to fall, potentially to below 100 million by the mid of the 21st century.

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