Second meeting of the Tokyo Global Financial Center Promotion Council

On Monday, June 29, Governor Masuzoe attended the second meeting of the Tokyo Global Financial Center Promotion Council, which is made up of officials from the Tokyo Metropolitan Government, central government, Bank of Japan, and financial industry groups.

Greeting members of the council at the start of the meeting, the governor said, “With competition between cities also becoming intense, I believe that Tokyo must serve as the engine that drives Asia’s economy. To do so, we must gather money, information, and human resources from around the world. It is important for the world to know that if you come to Tokyo, there will be numerous business opportunities, and that you can generate wealth here. We are currently advancing the formulation of our plan for public fund management, which takes into account the listing of TMG foreign currency bonds on the TOKYO PRO-BOND Market and revitalization of international financial markets. I want to put Japan’s financial nerve center—the area that includes the Otemachi district and Kabuto-cho where the Tokyo Stock Exchange is located—on the map, and have it known as “Tokyo Financial Street.” Today, I look forward to sharing a range of information on the progress of initiatives and the roll-out of future ones.”

At the meeting, discussions on topics such as the state of financial markets and initiatives for the Tokyo Global Financial Center concept were held. In addition, the expansion of subcommittee activities, including those related to the vitalization of business hubs and the cultivation of globally-minded talent, was also discussed.