JapanEconomyThe main reason for the decline is not the exchange rate issueDemographic issues, but the relative decline in industrial competitiveness. Although developed countries generally have a large number of mid-to-high-end industries, the differences lead to different industrial advantages and the depth and width of moats in different countries. Japan, Germany, and South Korea are concentrated in manufacturing, while the UK relies on finance, and Italy relies on clothing, luxury goods, and tourism. The industrial advantages of each country determine itEconomyDevelopment path and competitive advantage. However, with the globalizationEconomychanges in the pattern and othersThe Rise of Nations, Japan's manufacturing advantage is gradually declining in relative position.
Manufacturing is a core industry in Japan, Germany, and South Korea, especially in JapanToyotaAutomobiles are the leading sales leader in the global automotive market. However, thoughToyotaThe fact that cars sell the most cars, but the revenue has been suppressed by the German Volkswagen, which indicates that the unit price of cars produced in Germany is higher and the audience is different. In addition, Germany is also more high-end than Japan in other manufacturing industries such as machine tools and motors. At the same time, the manufacturing industry in developing countries has climbed from the low-end to the mid-to-high-end, making countries close to the low-end bear the brunt of the impact. Therefore, the impact of the rise of China's auto industry on Japan is particularly obvious. Japanese car sales have plummeted in China, and Japanese home appliance brands, which were once smash hits in the Chinese market, are gradually marginalized. This decline in relative competitiveness has led to Japan as a wholeEconomyEven if it remains at around $5 trillion, it becomes inadequate.
Another reason is to be in the sameGeographyCountries in the region tend to choose similar industries, which leads to a higher degree of overlap in industries. China, Japan and South Korea are all big countries in the automobile industry, the top three in the global shipbuilding industry are also China, South Korea and Japan, the top three in the global power battery are also China, South Korea and Japan, and the three countries are all big producers of household appliances and so on. As the most powerful developing country in the world, China has a greater impact on the industries of other countries in the process of achieving its own development. Japan bore the brunt. Moreover, India, as one of the most populous countries in the world, has a low level of developmentEconomyThe growth rate is high, and it is expected to surpass Japan to become the fifth largest in the world within five yearsEconomyBody.
JapanEconomyThe reasons for the decline are complex and diverse, not only involving differences in the advantages and disadvantages of the industry, but also affected by the worldEconomypattern of influence and other developmentsThe Rise of Nations。From it can be seen a countryEconomyDevelopment is closely related to the competitiveness of its industry. Countries with a high degree of industrial overlap are more likely to compete with each other, and at the same time, they are more susceptible to the impact of other countries. GloballyEconomyUnder the trend of integration, between countriesEconomyCloser ties to any countryEconomyIt is impossible for them to exist independently of other countries.
For Japan, it is necessary to maintain and improveEconomystrength, we need to continuously improve our industrial competitiveness and innovation capabilities. Especially in the field of manufacturing, we should pay attention to technology research and development and product quality improvement, and increase added value in order to obtain higher market pricing power. At the same time, we will look for new development opportunities in the global market, broaden the export market, and improve the competitiveness of export products. In addition, it can also strengthen cooperation with other countries to jointly develop innovative technologies and expand emerging industries to achieve mutual benefit and win-win results.
All in all, JapanEconomyIt slipped to the fifth largest in the worldEconomyThe ** of the body is not without reason. The decline in industrial competitiveness as wellGeographyThe degree of overlap in the industries of the region is relatively high, and it is all given to JapanEconomyDevelopment brings challenges. However, as a possession of powerfulTechnologyJapan can still achieve this by actively responding to these challenges and focusing on technology research and development and market expansionEconomyof the rise again. Ultimately, it will be decided how Japan will improve its competitiveness, promote industrial upgrading, and cooperate with other countriesEconomyA key factor in the direction.