i'm ramin mellegard. no secret the japanese government wants to get foreign visitor numbers back up to pre-pandemic levels, but officials also hope that returning tourists will spend more than before. now, a draft plan calls for measures to push spending per visitor up 25% by 2025. it is the first time officials discussed revising japan's basic tourism strategy in six years. they want individual spending reach 200,000 yen or $1,500, an increase of $300 from 2019. now, the previous approach focused on visitor numbers. the new draft plan aims more at extracting economic benefits from tourism. prime minister kishida fumio has also set a goal for the inbound tourism industry. he says it would -- should generate 5 trillion yen or 38 bl billion dollars annually. the government plans to work out the basic plan next month. now, one hotel operator in tokyo is already taking steps to increase the appeal to wealthy foreign visitors by offering more spacious accommodation. the palace hotel introduced six remodelled s

i'm ramin mellegard.e government's nominee for bank of japan governor has told a lower house hearing he intends to stick with the massive monetary easing program. >> translator: if i am approved as governor, i would like to work closely with the government and implement appropriate policies in accordance with developments in economic activity and prices. i would also like to create a situation where wages rise structurally in tandem with efforts by businesses and government policies. i will try to achieve price stability, not temporarily but in a sustainable manner. >> structural wage increases is workers earning higher salaries after upping their skills and moving into growth industries. there is uncertainty surrounding japan's economy and those overseas. ueda said consumer prices are rising at 4%, higher than the boj's 2% inflation target. but he added the inflation is mainly cost push stemming from rising import prices, not strong demand. ueda, who is an economist, says he think the cost push factors w

i'm ramin mellegard.e told nhk that prime minister kishida fumio intends to appoint a new governor of the bank of japan. ueda kazuo. he touched on an issue many around the world are keen to know about. though he said he couldn't make comments, he added -- >> translator: for now, we should continue with the monetary easing policy. >> 71 years old and graduated from the university of tokyo in 1974. after studying at massachusetts institute of technologies graduate school, he taught at the university of tokyo's faculty of economics as professor. he served on the board of the bank of japan for a seven-year period from 1998. ueda championed the theory behind the zero interest rate policy, introduced in 1999, and k'wa quantityi quantitative easing. he intends to appoint the executive director of the boj, who is in charge of the easing program currently. also expected to be tapped is the former commissioner of the financial services agency, who led an effort to financially support struggling companies battered b