Osaka Prefecture and the city of Osaka on the 4th published an interim report setting out what they will propose to the national government as they seek designation as a sub-capital, at a meeting of their sub-capital promotion headquarters.
The report proposes placing "the functions and personnel that carry the nation's core from peacetime" in Osaka, so that they can operate continuously, in preparation for a disaster in the Tokyo metropolitan area. It also commits to sustained economic growth and to aiming to be "a number-one sub-capital in both name and substance."
On economic policy, the report is billed as a "sub-capital regulatory reform package" and states that "multiple regulations will be reviewed in a single batch." It cites labor and medical regulations as examples. It also stresses that the special zone system will be "deepened," and says corporate-related taxes will be reduced or exempted for companies in growth-priority sectors that newly move into the sub-capital.
On standing in for the capital's functions, the report calls for national agencies to be dispersed.