Major economies around the globe are tackling the Fourth Industrial Revolution with different initiatives. The report highlights “Society 5.0” and “Made in China 2025” in further detail, identifies the challenges, compares the two initiatives and provides an outlook.
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The agricultural sector in Japan is facing acute labour shortages, which are anticipated to get worse in the coming years. Furthermore, the age group involved in farming is prevalently over 65 years old - with 60% of farmers older than 65 - and farmers are having troubles to find successors for…