PANews reported on August 28 that according to Coinpost, Japanese Minister of Economy, Trade and Industry Ken Saito attended the Web3 Conference "WebX 2024" and delivered a speech. Ken Saito pointed out that the world has ushered in a historic turning point and entered an era of international competition in industrial policies, so he hopes to actually obtain opportunities for economic growth. He proposed a vision for Japan to become a "world creative center" and formulated a strategy to leverage Japan's advantages and make full use of the DX and GX fields to earn income from the world. He also emphasized the importance of Web3 technology and mentioned the implementation of tax and legal reforms to support start-ups, as well as support for the creation of future use cases. Ken Saito praised the huge potential of Japan's Web3 and blockchain fields and said he intends to create an environment that attracts entrepreneurs and developers from all over the world. He finally expressed the hope that this conference will bring about radical innovation.