According to PANews, Japanese Minister of Economy, Trade and Industry Takeshi Saito attended the Web3 conference "WebX 2024" and delivered a speech. 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 gain opportunities for economic growth.

He proposed a vision for Japan to become the "world's creative center" and developed a strategy to leverage Japan's strengths and make full use of the DX and GX fields to earn revenue from the world. He also emphasized the importance of Web3 technology and mentioned the implementation of tax and legal reforms to support startups, as well as support the creation of future use cases.

Saito praised the huge potential of Japan's Web3 and blockchain sectors and said he intends to create an environment that attracts entrepreneurs and developers from all over the world. He concluded by expressing his hope that this conference will lead to radical innovation.