As regards domestic private demand, housing investment is on a moderate declining trend, and recovery in private consumption continues to be weak through lack of notable improvements in employment and income conditions. Meanwhile, business fixed investment continues to increase gradually. Reflecting such developments in final demand, industrial production is increasing, and corporate profits and sentiment continue to improve.
This is sometimes critical for the ability of every individual to improve his or her situation in life. Precisely because education is immensely important for the long term, it already should be encouraged at the present time. Today more than ever, it is clear that higher education is another field that needs a rethinking.