Six months after the destructive earthquake and tsunami in Japan, the yen still continues to skyrocket. In August this year, the government participated in the foreign exchange market to gain an all-time high foreign reserves value of $1.22 trillion.

Japanese Prime Minister Yoshihiko Noda urges the ruling Democratic Party to come up with better strategy for Japan's revival.

Keidanren, Japan's Business Federation proposes a review of energy policy and stability of foreign exchange rates as a counter measure to boost Japan's competitiveness, which is the foundation of business operations.

A Japanese Web site, asahi.com says Keidanren aims for an annual real growth of two percent in GDP in the next ten years. The goal has been published in its Growth Strategy 2011, which Keidanran wishes to forward to the ruling Democratic Party for incorporation of government strategy.

Included in the Growth Strategy are a score of strategies to stabilize foreign exchange rates and reducing inflation. Keidanren's spokesperson told AFP and AP these two factors are essential for Japan to remain competitive internationally without exporting company operations.

Asahi.com says the Keidanren also proposes strategies such as strengthening economic alliances like the trans-pacific partnership free trade initiative, making the necessary adjustment to employment policy to suit the changing labor market; reducing corporate tax, and a review of environmental policies like energy's.