Abstract: With new round of scientific and technological revolution and the rise of industrial revolution, new industries and new business models continue to emerge, which provides important opportunities and challenges for Japan to take advantage of new technology to solve the problems in domestic economic and social development. From its strategic layout to cope with the new technological revolution and the new industrial revolution, we find that the effects of structural reforms in Japan over the past 20 years have been gradually released. Under the strategy of the socalled “super smart society” establishment, Japan’s institutional innovation mechanism is further focusing on more sustainable goals of industrial restructuring and social transformation, which shows a stronger policy synergy. The implication of Japan’s experience for China is that the Chinese government should increase input in science and technology innovation, industrial upgrading and social transformation so as to accelerate the achievement of the leapfrog development from “followers” to “leader”.

Key words: Super Smart Society (Society 5.0), technological revolution, industrial revolution, structuring Reform