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LDP wins Japan's general election by a landslide

(Xinhua)

08:58, December 17, 2012

TOKYO, Dec. 17 (Xinhua) -- Japan's Liberal Democratic Party ( LDP) won by a landslide in Sunday's House of Representatives election as it solo secured 294 seats in the election.

The LDP's key ally, the New Komeito Party, got 31 seats, helping the two-party coalition gain 325 seats in the lower house.

The president of the LDP, ex-Prime Minister Shinzo Abe who is expected to reclaim the premiership soon, said his party's victory is due to failure of the Democratic Party of Japan (DPJ), which is ruling the country over the past three years.

"People thought they should put an end to the government of the DPJ. Therefore, people have to say no to the DPJ government," Abe said in a press conference.

He said Japanese people are watching closely to see if the LDP can really respond to their expectations. "So we should try to live up to the expectations," Abe added.

Candidates of the LDP celebrated on Sunday for their return to power with "banzai" shouting in many campaign offices across the country.

As for the top priority of the LDP, Abe said his party will combat the country's long-lasting deflation. "It is our campaign pledge."

"Economy is in a very dangerous situation and it comes a declining year on year. We need to change the situation," Abe said, adding his party will bring economic recovery back to Japan.

Abe also said he needs a new central banker who would agree with the LDP's introducing of inflation target after current central banker Masaaki Shirakawa stepped down in April so as to curb the country's chronic deflation.

In order to revise the country's pacifist constitution, Abe said it needs two thirds support both in the lower house and the upper house. Therefore, the LDP will seek cooperation with the Japan Restoration Party in the direction.

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