China's Industrial Policy Transformation: Theory And Practice
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A01=Hanquan Huang (National Development And Reform Commission
Author_Hanquan Huang (National Development And Reform Commission
Category=KC
China's Industrial Policy
China)
Coal Industry Policy
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Improvement Suggestion
Industrial Policy Transformation
Logistics Industry Policies
New Energy Vehicles
Theory and Practice
Product details
- ISBN 9789811224072
- Publication Date: 24 Apr 2021
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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The debate on industrial policy has been in full swing among the academic circles in the recent years. The crux of this debate is not whether China needs industrial policies, but rather, the kind of industrial policies it wants. Given the profound changes to the domestic and international environments, and institutional background during China's industrial development, industrial policies must be able to make up for 'market failures,' while avoiding 'government failures'. To this end, it is suggested to establish a 'market-friendly' industrial policy system dominated by functional industrial policies, in accordance with the requirements of building an 'interactive and cooperative' government-market relationship to help transform and upgrade China's industries.
