3 ms·
It's a pretty straight forward play book at this stage 1. CPC identifies strategic industry and sets national objective. 2. Local governments come up with pol
by hunglee2 1y ago
It's a pretty straight forward play book at this stage
1. CPC identifies strategic industry and sets national objective.
2. Local governments come up with policy support at provincial level
3. Private companies emerge to eat the subsidies / support
4. This triggers intense domestic competition
5. Winners become national champions and go global / Losers go global anyway to try and find a market to win.
Rinse and repeat on every industry you care about.