Open AccessChina's Industrial Policy, Strategic Emerging Industries and Space Law
Author(s) -
Kenderdine Tristan
Publication year - 2017
Publication title -
asia and the pacific policy studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.529
H-Index - 14
ISSN - 2050-2680
DOI - 10.1002/app5.177
Subject(s) - china , industrial policy , bureaucracy , context (archaeology) , government (linguistics) , state (computer science) , industrial district , business , economic system , heavy industry , economy , economics , market economy , international trade , political science , politics , geography , computer science , law , linguistics , philosophy , archaeology , algorithm
China's transition economy experiment continues to rely heavily on state‐driven industrial policy to structure the economy. In 2016, five‐year plans on strategic emerging industries were formed by State Council ministries and transmitted to lower levels of government bureaucracy. Building on existing industrial geographic complementarities and technology clusters, developments were expected to dovetail with broader 13th Five‐Year Plan and Made in China 2025 industrial policy trajectories. This article explores the policy program of industrial upgrading and innovation in national strategic emerging industries, regional innovation and industrial cluster plans, space and ocean industrial strategies and places China's policy trajectories for industrial development, technology innovation and upgrading in context of institutional economic analysis.