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In what ways is the Chinese case a good example of the developmental state model? 2023
In what ways is the Chinese case a good example of the developmental state model?
In what ways, China’s development is similar and/or different from the state development
model?
2 pages Double spaced Scholarly sources. Now
The Chinese case
serves as a compelling example of the developmental state model due to several key factors.
Firstly, the Chinese government has exhibited a high level of intervention and control in
economic planning and policy formulation. The state has actively guided and directed economic
development through the implementation of long-term strategic plans, such as the Five-Year
Plans, which set targets and priorities for various sectors of the economy.
Secondly, the Chinese government has effectively utilized industrial policy to promote targeted
sectors and industries. This includes providing financial incentives, subsidies, and preferential
treatment to strategically important industries, such as telecommunications, high-tech
manufacturing, and renewable energy. By actively supporting and nurturing these industries, the
Chinese state has played a crucial role in their rapid development and global competitiveness.
Furthermore, the Chinese government has maintained a strong focus on infrastructure
development. Investments in transportation networks, energy systems, and telecommunications
infrastructure have been key priorities, facilitating economic growth and regional integration.
The state has played a central role in funding and coordinating these infrastructure projects,
ensuring their timely completion and contributing to overall economic development.
Moreover, the Chinese government has implemented policies to promote technological
innovation and enhance domestic capabilities. This includes initiatives to boost research and
development, intellectual property protection, and the acquisition of advanced technologies. By
actively supporting innovation, China has sought to transition from being a manufacturer of low-
cost goods to becoming a global leader in technology-intensive industries.
Additionally, the Chinese state has pursued an export-oriented growth strategy, leveraging its
low-cost labor, large domestic market, and favorable business environment to attract foreign
direct investment and boost exports. This approach has propelled China’s integration into global
value chains and contributed to its economic rise.
Overall, the Chinese case exemplifies the developmental state model by demonstrating strong
state intervention, industrial policy implementation, infrastructure development, technological
innovation, and export-oriented growth strategies. These factors have enabled China to achieve
remarkable economic transformation and emerge as a major global player in the 21st century.
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In what ways is the Chinese case a good example of the developmental state model doc 29.docx

  • 1. In what ways is the Chinese case a good example of the developmental state model? 2023 In what ways is the Chinese case a good example of the developmental state model? In what ways, China’s development is similar and/or different from the state development model? 2 pages Double spaced Scholarly sources. Now The Chinese case serves as a compelling example of the developmental state model due to several key factors. Firstly, the Chinese government has exhibited a high level of intervention and control in economic planning and policy formulation. The state has actively guided and directed economic development through the implementation of long-term strategic plans, such as the Five-Year Plans, which set targets and priorities for various sectors of the economy. Secondly, the Chinese government has effectively utilized industrial policy to promote targeted sectors and industries. This includes providing financial incentives, subsidies, and preferential treatment to strategically important industries, such as telecommunications, high-tech manufacturing, and renewable energy. By actively supporting and nurturing these industries, the Chinese state has played a crucial role in their rapid development and global competitiveness. Furthermore, the Chinese government has maintained a strong focus on infrastructure development. Investments in transportation networks, energy systems, and telecommunications infrastructure have been key priorities, facilitating economic growth and regional integration. The state has played a central role in funding and coordinating these infrastructure projects, ensuring their timely completion and contributing to overall economic development.
  • 2. Moreover, the Chinese government has implemented policies to promote technological innovation and enhance domestic capabilities. This includes initiatives to boost research and development, intellectual property protection, and the acquisition of advanced technologies. By actively supporting innovation, China has sought to transition from being a manufacturer of low- cost goods to becoming a global leader in technology-intensive industries. Additionally, the Chinese state has pursued an export-oriented growth strategy, leveraging its low-cost labor, large domestic market, and favorable business environment to attract foreign direct investment and boost exports. This approach has propelled China’s integration into global value chains and contributed to its economic rise. Overall, the Chinese case exemplifies the developmental state model by demonstrating strong state intervention, industrial policy implementation, infrastructure development, technological innovation, and export-oriented growth strategies. These factors have enabled China to achieve remarkable economic transformation and emerge as a major global player in the 21st century. Order an assignment through this link: https://intel-writers.com/