The Role of Industrial Policy: A Discussion Through its Application in China

  • Starts: 9:00 am on Wednesday, January 19, 2022
  • Ends: 10:00 am on Wednesday, January 19, 2022

Adopted systematically by mostly East Asian economies, industrial policy is a tool of state intervention in managing economies that has been controversial in the context of development economics since World War II. In this webinar, Zhu Xian, Vice President & Secretary-General of International Finance Forum and former Vice President & Chief Operations Officer of the New Development Bank, will share some observations of recent practices of industrial policy as it has been applied in China. He will examine industrial policy at the local level and through the lens and experiences of the New Development Bank, a multilateral development bank established by the five so-called ‘BRICS’ nations of Brazil, Russia, India, China, and South Africa. The discussion seeks to enhance understanding of Chinese decision makers’ fundamental logic and motivations, especially at local levels, and advance discussion of the pros and cons of industrial policy in practice.

Join us on Wednesday, January 19, for a discussion on the role of industrial policy and its application in China, featuring Zhu Xian. This webinar is part of the Spring 2022 Global China Research Colloquium.