How Local Bureaucrats Helped Create Chinese Tech Giants
ChinaTalk
00:00
The Role of Local Bureaucrats in China's Economic Transformation
This chapter investigates the surge of foreign direct investment (FDI) in China during the 1990s and early 2000s, emphasizing the pivotal role local bureaucrats played in attracting international firms through generous incentives. It highlights the contrasting bureaucratic approaches between regions, particularly focusing on Shenzhen's inclusive policies that encourage diverse investments. Additionally, the chapter examines the dynamics of China's local bureaucracies, their evaluation systems, and the implications for innovation and industrial outcomes in a fragmented governance structure.
Play episode from 06:33
Transcript
