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Interpreting the Recent Central Financial and Economic Affairs Commission Meeting

Pekingology

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The New Twist in China's Industrial System

I don't see anything that indicates a major new twist. I think it's just more doubling, tripling, whatever you want to call it down on making breakthroughs in innovation. Is the sort of EV success China's having sort of what they would like to be? I think that's probably right. Innovation breakthroughs and key technologies like battery, which then is going into Chinese firms, which are then out dominating in global markets.

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