3min chapter

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Chinese Policymaking Made Easy with Trivium China

ChinaTalk

CHAPTER

The Importance of Outsourcing in Industrial Policy

Pingjai: The idea of regulatory capture is more complicated in China because often if we're talking energy, it's a state-owned industry to begin with. So you don't have a lot of private companies coming in and telling the government how much natural gas they should use. It is the big national oil companies and it is actually even think tanks associated with the ministries that are writing the policies.Pingjai: I mean, sorry, you guys actually don't have to help me get a job. I'm just going to start writing a policy proposal.

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