Is Shijinping's Industrial Policy in the West?

This story sits now in 20 21, after ten years of shijin ping. It almost seems to me like shejin ping is aware of some of the weaknesses and gaps of industrial policy. And so it seems that there's quite a concerted effort now to sort of reforge industrial policy. Do you see these kind of structural limitations of political guidance of capital that comes through industrial policy? Or do you see these as enduring weaknesses in the system that will act as a drag productivity and growth?