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Decentralized Mayors, Centralized State
- China pairs political centralization with economic decentralization to fuel rapid local experimentation and growth.
- That mayor-driven model enabled pilots to scale quickly and produced widespread regional innovation.
Hefei's Bet On Nio
- Hefei courted Nio, took equity and coordinated suppliers to revive the EV maker and spur a local EV cluster.
- The city built battery and component suppliers, creating a mini Silicon Valley for EVs in months.
State Capacity Enables Fast Structural Shifts
- China's state capacity excels at rapid mobilization, allocating resources and even allocating losses for big national shifts.
- That capacity drove greenfield successes like EV infrastructure at a scale Western states have not matched.