Abstract
The ultimate aim of the 1994 Automotive Industrial Policy (hereafter the ’94 AIP) was to remake the Chinese auto sector into a modern and complete auto industry, and transform it into a pillar industry (zhizhu chanye), an engine of growth and modernization for the entire economy. The ’94 AIP also revealed that the Chinese government would rely strongly on foreign investment. However, its call for the formation of an “independent” (zizhu) auto industry indicated that Chinese authorities would continue to pursue national self-reliance as a longer-term goal. While central leaders, local leaders, and leading auto executives no longer clung to an autarkic version of self-sufficiency, they did not abandon the idea of building a strong national auto industry, which included homegrown brands (zizhu pinpai) and indigenous models.
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Notes
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© 2010 Gregory T. Chin
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Chin, G.T. (2010). The Automotive Industrial Policy. In: China’s Automotive Modernization. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230248540_5
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DOI: https://doi.org/10.1057/9780230248540_5
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