RUC NADS Held “China’s Industrial Policies: Retrospect, Reflection and Prospect” Lecture

On November 28, 2018, Gu Qiang, Senior Vice President of China Fortune Land Development Co., Ltd. and Dean of the Chinese Academy of Industry Economy Research was invited to have a lecture of “China’s Industrial Policies: Retrospect, Reflection and Prospect” at room 2102 of Public Teaching Building, RUC. The lecture moderated by Nie Huihua, Deputy Dean of NADS is the 5th seminar on “To Face the Real World” Lecture series held by National Academy of Development and Strategy, RUC.

Gu Qiang introduced the meaning and types of industrial policies and evaluated the effects of industrial policies of textile industry, steel industry, automobile industry and other two industries from different perspectives and aspects. Gu offered several insights to solve the problems found in retrospect of the past industrial policies. From the operational level, industry policies must figure out what are the things need to be encouraged, limit or banned.

Based on personal experiences, Gu also offered some opinions on three important questions: how to prevent market distortion? How to avoid inconsistency in policies? And how to implement China’s industrial policies with the principle of “competitive neutrality”?

Deputy-dean Nie Huihua asked such questions as “how does China make its industrial policy?” and Gu explained them in details, from which the students are greatly benefited.