Abstract
The concluding chapter provides historical and analytical perspectives on China’s strengths and weaknesses in achieving the centennial goals which have driven the long path of Chinese economic history since its opening to the world economy. The chapter raises the fundamental question: have industrial policies worked? It reviews the question against the background of a fierce academic debate “over whether China should continue to exercise the industrial policies that undergirded its rise to prominence,” as quoted scholars have noted. The chapter concludes on the emergence of a Chinese “third revolution” as a unique and differentiated policy model.
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