China's Centralized Industrial Order

China's industrial reform has traditionally been depicted as the dissolution of central party state control and the development of an increasingly open, market-oriented, decentralized system, adhering to the standards of liberal market economy. This book, on the other hand, argues that these narratives are partial and misleading in that they ignore the persistence of an adaptable centrally controlled industrial governance system. The book examines the nature of this system, showing how China has been continuously experimenting with new practices, how institutions have evolved, and how, overall, China's industrial reform is a diverse, multi-faceted and adaptable process.