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Lessons from China and India
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China: more traditional labour intensive export strategy
India: a new knowledge intensive service export strategy
Traditional Industrial policies from both China and India
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Protection of infant industries
Direct state ownership
Selective credit allocation
Favourable tax treatment to specific industries
Tariff and non-tariff barriers to imports
Restrictions on FDI
Local content requirements
Special IPR policies
Government procurement
Promotion of large domestic firms
SMEs: reserved by law certain products
Massive investment in Higher Education