China, Solar, Industrial policy, Economics

Evaluating the success of China's solar industrial policy

China’s solar success gives hope for industrial policy, but it cannot necessarily be replicated in all sectors. Part of the success is likely because solar is a relatively young, high-tech industry, with more opportunities for learning than a more mature industry such as shipbuilding (Kalouptsidi 2018). These results tell us that China's solar subsidies worked for Chinese citizens. What they did for the world remains an open…