China is making daily breakthroughs in areas of major international competition, including high speed rail, renewable energy and electricity-generating equipment (both wind and solar) and biotech, as well as in a host of other cutting-edge industries. How has China's unique organizational structure contributed to these remarkable achievements? The course will examine how the Chinese system developed, China's current approach to State Planning and industrial policy, the strengths and weaknesses of the existing Chinese system and where it may be headed in the future.