industrial champions benefit their

industrial champions benefit their

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European policymakers should focus on existing regional powerhouses—like the central European industrial heartland—and make a bold move on integration and experimentation, complementing the EU-wide actions. Rampant subsidies certainly provided China with a head start, but now its industrial champions benefit from their own extremely robust, flexible and integrated industrial network of suppliers. For example, this enables Chinese carmakers to achieve extremely rapid production cycles—they are able to produce new car models in several months rather than years—and deploy innovation fast, as with the famously quick introduction of the DeepSeek AI application into Geely cars. Europeans should recognise that they already have the basis to create something similar. สล็อตเว็บตรง