CHINA SYSTEM · OPERATING LOGIC
Read the concept through its operating structure
The chain-chief system coordinates government
Chain-chief systems typically organise local-government powers around an industry chain, while other policy contexts may assign the same role to a central SOE.
Anchor firms organise the real supply chain
Anchor firms usually coordinate suppliers through orders, specifications, quality, data and delivery rules; some regions also allow research bodies or associations, so designation alone does not prove the role.
Innovation platforms and specialists connect capability
Some regions use chain-innovation platforms to connect research institutions and innovation centres to anchor-firm problems, while specialist SMEs fill narrow bottlenecks.
Policy can organise a chain but cannot replace demand
Matching, funds, subsidies, parks and joint R&D lower search costs but cannot replace anchor procurement budgets, validation, minimum orders, payment terms and switching rules.
Korea must choose its role in the chain
Korean firms should decide whether they are product competitors, critical suppliers, co-development partners or third-market partners, and verify real procurement evidence.