In the process of industrialization and marketization, it is necessary for the governments of developing countries to have certain development functions and market-leading functions, but this function should be mainly reflected in the government’s intervention in specific industries. The reason why the single theory of government intervention and the theory of single market mechanism adjustment are difficult to explain the development performance of newly industrialized countries and regions is that their way of thinking is limited to the relationship between government mechanisms and market mechanisms. In fact, in addition to national policies and market transactions, there are also various forms of governance mechanisms that coordinate a certain industry. Since effective governance mechanisms do not exist naturally in most developing countries, they need to be gradually established and continuously improved. However, economic development cannot wait until such mechanisms are established. Therefore, in this development stage and environment, it is inevitable for developing countries that the government takes on the role of intervention in specific industries.
