The Soviets decided where the factories were built, how much to invest, in whom, what the products would be, quotas, volumes, suppliers, quality, etc. etc..

The Chinese gov. is mostly centrally planning strategically, i.e. with investments, loans, subsidies, de-facto monopoly rights - which is another thing entirely.

In some ways, what the Chinese are doing is kind of like what Japan, S. Korea and even Europe did after the war.

But it's likely they are heading into a 'different stage' now where that doesn't work so well.

Also, Foxconn is Taiwanese, worth noting.