Over the past decade, there have been a lot of changes in
China’s economic policies. Like other developing countries which are attempting
to become more export-orientated, China has star ted to set up free trade zones.
These zones are called "Special Economic Zones" (SEZ’s) and feature various
incentives designed to encourage foreign investment. What is the significance of
these zones Have they really played an important role in the development of
significance of these zones Have they really played an important role in the
development of the economy of China In this paper I first describe the
background to the establishment of these zones. Then I describe some of the aims
and characteristics of the SEZ’s. Lastly, I attempt to assess the significance
of the SEZ’s in the development of the wider Chinese economy.
China is a (46) country and wants to become more
(47) . Special Economic Zones are designed to
encourage (48) . This paper describes not
only the background but also some (49) and (50)
of Special Economic Zones.