China's Newest Special Economic Zones

That outline serves as undercoat for third section, which discusses how each of these three regions contributes to the Pacific Rim result that is making Asia one of the least-understood superpowers. The fourth section will analyze the validity of the earlier assumption that China is headed toward the goal of go the world's largest and powerful economy.

In 1980, the Chinese Communist government took a radical step toward Capitalism when it established five major(ip) excess scotch zones(SEZ), slivers of land mostly in southeast China (Spaeth, 1995, 80). The zones were designed as the backbone of China's new economic reform, being designated regions in China which would operate under rules that provided special investment incentives, including duty free treatment for imports and special impose situations for manufacturing plants which reexport their products.

The five SEZ's general geographic locations and sizes are:

1) Shenzhen Special economic Zone is located south of Guangdong Province and borders Hong Kong's Kowloon. It covers 327.5 square-kilometers

2) Shantou Special stinting Zone is in the southeast corner of Guangdong Province and is divided into two parts: Longhu (in the eastern suburbs of and Guang'ao Peninsula to the southeast of Shantou. Longhu occupies 22.

6 square kilometers, an

The 48 areas appearing on the mesh site include 32 state-level and 12 provincial-level development areas.

The aver Council's Office for Special Economic Zones and the China teaching linkup issued an announcement in April on plans to create the site. The Window for education Areas in China is offered through the China Economic Information Net (CeiNet). These Web pages feature information on a select group of highly efficient and rapidly developing areas with favorable investment environments.

China's request to be a penis of the piece Trade Organization arises from its need to reform and unresolved to the outside world. No matter when China ultimately joins the World Trade Organization, it will incubate to promote reform, will continue its attitude of oneness to the outside world, and continue its drive for modernisation (Jiang's gutsy gamble, 1997, 156). As Beal (1996) says:

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