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Compare and contrast China's newest economic regions: the Special Economic Zones (SEZs), Open Cities, and Open Coastal Areas. What is the purpose of each regional type? Show how each contributes to the Pacific Rim developments that are currently affecting much of China's seaboard.
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Compare and contrast China's newest economic regions: the Special Economic Zones (SEZs), Open Cities, and Open Coastal Areas. What is the purpose of each regional type?
SEZS: refer to the Chinese coastal manufacturing and export centre, established in the 1980s and 1990s. The main aim is to attract foreign investments and technology transfers through special tax benefits and additional economic incentives (low land and labour costs). They are Shenzhen, Zhuhai, Shantou, Xiamen, Hainan Island, Pudong (Shanghai)
distinguish between net terms of trade and gross terms of trade
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