Epzsez in Mainland China

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Abstract

China's record economic growth rate fuelled by the Special Economic Zones (SEZ) and Export processing zone (EPZ). Primarily geared to exporting processed goods, the special economic zones are foreign-oriented are as which integrate science and industry with trade, and benefit from preferential policies and special managerial systems. The SEZ and EPZ has created good relation with neighbour and bring out the foreign investment into there country. In addition it has given economic freedom and external relationship has smoothened for the purpose of easy marketization and opening to the outside world.Through this article we will come to know about the location, leadership, policy and institutional arrangement helped out account for the success of china SEZ.

Key words: China economic development through SEZ and EPZ.

Introduction

Till late 1970 china, still a developing country decade after a revolutionary regime change in 1949 was dire need of...