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Posts: 13

Governor

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Q: What makes China's Special Economic Zones so special?

What are the advantages of doing business in a special economic zone as opposed to other parts of China?

13 years 1 week ago in  Business & Jobs - China

 
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Posts: 226

Shifu

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Special economic policies, greater flexibility and a special economic management system that isn't allowed in the rest of mainland China.

1. Special tax incentives for foreign investments in the SEZs.
2. Greater independence on international trade activities.
3. Economic characteristics are represented as "4 principles":
1. Construction primarily relies on attracting and utilizing foreign capital
2. Primary economic forms are Sino-foreign joint ventures and partnerships as well as wholly foreign-owned enterprises
3. Products are primarily export-oriented
4. Economic activities are primarily driven by market forces

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13 years 4 days ago
 
Posts: 436

Shifu

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these are the places where capitilism is practised in a (almost) free manner.

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13 years 3 days ago
 
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