Special Economic Zones and the Economic Transition in ChinaThis book examines China's economic development since 1949, with special emphasis on the economic transition of the past two decades and the role of special economic zones in this gradually evolving process. Various issues concerning the formation of the zones are explored. The performance of the zones and their impacts on the Chinese economy and the transitional path are assessed in aspects such as economic growth, structural changes, investment financing, employment and wages, technology transfers and learning, productivity gains, standards of living, trade expansion and the changing pattern of foreign investment. The implications of the special economic zones as a policy instrument to facilitate the process of economic transition and development, as well as the relevant policy issues, are examined. |
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activities agricultural Asian financial crisis Author's calculations based Beijing billion yuan China Statistical Publisher China's economic Chinese economy early economic growth economic reform economic transition employment expansion export-processing zones exports and imports firms foreign capital inflow foreign direct investment foreign investment foreign trade Free-Trade Zone Fujian funds heavy industry Hong Kong Huangpu River increased infrastructure investors Japan joint ventures labor Macao manufacturing Millions of U.S. national average national income nomic output overall ownership percentage points Percentage share pre-reform period primary sector projects Province Pudong New Area ratio reform and opening regions RMB yuan secondary sector Shanghai Statistical Bureau Shenzhen SEZ Shenzhen Special Economic Shenzhen Statistical Bureau social Source Special Economic Zone square kilometers Statistical Yearbook Table Taiwan tertiary sector Tianjin total exports transition and liberalization U.S. dollars urban utilization of foreign worker Yearbook of China Yearbook of Shanghai Yearbook of Shenzhen