Home > Terms > English, UK (UE) > Special economic zones

Special economic zones

Small coastal areas established beginning in 1979 to promote economic development and introduction of advanced technology through foreign investment. Special preferential terms and facilities are offered to outside investors in taxation, land-use fees, and entry and exit control for joint ventures, cooperative ventures, and enterprises with sole foreign investment. Special economic zones have greater decision-making power in economic activities than provincial-level units. Market regulation is primary.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Health care Category: Surgery

Face transplant

A face transplant is a medical surgery that replaces all or parts of an individual's face. This surgery treats people with facial disfigurement due to ...

Contributor

Featured blossaries

Acquisitions made by Apple

Category: Technology   2 5 Terms

Popular Hair Styles for Black Women

Category: Fashion   1 9 Terms