Economic and Technological Development Zones in China Economic and Technological Development Zones (ETDZ) are Specially dedicated and deliberately planned locations to increase technology-intensive industries by giving out government funding or rewards to investments in the industrial sector as well as emerging industries. Around the 84s China formally opens up 14 harbor cities. As China uninterrupted…
Economic and Technological Development Zones in China
Economic and Technological Development Zones (ETDZ) are Specially dedicated and deliberately planned locations to increase technology-intensive industries by giving out government funding or rewards to investments in the industrial sector as well as emerging industries. Around the 84s China formally opens up 14 harbor cities.
As China uninterrupted kept growing and continued to open its markets, additional Economic and Technological Development Zones were set up in other locations throughout China. Presently, there are over a hundred Economic-Technological Development Zones in China. Some Zones contain high-tech industrial development zones, export processing zones, or bonded zones.
Find more in the about different Development Zones in China on China Business Knowledge
- Special Economic Zones (SEZ)
- Economic and Technological Development Zones (ETDZ)
- High-Tech Industrial Development Zones (HTDZ)
- Free Trade Zones (FTZ)
- Export Processing Zones
- Bonded Logistic Zones
- Cross-Border Economic Zones
China Special Economic Zones (SEZ) There are presently six SEZs in the PRC. In the 80, the first special economic zone in China was set up in Shenzhen near Hong Kong, which included four districts and covered about 400 square kilometers. Purposely designed policies utilize special privileges to attract foreign investors, such as additional autonomous…
China Special Economic Zones (SEZ)
There are presently six SEZs in the PRC. In the 80, the first special economic zone in China was set up in Shenzhen near Hong Kong, which included four districts and covered about 400 square kilometers.
Purposely designed policies utilize special privileges to attract foreign investors, such as additional autonomous governance, tax incentives, and further favorable programs were launched, and commercial, financial, and extensive tourism attractions also were constructed to provide for overseas investors.
China duplicates this scheme in other locations, allowing Special Economic Zones to take advantage of new self-government rules in introducing new legislation supportive to the Special Economic Zones. These environments, the Special Economic Zones managed to grow and are now exceptionally interesting targeted foreign investment.
In 2008 Reforms ended most of the Special Economic Zones special tax incentives.
Other development zones as economic and technological development zones, bonded zones, and export processing zones have been set up within SEZ’s.
Find more in the about different Development Zones in China on China Business Knowledge
- Special Economic Zones (SEZ)
- Economic and Technological Development Zones (ETDZ)
- High-Tech Industrial Development Zones (HTDZ)
- Free Trade Zones (FTZ)
- Export Processing Zones
- Bonded Logistic Zones
- Cross-Border Economic Zones