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The Special Economic Zones of China (SEZ) are designated zoned areas in China with unique economic policies and regulations often for business with foreign nations and enterprise. These zones typically foster more free-market -oriented business regulations compared to the rest of the country.
The Shenzhen Special Economic Zone (Chinese: 深圳经济特区) is a special economic zone (SEZ) of China. One of four special economic zones (SEZ) established in May 1980, it was the first SEZ created by Deng Xiaoping , [ 1 ] and, like the other three zones, was modeled after Ireland 's Shannon Free Zone .
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration.
China’s AI startup DeepSeek triggered a tech sell-off today as investors panicked over fears of a cheaper open-source large language model, raising concerns about the US’s AI dominance.
Free-trade zones have more recently been also called special economic zones in some countries. Special economic zones (SEZs) have been established in many countries as testing grounds for the implementation of liberal market economy principles. SEZs are viewed as instruments to enhance the acceptability and the credibility of the transformation ...
A China-owned special economic zone in Cambodia has denied that its firms have been fined by the United States for transhipping goods from China in a bid to dodge U.S. President Donald Trump's ...
Zhuhai Special Economic Zone (Chinese: 珠海经济特区), established on 5 August 1980, is one of the five special economic zones in the People's Republic of China. Originally comprising a territory of 6.1 km 2 in Zhuhai City, it was expanded to 15.16 km 2 on 29 June 1983, and 121 km 2 on 5 April 1989.
It is similar to the special economic zones of China and elsewhere, set up to pilot market economics in a designated controlled area. Foreign currency may be used in the zone. [3] Chinese and Russian companies have invested in the special economic zone, and Mongolia joined in about 2013. [4]