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Shenzhen was the first of the Special Economic Zones (SEZ) to be established by then paramount leader Deng Xiaoping. [97] [38] Back to Apr 1979, Shenzhen was reformed as a Special Export Zone to create a favorable investment environment and introduce advanced technology and management experience, later renamed to Special Economic Zone in May ...
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 .
It transformed from 126 square miles of villages into a business metropolis. [19] As seen by the table below, the ten years of economic reform from 1980 to 1990 increased population in Shenzhen by six-fold, GDP by around sixty-fold, and gross industrial output by two-hundredfold. Before 1980, Shenzhen's GDP was just 0.2 percent of Hong Kong's.
Learning from Shenzhen: China's Post-Mao Experiment from Special Zone to Model City is a 2017 collection of essays, co-edited by Mary Ann O'Donnell, Winnie Wong, and Jonathan Bach, and published by the University of Chicago Press.
[13]: 6–7 SOEs are important to domestic equity markets, accounting for about 40% of total market capitalization and 50% of company revenues on the Shanghai Stock Exchange and Shenzhen Stock Exchange. [13]: 6
The Shenzhen Experiment: The Story of China's Instant City is a 2020 non-fiction book by Juan Du, published by Harvard University Press. Du argued that there was a misconception that Shenzhen was built almost entirely by the central government when officials from Guangdong province had first advocated for the idea of making Shenzhen a " special ...
Market environment and business environment are marketing terms that refer to factors and forces that affect a firm's ability to build and maintain successful customer relationships. The business environment has been defined as "the totality of physical and social factors that are taken directly into consideration in the decision-making ...
The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).