China: Geographic Development Of The Special Economic Zones

In 1992 , Deng Xiaoping , after pushing for an intensified economic outgrowth , eventually expanded the open-door insurance to the interior regions . Nevertheless , the coastal region still accounted for 91 .7 percent of trade and 84 .71 percent of FDI from 1991 to 2004 (Rui Zheng , 2008While all areas in mainland China receive a more or less standard preferential policy , it was the coastal areas which get most of the benefits of globalization . In situation , even during the time of Mao Zedong , the coastal regions were taken cared of . diversion from that , they were given first priority over landlocked regions when it comes to the carrying into action of the open-door policy (Rui Zheng , 2008Recently , however , the government has made some headroom as far as reducing the imbalance amid the coastal and inland regions of the country . Opportunities for international investments as fountainhead as resource allocation have been extended to the inland areas . State control is already declining . However , the government should cover up intensifying its existing policies if it is keen on decreasing the inconsistency between its regions .

To enjoy the benefits of globalization , the central government must(prenominal) likewise encourage trading between coastal and inland areas (Rui Zheng , 2008ConclusionThe development of special economic zones in the coastal regions of China had contributed to the economic turnaround which the country is experiencing at the moment . With the authority things are going , analysts believe that China is set to begin the most powerful economy within the coming yearsWorks CitedChina Eonomy (n .d . scrimping Watch .com . Retrieved July 3 2008 from http / vane .economywatch .com /world_economy /chinaHu , Z khan M .S (1997 June . Why Is China Growing So steady International Monetary Fund . Retrieved July 3 2008 from http /www .imf .org /EXTERNAL /PUBS /FTISSUES8 /INDEX .HTMKung , J .K (n...If you want to get a full essay, order it on our website: Orderessay

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