Shenzhen
Since Shenzhen, a Southern coastal city, became China’s first SEZ in May 1980, its population has increased from 30,000 to 3.8 million (1997). The city’s economic growth has risen by an average of 20% a year- and it now has an income per capita of £420 compared to an average of £70 in rural China. The area comprises four of the six districts of the Shenzhen City in Guangdong Province- Luohu, Futin, Nanshan and Yantian, with a total area of 493km2. The government of the People’s Republic of China gives SEZs special (more free-market orientated) economic policies and flexible governmental measures. Thus, allowing SEZs to utilise an economic management system that is more encouraging to conduct business than in the rest of mainland China.
President Hu Jintao made a speech in Shenzhen giving his support to the city and other special economic zones (SEZ), which have proved among the most successful experiments in China’s reform and opening up during the last 30 years. The SEZs, led by the example of Shenzhen, have shown how fast China has been able to construct industry and cities virtually from scratch, by combining government determination with market resources.

Shenzhen
Since Shenzhen, a Southern coastal city, became China’s first SEZ in May 1980, its population has increased from 30,000 to 3.8 million (1997). The city’s economic growth has risen by an average of 20% a year- and it now has an income per capita of £420 compared to an average of £70 in rural China. The area comprises four of the six districts of the Shenzhen City in Guangdong Province- Luohu, Futin, Nanshan and Yantian, with a total area of 493km2. The government of the People’s Republic of China gives SEZs special (more free-market orientated) economic policies and flexible governmental measures. Thus, allowing SEZs to utilise an economic management system that is more encouraging to conduct business than in the rest of mainland China.
President Hu Jintao made a speech in Shenzhen giving his support to the city and other special economic zones (SEZ), which have proved among the most successful experiments in China’s reform and opening up during the last 30 years. The SEZs, led by the example of Shenzhen, have shown how fast China has been able to construct industry and cities virtually from scratch, by combining government determination with market resources.

Shenzhen
Since Shenzhen, a Southern coastal city, became China’s first SEZ in May 1980, its population has increased from 30,000 to 3.8 million (1997). The city’s economic growth has risen by an average of 20% a year- and it now has an income per capita of £420 compared to an average of £70 in rural China. The area comprises four of the six districts of the Shenzhen City in Guangdong Province- Luohu, Futin, Nanshan and Yantian, with a total area of 493km2. The government of the People’s Republic of China gives SEZs special (more free-market orientated) economic policies and flexible governmental measures. Thus, allowing SEZs to utilise an economic management system that is more encouraging to conduct business than in the rest of mainland China.
President Hu Jintao made a speech in Shenzhen giving his support to the city and other special economic zones (SEZ), which have proved among the most successful experiments in China’s reform and opening up during the last 30 years. The SEZs, led by the example of Shenzhen, have shown how fast China has been able to construct industry and cities virtually from scratch, by combining government determination with market resources.

Shenzhen
Since Shenzhen, a Southern coastal city, became China’s first SEZ in May 1980, its population has increased from 30,000 to 3.8 million (1997). The city’s economic growth has risen by an average of 20% a year- and it now has an income per capita of £420 compared to an average of £70 in rural China. The area comprises four of the six districts of the Shenzhen City in Guangdong Province- Luohu, Futin,