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"The Firsts" Special> 30 Years of Reform and Opening Up> "The Firsts"
UPDATED: December-2-2008 Web Exclusive
Special Economic Zone
 
 

In August 1980, the establishment of the first special economic zone (SEZ) approved in Shenzhen, south China's Guangdong Province. During the reform and opening up process, Shenzhen SEZ played a leading role as a trial field, creating many experimental launches, including price reform, transfer of enterprises' property rights, and housing reform. Afterwards, the SEZs were successfully set up in coastal areas of Zhuhai, Shantou, Xiamen and Hainan in south China.

(Source: Xinhua)



 
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