Special Economic Zones
1979 four special economic zones were opened for trade and investment with the west
Foreign firms were allowed to operate here
Cheap labour was provided
New technology and management practices were introduced
Most firms come from Hong Kong to take advantage of the cheap labour
Foreign firms were allowed to operate here
Cheap labour was provided
New technology and management practices were introduced
Most firms come from Hong Kong to take advantage of the cheap labour
Quote: " let some people get rich first" -Deng Xiaoping
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Big Question: What would China be like without these special economic zones?
Summary: Four main zones opened up where foreign trade was occurred and labor was cheap and efficient.