Figure 7 4 Shenzen the first Special Economic Zone created
Last updated: 1/10/2024
Figure 7 4 Shenzen the first Special Economic Zone created in China in 1980 The SEZs also gave China access to important world export markets It was also hoped that local Chinese managers including those who had studied abroad would learn the latest management methods from these foreign firms while workers would learn how to use the latest technology and machinery The first ones established were in 1979 in the Guangdong and Fujian provinces they were in Shenzhen just across the border with Hong Kong and Zhuhai near Macao in the south and in Shantou and Xaimen across from Taiwan in the north These were approved by the National People s Congress in August 1980 In the 1980s a fifth was established on Hainan Island off the southern coast KEY CONCEPTS ACTIVITY Change and continuity Carry out further research on the SEZs of books are available