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Special Economic Zones and China’s Path

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Studies on China's Special Economic Zones

Abstract

China’s path lies in setting up special economic zones to accomplish the transformation of the system and in establishing a market economic system to seek a road of development from widespread poverty to prosperity for all. The establishment of special economic zones opened the road to scientific development in Chinese society and presented a shortcut for Chinese society to achieve modernization amidst extreme disequilibrium of development among regions, between urban areas and rural areas. The practice of tortuous reforms and the opening up accompanied by remarkable achievements in China’s special economic zones, represented by Shenzhen, reveals the distinctiveness of China’s characteristic path for realizing modernization and offers a choice of developmental path to be adopted by transitional countries and emerging countries with a market economy.

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Notes

  1. 1.

    Data on GDP and per-capita GDP during the period 1979–2008 come from the Shenzhen Statistical Yearbook (2008), while those concerning GDP and per-capita GDP in 2009 come from Shenzhen Statistics Online. http://www.sztj.com/pub/sztjpublic/tjsj/tjyb/default.html.

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© 2017 Social Sciences Academic Press and Springer Nature Singapore Pte Ltd.

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Yitao, T. (2017). Special Economic Zones and China’s Path. In: Yuan, Y. (eds) Studies on China's Special Economic Zones. Research Series on the Chinese Dream and China’s Development Path. Springer, Singapore. https://doi.org/10.1007/978-981-10-3704-7_1

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