Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：27  发布时间：2025-06-19

Compared to the Sino foreign joint venture of this small company, in the south, a plan that is just starting to struggle sounds much larger.



The plan that will affect the direction of China's opening-up in the future is to establish "special economic zones" in the south.

The economic term "special zone" is a new invention of the Chinese people.   In April of the previous year, he discussed opening up with Xi Zhongxun, the first secretary of the Guangdong Provincial Party Committee and governor, and proposed to establish a new open area in Shenzhen, fully introduce foreign capital, implement special economic policies, and suggest that this open area be called a "special zone".

When Deng Xiaoping proposed the concept of "special zones", Yuan Geng had already gone to the south to launch his Shekou Industrial Zone. As soon as the term 'special zone' was coined, Xi Zhongxun, who understood it, immediately accelerated the pace of opening up. Soon, on July 15th, two reports were formed on the implementation of special policies and flexible measures for foreign economic activities by the Guangdong Provincial Party Committee and the Fujian Provincial Party Committee, which were approved by the Central Committee of the Communist Party of China and the State Council. The reports clearly stated: "Pilot export special zones will be established in Shenzhen, Zhuhai, and Shantou. Overseas Chinese, Hong Kong and Macao businessmen are allowed to directly invest in setting up factories in the special zones, and certain foreign manufacturers are also allowed to invest in setting up factories or establish joint ventures and tourism with them... The construction of the three special zones should also be carried out step by step, with a focus on the construction of Shenzhen