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Is Guangzhou a special economic zone?

Is Guangzhou a special economic zone?

The proposal was approved on July 15 and the four special zones were officially established on August 26, 1979. In 1984, China further opened 14 coastal cities to overseas investment: Dalian, Qinhuangdao, Tianjin, Yantai, Qingdao, Lianyungang, Nantong, Shanghai, Ningbo, Wenzhou, Fuzhou, Guangzhou, Zhanjiang and Beihai.

Is Wuhan a special economic zone?

Special industry zones are areas that are designated by the national government to protect one certain industry from encroachment by others within its zone. One example of Chinese special industry zones specific to Wuhan is the Donghu New Technology Development Zone.

What is Specialised economic zone?

A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country’s national borders. • Their aims include increased trade balance, employment, increased investment, job creation and effective administration.

Is Shenzhen a special economic zone?

The Shenzhen Special Economic Zone (Chinese: 深圳经济特区), was established in May 1980, and is the first special economic zone in the People’s Republic of China. In 2010, it was expanded to include the rest of the city, substantially increasing the geographical size of the SEZ.

Where is the Kyaukphyu Special Economic Zone located?

The project initially began as a joint venture between the Chinese and Burmese governments, but has since transitioned to private developers. Kyaukphyu SEZ will be accessible to the Shwe gas field in the Bay of Bengal.

Where is Kyaukpyu harbor located in Myanmar?

Kyaukpyu Harbor is part of Kyaukpyu Special Economic Zone which is located in the north of Ramree Island, Rakhine State. The Economic Zone is a narrow north-south seaport composed of Ramree Island and the continent. This port in the northeast of the Bay of Bengal is the location of the Myanmar-China oil and gas pipeline.

Which is the third special economic zone in Myanmar?

The Kyaukpyu Special Economic Zone where the Kyaukpyu Port is located is the third special economic zone in Myanmar. The overall development is divided into three phases: the first phase is from 2014 to 2016, the second phase is from 2017 to 2020, and the third phase is from 2021 to 2025.

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