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분야
ppt2.A Dualist Trade Regime: The EPS
3.Toward an Open Economy
4.Outcomes: Rapid Growth and Structural Change
5.Regional Composition of Trade Within China
6.Conclusion
Guangdong and Fujian province close to Hong Kong
Implement of exporting-process
Manhattan SEZ is closed to
Ho Chi Minh City that have transportation infrastructure
Phnom Penh SEZ is located in capital city
Favorable conditions to export
What is EP zone?
= Export-processing Zone.
1> Free import. Ex. Equipment, machine, tools etc.
2> Full amount bonded. Ex. Raw material, accessories and repairs.
3> Taxes refunded upon goods entering the zone.
4> Gain Deduction. Free of consumption tax, value added tax.
- Gao Xiong in Taiwan built EP zone in 1960s.
- From 1980s, China began to set EP zones along the costal cities.
- From May, 2000, 57 EP zones had been built.
Functions:
1> Attract a great quantity of foreign investment, help improve the technology, product quality.
2> Export expansion, increase exchange revenue.
3> Increase employment opportunities.
4> Improve the production technology and management.
