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Economic and Technological Development Zones:A Hive of Multinationals
Authors:WANG JUNLING
Abstract:CHINA has been setting up eco-nomic and technological devel-opment zones(ETDZs)to boost knowledge-based and technol-ogy-intensive industries for the past de-cades.Typically,the governments offer preferential policies and incentives to these zones.During the country's rapid industrialization since the adoption of the reform and opening-up policy in 1978,ETDZs have played a vital role because of their appeal to foreign inves-tors and capability to innovate.In par-ticular,the ETDZs at the state level have been the engines of regional economic growth.
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