National Economic and Technological Development Zones


The National Economic and Technological Development Zones are the special areas of the People's Republic of China where foreign direct investment is encouraged. They are usually called the "Economic and Technological Development Zones" or simply the "Development Zones".
These national level programs started with the Special Economic Zones for three cities in 1978, as part of China's economic reform, and were extended to the Economic and Technological Development Zones in 14 cities in 1984.
There are also pros and cons on development on these economic zones, the pros are creating more job opportunities, increasing its economic growth Foreign exchange leakage,2) Cost ineffectiveness, 3) Failure to achieve state objectives and 4) Economic crimes and related social problems.
China has been among the top targets of global investment for more than two decades. In the new age of global recession, China keeps a stable growth rate, thanks to the inexpensive labor, stable government, preferable tax rate and government's support to foreign investment.

List of zones

In 2006, there are now 49 Development Zones :
There are now many Provincial Economic Development Zones, such as:
Some of them are as large as the National Economic and Technological Development Zones. There are also the Municipal-Level Economic Development Zones.