jul 2, 1979 - Special Economic Zones
Description:
These were zones in China where trade and business laws were different compared to the rest of the country, located by the borders of China. It was created for increased trade, more jobs, effective administration, and more investments. The idea from Deng Xioping was to open up the country to more foreign investments & trade in his economic reforms.Added to timeline:
Date:
jul 2, 1979
Now
~ 46 years ago