首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Over the past decade, there has been a sea change in China’s economic policies. Like other developing countries which are attemp
Over the past decade, there has been a sea change in China’s economic policies. Like other developing countries which are attemp
admin
2010-11-29
27
问题
Over the past decade, there has been a sea change in China’s economic policies. Like other developing countries which are attempting to become more export- orientated, China has started to set up free trade zones. These zones are called "Special Economic Zones" (SEZ’s) and feature various
incentives
designed to encourage foreign investment. What is the significance of these zones? Have they really played an important role in the development of the economy of China? I will discuss these questions below.
Historically, China has adopted an inward-looking strategy to its economic development. Successive Chinese governments thought that the economy could grow purely through self-reliance (Jao & Leung 1996). However, there are always limitations to what a country can do by itself, for example, limitations in raw-materials, natural resources, technology, etc. These can hold back the growth of an economy and certainly China’s economic growth lagged far behind much of the rest of the world up to the 1970’s.
By contrast, countries like the USA were achieving significant economic growth in this period because they were practicing foreign trade policies which facilitated free trade (Crane 1990). Any shortages in the domestic economy, for example, oil in the USA or Japan, wheat in the Soviet Union or cars in India could be compensated for by imports. Foreign trade, then, could help to aid economic growth.
The export trade is also vital. Not only can exports be a means of paying for imports, but they also help to earn foreign exchange. Since 1979, the Chinese government has recognized the importance of exports as a means of fostering economic growth. Economic policies and special incentive programmes have been introduced to increase exports. One measure taken was the opening of the five special economic zones. They were Shenzhen, Zhuhai, Shantou in Guangdong province, Xiamen in Fujian province and Hainan Island. In order to attract foreign investors and develop foreign trade, the five SEZ’s offer similar packages of favourable incentives to foreign firms. One of the most attractive points of these packages is that income tax is fixed at the rate of 15 per cent, lower than that in other parts of China. Other advantages such as tax exemptions, land use rights, and banking and finance privileges are not available to firms operating outside the SEZ’s.
Many other non-financial advantages are provided inside the SEZ’s. Firms are provided relatively free-market environments with minimal government intervention. This means that private and joint-venture enterprises are free to hire their own workers. They are also free to set wages to reflect market conditions. Bonuses can be awarded to workers for outstanding performance.
After thirty years, it has been clear that the favourable impact of the SEZ’s on the economy of China is fivefold: They attract foreign investment, they help the growth of the export industry, they earn foreign exchange, they provide employment opportunities and lastly they help the indigenous economy improve to level of technology.
Why is the USA mentioned in Paragraph 3?
选项
A、To set up an example for China to learn from
B、To contrast with the policies used in SEZ in China
C、To illustrate how successful the USA is
D、To illustrate that free trade can benefit economy
答案
D
解析
推理题。此处提到美国,旨在对比并说明自由贸易政策对经济发展的积极影响。
转载请注明原文地址:https://kaotiyun.com/show/xt1K777K
0
专业英语四级
相关试题推荐
Greece,economically,isintheblack.Withverylittletoexportotherthansuchfarmproductsastobacco,cottonandfruit,th
AfterTomhadboughthiscomputerforafewmonths,hejust______ofallthepamphletsandbrochuresonit.
Educationistooimportanttotake【C1】______,whenpeopletakeanythingforseriously,theyput【C2】______blinderswhichcause
Whosponsoredtheconferenceonpopulation?
Accordingtothenews,whetherthebirdfluwillcauseagreatcasualtydependson______.
TheInternetbeganinthe1960sasasmallnetworkofacademicandgovernmentcomputersprimarilyinvolvedinresearchforthe
Youmightthinkthatborrowingamatchuponthestreetisasimplething.Butanymanwhohasevertrieditwillassureyouthat
Theproblemisbelieved______atthemeetingtwodaysago.
TheofficiallogooftheInformationAwarenessOffice,thePentagon’ssecretivenewterrorist-detectionexperiment,isn’tsubtle
Ouruniversityhasintroducedsoundpersonnelevaluatingsystemwithlessemphasisonage______.
随机试题
以下区域性经济一体化集团由南北两类国家组成的有()
设样本x1,x2,…,xn来自总体N(μ,1),为样本均值,假设检验问题为H0:μ=μ0,H1:μ≠μ0,则检验统计量的表达式为_____.
A.技术性B.广泛性C.经济性D.法律性E.权威性“药师对处方进行审核,并按医师处方准确、快速调配、发给患者使用”体现处方的
大面积烧伤急救,患者口渴应给予()。
【背景资料】某项目部针对一个施工项目编制网络计划图,图2K320050-8是计划图的一部分:该网络计划图其余部分计划工作及持续时间见表2K320050-2。项目部对按上述思路编制的网络计划图进一步检查时发现有一处错误:C2工作必须在B2工作完成后
下列与现金差别不大,可以视为短期投资的有()。
运用马克思关于社会总资本再生产的有天原理,分析我国经济生活中存在的部分生产资料和消费品的供过于求对社会再生产的影响及应采取的对策。
17,5,24,38,28,()。
小姚在公司里负责新员工的入职培训,现在她需要在培训演示文稿中制作公司的组织结构图。在PowerPoint中最优的操作方法是()
Readthearticlebelowaboutthewaystoimproveemployees’motivation.ChoosethebestwordtofilleachgapfromA,B,Cor
最新回复
(
0
)