ZHUHAI, China, Aug. 26, 2020 /Xinhua-AsiaNet/–
China first started implementing Special Economic Zones(SEZ) in the year 1980 in southeastern coastal area, with Zhuhai being one of them. As a pilot area in reform and opening-up, beyond tax incentives to foreign investors, SEZs enjoy simplified customs procedures and fewer regulatory constraints.
This year marks the 40th anniversary of Zhuhai SEZ. According to the Information Office of Zhuhai Municipality, “In 40 years, Zhuhai has become one of the cities with the widest development space, the best development environment and policies in the Pearl River Delta.”