Special Economic Zones

Cards (12)

  • What does SEZ stand for?
    special economic zone
  • What policies were introduced to help form china's SEZ?

    - lowering barriers to entry for foreign enterprises
    - Wholly Foreign Owned Enterprise Law 1988
    - tax incentives to attract FDI
  • What was the growth rate of Shenzen due to the SEZ?
    58%
  • What were the annual FDI inflows 2003-2010?
    $81.5 billion
  • Who controls Chinese SEZs?
    state owned enterprises (SOE)
  • Why does China maintain control and wealth?
    less money is expatriated from Chinese Zones
  • When is Shenzhen become a SEZ?
    1979
  • What was introduced to comply with the demands of foreign corporate managers?

    contract labour system- because of the lack of local labour workers were recruited from surrounding rural areas
  • What labour violations happen due to temporary and rapid urbanisation?

    - use of child labour
    - poor living conditions
    - excessive compulsory overtime
  • Why were gender-related labour issues happening in China?

    Poor women had nimble fingers and could do lots of the work needed, they wouldn't complain and would send money home. The need to look after the family overcame any fight for individual rights
  • Fozconn factory in Shenzhen

    Reports of suicides and mis treatment of workers
  • What was the responses to the suicides in Foxconn?

    -factory raised wages
    -installed nets to catch people jumping
    -made employees sign a no-suicide clause