§1.2 - De economie van China

§1.2 - The economy of china

How has it changed over the last few decades?

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§1.2 - The economy of china

How has it changed over the last few decades?

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Before 1980

Communism
Planned economy
Western influences are banned
All companies are owned by the government

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Hongkong

Official name: "Special governmental region Hongkong of the Peoples Republic of China"

Was part of Great Britain in 1997
Has its own government and elecations

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Hongkong

Official name: "Special governmental region Hongkong of the Peoples Republic of China"

Was part of Great Britain in 1997
Has its own government and elecations

But.....

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SEZ

Special Economic Zones

Areas where companies from other countries can settle, and where they don't have to pay many taxes

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Shenzen

First SEZ
Open door policy
Low wages
attractive for multinationals

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At first

Low skilled
Labour intensive
producing

Nowadays

High skilled
High tech
innovating

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Homework

2, 3DE, 4, 5

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