India over the past decade has progressively opened up its economy to effectively face new challenges and opportunities of the 21st century to compete in the global market the government of india goi has liberalized export policies . Get this from a library chinas special economic zones policies problems and prospects y c jao chi keung leung c h chai. As part of its economic reforms and policy of opening to the world between 1980 and 1984 china established special economic zones sezs in shantou shenzhen and zhuhai in guangdong province and xiamen in fujian province and designated the entire island province of hainan a special economic zone in 1984 china opened 14 other coastal cities . Since 1979 chinas special economic zones sez have been beckoning foreign investors to do business in china created after deng xiaopings economic reforms were implemented in china in 1979 special economic zones are areas where market driven capitalist policies are implemented to entice foreign businesses to invest in china
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