Shenzhen Special Economic Zone (SEZ)
The Shenzhen Special Economic Zone (SEZ) was established in 1980 in Shenzhen, China, as part of the country's economic reforms. It was one of the first areas in China to implement market-oriented policies, allowing for foreign investment and private enterprise. This initiative aimed to boost economic growth and modernize the region.
Over the years, the Shenzhen SEZ has transformed into a major financial and technological hub, attracting numerous multinational companies and startups. Its success has made it a model for other regions in China, showcasing the benefits of economic liberalization and innovation in a rapidly changing global economy.