Question
What if more special economic zones were opened and more foreigners came?
"We will work full steam ahead to facilitate economic development, accelerate growth in the marine economy, adjust the industrial structure and make progress in culture, education, ecology and environmental protection as well as people's welfare."
SOURCE: CHINA DAILY 2013-03-07 00:16:00
SPecial economic zones
•1979 four special economic zones were opened for trade and investment with the west
•Foreign firms were allowed to operate here
•Cheap labour was provided
•New technology and management practices were introduced
•Most firms come from Hong Kong to take advantage of the cheap labour
•Foreign firms were allowed to operate here
•Cheap labour was provided
•New technology and management practices were introduced
•Most firms come from Hong Kong to take advantage of the cheap labour
Summary
When China began to bring in Capitalist ways they did so with foreign firms which were companies from other countries who brought their factories into China where they could find cheap labour. This created special economic zones.