|
Pearl River Delta Economic Zone
The Pearl River Delta Economic Zone () (once called 粤江平原), is a special economic zone on the southeastern coast of China. Located in the Pearl River Delta, it consists of the Chinese cities of Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, and parts of Huizhou and Zhaoqing. Adjacent Hong Kong and Macau are not part of the economic zone. The 2008-20 plan, released by China's National Development and Reform Commission, is designed to boost the pan-Pearl River Delta as a "center of advanced manufacturing and modern service industries", and as a "center for international shipping, logistics, trade, conferences and exhibitions and tourism". Goals include the development of two to three new cities in the Guangdong-Hong Kong-Macao Greater Bay Area, the development of 10 new multinational firms, and expansion of road, rail, seaport and airport capacities by 2020. They include construction of the Hong Kong–Zhuhai–Macau Bridge linking Hong Kong, Macau an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zones Of China
When Deng Xiaoping took over as the paramount leader of the People's Republic of China (PRC), he presented himself as a pragmatic contrast to his predecessor Mao, who was more of a theorist and an ideologist. Deng's main goal was to lift people out of poverty and significantly improve the lives of ordinary Chinese people. In justifying opening up and the series of economic reforms that ensued, Deng referred to Marx and his theories, which predicted that nations need to undergo urbanization and a stage of capitalism for a natural socialist transition. One of the most renowned reforms under Deng was establishing four "special economic zones" along the Southeastern coast of China, with Shenzhen, Shantou, and Zhuhai located in Guangdong province and Xiamen located in Fujian province. Special economic zones (SEZs) in mainland China are granted more free market-oriented economic policies and flexible governmental measures by the government of China, compared to the planned economy elsewhe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Trade Development Council
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong's businesses. The organisation has 50 offices around the world, including 13 on the Chinese mainland. With more than 50 years of experience, its mission is to explore opportunities for Hong Kong companies, especially small and medium-sized enterprises (SMEs), and connect them with business partners around the world. Governance The HKTDC is governed by a 19-member Council of Hong Kong business leaders and senior government officials. It plans and supervises the organisation's global operations, services and promotional activities. The Council also oversees the operation of the Hong Kong Convention and Exhibition Centre. Dr Peter K N Lam is the tenth HKTDC chairman since the Council's establishment. He started his term as chairman on 1 June 2019. On 1 October 2014, Margaret Fong succeeded Fred Lam as the Exec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Triangle Economic Zone
The West Triangle Economic Zone is an economic zone designated by the Chinese government comprising Chengdu, Chongqing and Xi'an. Created as part of China's Western Development strategy, the West Triangle Economic Zone contributes nearly 40% of Western China's GDP. Furthermore, Chongqing is one of China's five National Central Cities, while both Chengdu and Xi'an are Regional Central Cities. The economies of all three cities are highly developed and serve as attractive investment locations within China. Many major international companies have factories or branches in the region, including Microsoft, Ford Motors, Citigroup, and over 200 other Fortune 500 companies. Overall, the zone has a population of 118 million and covers 220,000 square kilometres. Various major expressways and railways run through the zone, and each of the three cities has a major international airport. Formation The creation of the zone was originally proposed by Chongqing in 2009, as part of the 12th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bohai Economic Rim
The Bohai Economic Rim (BER) or Bohai Bay Economic Rim (BBER) is the economic region surrounding Tianjin (Tientsin). It also includes areas in Hebei, Liaoning and Shandong surrounding the Bohai Sea. This region has undergone major economic and infrastructural changes and is an emerging economic powerhouse of North China, rivaling both the Pearl River Delta in southern China and the Yangtze River Delta in eastern China. Economy The Bohai Economic Rim has traditionally been involved in heavy industry and manufacturing. Tianjin's strengths have always been in aviation, logistics and shipping. Beijing complements this with strong petrochemical, education and R&D sectors. The area is becoming a significant growth cluster for the automobile, electronics, and petrochemical sectors, especially with Shenyang's automotive industry, software and aircraft, Dalian attracting foreign investments in manufacturing and Qingdao for its health services. The Chinese central government has made ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangtze River Delta Economic Zone
The Yangtze Delta or Yangtze River Delta (YRD, or simply ) is a triangle-shaped megalopolis generally comprising the Wu Chinese-speaking areas of Shanghai, southern Jiangsu and northern Zhejiang. The area lies in the heart of the Jiangnan region (literally, "south of the River"), where the Yangtze River drains into the East China Sea. Having fertile soil, the Yangtze Delta abundantly produces grain, cotton, hemp and tea. In 2018, the Yangtze Delta had a GDP of approximately US$2.2 trillion, about the same size as Italy. The urban build-up in the area has given rise to what may be the largest concentration of adjacent metropolitan areas in the world. It covers an area of around and is home to over 115 million people as of 2013, of whom an estimated 83 million are urban. If based on the greater Yangtze Delta zone, it has over 140 million people in this region. With about a tenth of China's population and a fifth of the country's GDP, the YRD is one of the fastest growing a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong–Zhuhai–Macau Bridge
The Hong Kong–Zhuhai–Macau Bridge (HZMB) is a bridge–tunnel system consisting of a series of three cable-stayed bridges, an undersea tunnel, and four artificial islands. It is both the longest sea crossing and the longest open-sea fixed link in the world. The HZMB spans the Lingding and Jiuzhou channels, connecting Hong Kong, Macau, and Zhuhai—three major cities on the Pearl River Delta in China. The HZM Bridge was designed to last for 120 years and cost ¥127 billion (US$18.8 billion) to build. The cost of constructing the Main Bridge was estimated at ¥51.1 billion (US$7.56 billion) funded by bank loans and shared among the governments of mainland China, Hong Kong and Macau. Originally set to be opened to traffic in late 2016, the structure was completed on 6 February 2018 and journalists were subsequently taken for a ride over the bridge. On 24 October 2018, the HZMB was opened to the public after its inauguration a day earlier by Chinese leader Xi Jinp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Development And Reform Commission
The National Development and Reform Commission of the People's Republic of China (NDRC), formerly State Planning Commission and State Development Planning Commission, is a macroeconomic management agency under the State Council, which has broad administrative and planning control over the economy of Mainland China. It has reputation of being the "mini-state council". The candidate for the chairperson of the NDRC is nominated by the Premier of the People's Republic of China and approved by the National People's Congress. Since February 2017 the commission has been headed by He Lifeng. Synopsis The NDRC's functions are to study and formulate policies for economic and social development, maintain the balance of economic development, and to guide restructuring of the economic system of Mainland China. The NDRC has twenty-six functional departments/bureaus/offices with an authorized staff size of 890 civil servants. Prior to 2018, it was also responsible for enforcing China's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macau
Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a population of about 680,000 and an area of , it is the most densely populated region in the world. Formerly a Portuguese colony, the territory of Portuguese Macau was first leased to Portugal as a trading post by the Ming dynasty in 1557. Portugal paid an annual rent and administered the territory under Chinese sovereignty until 1887. Portugal later gained perpetual colonial rights in the Sino-Portuguese Treaty of Peking. The colony remained under Portuguese rule until 1999, when it was transferred to China. Macau is a special administrative region of China, which maintains separate governing and economic systems from those of mainland China under the principle of " one country, two systems".. The unique blend of Portuguese and Chinese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhaoqing
Zhaoqing (), alternately romanized as Shiuhing, is a prefecture-level city in Guangdong Province, China. As of the 2020 census, its population was 4,113,594, with 1,553,109 living in the built-up (or metro) area made of Duanzhou, Dinghu and Gaoyao. The prefectural seat—except the Seven Star Crags—is fairly flat, but thickly forested mountains lie just outside its limits. Numerous rice paddies and aquaculture ponds are found on the outskirts of the city. Sihui and the southern districts of the prefecture are considered part of the Pearl River Delta. Formerly one of the most important cities in southern China, Zhaoqing lost its importance during the Qing dynasty and is now primarily known for tourism and as a provincial "college town". Residents from Guangzhou, Shenzhen, and the other cities of the Pearl River Delta often visit it for weekend excursions. It is also a growing manufacturing center. Name Zhaoqing was known to the Qin and Han as Gaoyao (高要). It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
