China economic development zone
- China economic development zone
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The China Economic Development Zones (CEDZ) are the special areas of the People's Republic of China where foreign direct investment is encouraged. They are usually called the "Economic and Technological Development Zones", "Economic Development Zone (EDZ)" or simply the "Development Zones".
China has been among the top targets of global investment for more than two decades. In the new age of global recession, China keeps a stable growth rate, thanks to the inexpensive labor, stable government, preferable tax rate and government's support to foreign investment.
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