| Article |
|---|
| Article name |
FREE ECONOMIC ZONES AS A TOOL OF “SOFT POWER” OF CHINA |
| Authors |
Taskaeva S.. candidate of political sciences, associate professor, lana.taskaeva@mail.ru |
| Bibliographic description |
|
| Category |
Economics |
| DOI |
08.00.14 |
| DOI |
10.21209/2227-9245-2019-25-4-125-132 |
| Article type |
scientific |
| Annotation |
The subject of the research is the institution of free economic zones as one of the tools for China’s transition to an open economy. The article shows how the Chinese approach to the creation of free economic zones (FEZ) allowed the state to increase the level of employment in different regions of the country, deepen integration economic cooperation, intensify domestic production and enter the world market with it, attract foreign investment, gain access to new technologies and information and solve many other problems as well. A comparative analysis of the practice of China\'s use of free economic zones, starting from the 80s of the last century and up to the present, is carried out. Attention is drawn to the fact that the economic development of the regions of the country where free economic zones are functioning is far ahead of the development of other territories. Free economic zones are an integral part of the Chinese economy and, moreover, play the role of a locomotive in the economic growth of the state over several decades. The author shows how flexible China is using the mechanism of free economic zones at home and abroad, while maintaining the main postulate – improving the economic well-being of the Chinese people – inflexible. As a result of the study, the author concludes that having obtained effective results from the creation of a FEZ at home, the Celestial Empire transferred this experience abroad, turning this mechanism into a tool of “soft power” policy, which means strengthening Chinese economic influence in the partner countries, improving the country’s image in the international arena, demonstrating the openness of the Chinese economy to the world; all this contributes to the further Chinese dynamic and progressive ascent to the economic “top” of the world |
| Key words |
Key words: free economic zone; open economy; zone of technical and economic development; experimental zone of complex reforms; foreign investment; Chinese-African cooperation; openness of the economy; “soft power” policy; national economy; transnational corporations; global competition |
| Article information |
Taskaeva S. Free economic zones as tool of “Soft power” of China // Transbaikal State University Journal, 2019, vol. 25, no. 4, pp.125-132 |
| References |
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