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China'S Special Economic Zones And Industrial Clusters: The Engines For Growth

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  • DOUGLAS ZHIHUA ZENG

    (World Bank, USA)

Abstract

The numerous special economic zones (SEZs) and industrial clusters that emerged after the country's reforms are without doubt two important engines of China's remarkable development. However, after 30 years of development, they also face many significant challenges in moving forward. This paper summarizes the development experiences of China's SEZs and industrial clusters (their formation, success factors, challenges, and possible areas or measures for policy intervention), based on case studies, interviews, field visits, and extensive reviews of the existing literature in an attempt to benefit other developing countries.

Suggested Citation

  • Douglas Zhihua Zeng, 2012. "China'S Special Economic Zones And Industrial Clusters: The Engines For Growth," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(03), pages 1-28.
    • Handle: RePEc:wsi:jicepx:v:03:y:2012:i:03:n:s1793993312500160
    DOI: 10.1142/S1793993312500160
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    References listed on IDEAS

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    1. Jianqing Ruan & Xiaobo Zhang, 2009. "Finance and Cluster-Based Industrial Development in China," Economic Development and Cultural Change, University of Chicago Press, vol. 58(1), pages 143-164, October.
    2. Bernard Ganne & Yveline Lecler, 2009. "Asian Industrial Clusters : Global Competitiveness and New Policy Initiatives," Post-Print halshs-00356224, HAL.
    3. Tetsushi Sonobe & Keijiro Otsuka, 2014. "Cluster-Based Industrial Development," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-38511-6, December.
    4. Douglas Zhihua Zeng, 2008. "Knowledge, Technology, and Cluster-Based Growth in Africa," World Bank Publications - Books, The World Bank Group, number 6918.
    5. World Bank, 2010. "Innovation Policy : A Guide for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2460.
    6. Keijiro Otsuka, 2006. "Cluster‐Based Industrial Development: A View From East Asia," The Japanese Economic Review, Japanese Economic Association, vol. 57(3), pages 361-376, September.
    7. Shahid Yusuf & Kaoru Nabeshima & Shoichi Yamashita, 2008. "Growing Industrial Clusters in Asia : Serendipity and Science," World Bank Publications - Books, The World Bank Group, number 6429.
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    Cited by:

    1. Zeng, Douglas Zhihua & Cheng, Lei & Shi, Lei & Luetkenhorst, Wilfried, 2021. "China’s green transformation through eco-industrial parks," World Development, Elsevier, vol. 140(C).

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    More about this item

    Keywords

    China; competitiveness; special economic zones (SEZ); industrial clusters; innovation; F14; O14; O18;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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