CHINA has been setting up economic and technological development zones(ETDZs)to boost knowledge-based and technology-intensive industries for the past decades.Typically,the governments offer preferential policies and incentives to these zones.During the country’s rapid industrialization since the adoption of the reform and opening-up policy in 1978,ETDZs have played a vital role because of their appeal to foreign investors and capability to innovate.In particular,the ETDZs at the state level have been the engines of regional economic growth.
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