Pudong: Another Special Economic Zone in China?-An Analysis of the Special Regulations and Policy for Shanghai’s Pudong New Area

Sang, Bin Xue | January 1, 1993

The Open Door Policy instituted in the late 1970s marked the beginning of economic reform in the People’s Republic of China (“China”). Leading these reforms was the establishment of five special economic zones i and the opening of fourteen coastal cities.2 These special economic zones (“SEZs”) and coastal cities, located along the east coast of China, serve as “windows” to attract foreign investment and technology.’ So far, each of the five SEZs and the fourteen coastal cities has been successful in achieving these goals.