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The Economic Technological Development Zones (ETDZ) constitutes part of China's policy of Opening up to the outside world. By carving up a relatively small piece of land in the open city and building perfect infrastructures in this locality, an investment surrounding conforming to international standards will be created. By way of absorbing
and taking advantage of foreign capital, the modernized industrial configuration with new, and high technology as its mainstay will eventually take shape and become the essential territory in developing foreign economic and trade in the local urban and it surrounding areas. Up to the present, there are State Council approved ETDZs. (Including several economic areas such as Shanghai Lujiazui Finance and Trade Zone, Suzhou Industrial Park, Shanghai Pudong Jinqiao Export Processing Zone, Ningbo Daxie Development Zone, Xiamen Haicang Investment Zone and Yangpu Development Zone. The open policies are also carried out in the above named zones.)
Economic and Technological Development Zone in China's opening up is an important part of Chinese reform. In the open cities designated a small area and concentrate efforts on building infrastructure, in line with international standards to create an investment environment. Absorption through the use of foreign capital and to form a high-tech industries of a modern industrial structure, a city and the surrounding area of foreign economic and trade development in key areas.
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