Notes
- 1979 four special economic zones were opened for trade and investment with the west
- Foreign firms were allowed to operate here
- Cheap labour was provided
- New technology and management practices were introduced
- Most firms come from Hong Kong to take advantage of the cheap labour
Summary
4 zones were created in China which enabled major trade and investment with the west. Because Cheap labour was provided many big industries turned to China to invest and place companies here.