Shenzhou Economic Development Zone, Hengshui City, Hebei Province

economic development zone

According to the scale of development zones, economic development zones can be divided into national development zones, provincial development zones and municipal development zones. According to the information recorded in China Merchants Network, the State shall delimit appropriate areas, carry out necessary infrastructure construction, and concentrate on one or two industries. At the same time, corresponding support and preferential treatment should be given to make the economy of the region develop rapidly.

The development zone is a special area planned by a local government. The Development Zone Management Committee and the Development Zone Investment Co., Ltd. are established to invest in the carrier construction of the Development Zone, such as "seven links and one leveling", "nine links and one leveling", etc. The development zone also has the nature of government functional departments. The main management personnel of the development zone are often high-level administrative personnel of the local government.

classification

Economic development zone is a general term. It is a general name of economic and Technological Development Zone, high-tech industrial park, high-tech development zone and various industrial parks (such as agricultural development zone, chemical industrial park, automobile industrial park, etc.), also referred to as development zone. According to the scale of Development Zone, it can be divided into National Development Zone, provincial Development Zone and Municipal Development Zone.

Purpose and significance

Some economic development zones are established to promote scientific research and develop high-tech industries, so they are also called technological development zones. Some of them are for the purpose of introducing foreign capital and expanding exports, so they are often compared with export processing zones. Economic development zone is an important carrier for the country to attract foreign direct investment, and has made great contributions in the process of economic development of China's reform and opening up.

Advantages

In accordance with the relevant foreign-funded industrial policies of the state, the development zone will give tax relief to the encouraged projects of foreign direct investment enterprises (such as two exemptions and three halves of enterprise income tax), provide preferential industrial land and other preferential policies, and attract all kinds of funds and entities to invest in factories and companies. Generally, the planned places are relatively large with complete supporting facilities, which can drive the local economy to take off after attracting investment. For example, the Suzhou Industrial Park and Tianjin Development Zone jointly developed by the governments of China and Singapore are all successful examples.