Free economic zone (FEZ) has a long history and plays a more and more important role in the world economy. Most studies, however, focused on the theoretical analysis of benefit and cost as well as the economic role of...Free economic zone (FEZ) has a long history and plays a more and more important role in the world economy. Most studies, however, focused on the theoretical analysis of benefit and cost as well as the economic role of FEZ in the less developed countries and little attention has been paid to the evolution of FEZ. This paper will improve the above-mentioned studies and put forward the structural and spatial evolutionary model of FEZ by analyzing the development of objectives, preferential policy, governance structure, industrial sectors and location of FEZs based on the international economic and political development. FEZs develop towards: 1) more comprehensive and macro objectives, 2) more industry-oriented and multi-preferential policies, 3) more cross-national and combination zones with administrative areas, 4) more technology-intensive and multi-industries, 5) more flexible location and larger spatial dimensions, 6) more rapid evolution and typologies, and 7) more economic integration to the host economy.展开更多
Inward foreign direct investment （FDI） is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency ...Inward foreign direct investment （FDI） is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency in attracting direct and SOC-related investments from foreign entities. This study analyzes 51 cases of inward direct foreign investment made in the Incheon free economic zone （IFEZ） from 2002 to 2009 to determine the factors influencing FDI volume, the relevance of locations and the correlation between investment size and location. First, the relationship between the loeational determinants of FDI and the total investment size （total expected project cost） is analyzed. Second, the relationship between the locational determinants of FDI and the FDI is analyzed. Third, the relationship between the locational determinants of FDI and the location choice is analyzed. The results indicate the determinants that influence locations and investment size of FDI entities; whether these factors exercise influence in the zone; and the factors that have relatively significant effects. Ultimately, based on the analytical findings, a few implications for policy and practice are derived.展开更多
Chinese FEZs are used as the tool for opening-up policy and the structural reform as well as the growth pole for the regional economic development. It is true that no Free Economic Zones （FEZs） in the world like in ...Chinese FEZs are used as the tool for opening-up policy and the structural reform as well as the growth pole for the regional economic development. It is true that no Free Economic Zones （FEZs） in the world like in China have made so strong impact on national economic development and structural reform. Due to the change of their existing condition since the middle of 1990s, Chinese FEZs have to face the new challenges and problems. This study discusses and prospects the transformation and further development of Chinese FEZs in the 21^st century as well as their significance for the transformation of FEZs in other countries based on the analysis of the indicators such as the role, policy, industrial sectors, administration, development model, spatial structure and location.展开更多
High-level investment facilitation is crucial for China's overseas free economic zones(COFEZs)to attract and retain investment,mitigate business interruption risks,and foster a virtuous cycle.While research on inv...High-level investment facilitation is crucial for China's overseas free economic zones(COFEZs)to attract and retain investment,mitigate business interruption risks,and foster a virtuous cycle.While research on investment facilitation in COFEZs has mainly focused on summarizing and examining the investment facilitation measures adopted by typical national-level examples of COFEZs,relatively little attention has been paid to investigating the overall level and general problems of investment facilitation across COFEZs.This study expands the scope of case investigations by taking 60 COFEZs as samples.It constructs a comprehensive evaluation indicator system which includes four dimensions:industrial infrastructure,social infrastructure,business support services,and seamless administrative supervision.By employing content analysis and regression analysis,this study identifies the characteristics and influencing factors of investment facilitation level in COFEZs.The results show that the overall level of investment facilitation in COFEZs is currently low.Specifically,COFEZs exhibit higher levels of investment facilitation in processing and manufacturing types and in Europe,while those in trade and logistics types and in Africa are relatively poor.Industrial infrastructure and business support services contribute more significantly to the overall scores of investment facilitation in COFEZs compared to social infrastructure and seamless administrative supervision.The investment facilitation level in COFEZs is essentially the result of a series of behaviors by developers and host governments,and it is affected by a combination of developers'perceptions of investment facilitation and the social environment in which developers and host governments promote investment facilitation.This study offers a new perspective on understanding COFEZs and contributes to the sustainable development of COFEZs.展开更多
As a new mode for Chinese overseas investment and a growth pole for industrialization and urbanization of the host countries,the overseas economic and trade cooperation zone(OETCZ) or overseas free economic zone(OFEZ)...As a new mode for Chinese overseas investment and a growth pole for industrialization and urbanization of the host countries,the overseas economic and trade cooperation zone(OETCZ) or overseas free economic zone(OFEZ) of China plays an important role under the Belt and Road Initiative.With the rising attention on OETCZ,studies regarding OETCZ have also increased.However,there is a lack of studies reviewing this topic’s progress,challenges and future directions.This paper employs a systematic review to examine the literature on the OETCZ along the Belt and Road,based on domestic and overseas studies.The results show that domestic studies account for a large proportion of the collected literature,compared to overseas studies.Interdisciplinary research focus includes inductive case studies from a classification perspective,deductive studies based on cultural and institutional perspectives,trade network and bilateral trade relations based on the perspectives of international trade and regional economy,spatial planning studies from urban planning perspective,and overseas comments and earlier studies on Japan’s and Singapore’s overseas parks from the geopolitical and international political perspectives.Despite diverse research contents and dramatic progress,limitations exist in current OETCZ-related studies,including a lack of exploration of the mechanism,questions and concerns from overseas scholars,sustainable development and other problems.Future studies should broaden and deepen research insights,including the “overseas free economic zones(OFEZ)” as a general designation to cover all other types of OETCZs,studies on the primary conditions of host countries,exploration of the theoretical issues behind China’s OETCZ,comparative study of OETCZs such as management structures,profit models,environmental standards and legal systems as well as popular issues questioned internationally.展开更多
文摘Free economic zone (FEZ) has a long history and plays a more and more important role in the world economy. Most studies, however, focused on the theoretical analysis of benefit and cost as well as the economic role of FEZ in the less developed countries and little attention has been paid to the evolution of FEZ. This paper will improve the above-mentioned studies and put forward the structural and spatial evolutionary model of FEZ by analyzing the development of objectives, preferential policy, governance structure, industrial sectors and location of FEZs based on the international economic and political development. FEZs develop towards: 1) more comprehensive and macro objectives, 2) more industry-oriented and multi-preferential policies, 3) more cross-national and combination zones with administrative areas, 4) more technology-intensive and multi-industries, 5) more flexible location and larger spatial dimensions, 6) more rapid evolution and typologies, and 7) more economic integration to the host economy.
文摘Inward foreign direct investment （FDI） is expected to grow further by virtue of economic globalization. A thorough understanding of the locational determinants of inward FDI will be conducive to enhanced efficiency in attracting direct and SOC-related investments from foreign entities. This study analyzes 51 cases of inward direct foreign investment made in the Incheon free economic zone （IFEZ） from 2002 to 2009 to determine the factors influencing FDI volume, the relevance of locations and the correlation between investment size and location. First, the relationship between the loeational determinants of FDI and the total investment size （total expected project cost） is analyzed. Second, the relationship between the locational determinants of FDI and the FDI is analyzed. Third, the relationship between the locational determinants of FDI and the location choice is analyzed. The results indicate the determinants that influence locations and investment size of FDI entities; whether these factors exercise influence in the zone; and the factors that have relatively significant effects. Ultimately, based on the analytical findings, a few implications for policy and practice are derived.
文摘Chinese FEZs are used as the tool for opening-up policy and the structural reform as well as the growth pole for the regional economic development. It is true that no Free Economic Zones （FEZs） in the world like in China have made so strong impact on national economic development and structural reform. Due to the change of their existing condition since the middle of 1990s, Chinese FEZs have to face the new challenges and problems. This study discusses and prospects the transformation and further development of Chinese FEZs in the 21^st century as well as their significance for the transformation of FEZs in other countries based on the analysis of the indicators such as the role, policy, industrial sectors, administration, development model, spatial structure and location.
基金Key Program of the National Social Science Fund of China,No.22AZD052。
文摘High-level investment facilitation is crucial for China's overseas free economic zones(COFEZs)to attract and retain investment,mitigate business interruption risks,and foster a virtuous cycle.While research on investment facilitation in COFEZs has mainly focused on summarizing and examining the investment facilitation measures adopted by typical national-level examples of COFEZs,relatively little attention has been paid to investigating the overall level and general problems of investment facilitation across COFEZs.This study expands the scope of case investigations by taking 60 COFEZs as samples.It constructs a comprehensive evaluation indicator system which includes four dimensions:industrial infrastructure,social infrastructure,business support services,and seamless administrative supervision.By employing content analysis and regression analysis,this study identifies the characteristics and influencing factors of investment facilitation level in COFEZs.The results show that the overall level of investment facilitation in COFEZs is currently low.Specifically,COFEZs exhibit higher levels of investment facilitation in processing and manufacturing types and in Europe,while those in trade and logistics types and in Africa are relatively poor.Industrial infrastructure and business support services contribute more significantly to the overall scores of investment facilitation in COFEZs compared to social infrastructure and seamless administrative supervision.The investment facilitation level in COFEZs is essentially the result of a series of behaviors by developers and host governments,and it is affected by a combination of developers'perceptions of investment facilitation and the social environment in which developers and host governments promote investment facilitation.This study offers a new perspective on understanding COFEZs and contributes to the sustainable development of COFEZs.
基金National Natural Science Foundation of China,No.41971161Tianjin Normal University Interdisciplinary Integration Innovation Team Project,No.135205RH08The Fundamental Research Funds for the Central Universities,No.63232160。
文摘As a new mode for Chinese overseas investment and a growth pole for industrialization and urbanization of the host countries,the overseas economic and trade cooperation zone(OETCZ) or overseas free economic zone(OFEZ) of China plays an important role under the Belt and Road Initiative.With the rising attention on OETCZ,studies regarding OETCZ have also increased.However,there is a lack of studies reviewing this topic’s progress,challenges and future directions.This paper employs a systematic review to examine the literature on the OETCZ along the Belt and Road,based on domestic and overseas studies.The results show that domestic studies account for a large proportion of the collected literature,compared to overseas studies.Interdisciplinary research focus includes inductive case studies from a classification perspective,deductive studies based on cultural and institutional perspectives,trade network and bilateral trade relations based on the perspectives of international trade and regional economy,spatial planning studies from urban planning perspective,and overseas comments and earlier studies on Japan’s and Singapore’s overseas parks from the geopolitical and international political perspectives.Despite diverse research contents and dramatic progress,limitations exist in current OETCZ-related studies,including a lack of exploration of the mechanism,questions and concerns from overseas scholars,sustainable development and other problems.Future studies should broaden and deepen research insights,including the “overseas free economic zones(OFEZ)” as a general designation to cover all other types of OETCZs,studies on the primary conditions of host countries,exploration of the theoretical issues behind China’s OETCZ,comparative study of OETCZs such as management structures,profit models,environmental standards and legal systems as well as popular issues questioned internationally.
