Geography: Case Studies: China's Open Door Policy Flashcards
(12 cards)
When was China’s Open Door Policy introduced?
1978
What was the purpose of the open door policy?
To slowly introduce economic liberalisation and opening up to FDI while maintaining a strict one party political system
Which area of China were SEZs introduced to?
On the coast
Give two examples of SEZs in China
Pearl River Delta Zone
Shanghai Economic Zone
Which economic zone was created in 1980?
The Shenzhen Special Economic Zone
What was the difference between exports in Shenzhen in 1980 and 2000?
$2 billion in 1980
$200 billion in 2000
What did China join in 2001?
The WTO
What did China joining the WTO guarantee for other countries?
Other countries would lower tariffs on exports from China
How much in FDI was China receiving per year by 2006?
$60 billion
How many people were lifted from poverty due to rapid economic growth?
400 million people
What is still controlled in China?
Information flows
What is limited in China and how?
Cultural erosion, a quota of 34 foreign films per annum in Chinese Cinemas