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The world's exclusive economic zones by boundary types and EEZ types. An exclusive economic zone (EEZ), as prescribed by the 1982 United Nations Convention on the Law of the Sea, is an area of the sea in which a sovereign state has exclusive rights regarding the exploration and use of marine resources, including energy production from water and wind.
The Special Economic Zones of China (SEZ) are designated zoned areas in China with unique economic policies and regulations often for business with foreign nations and enterprise. These zones typically foster more free-market -oriented business regulations compared to the rest of the country.
Japan has objected to PRC development of natural gas resources in the East China Sea near an area where the two countries Exclusive Economic Zone (EEZ) claims overlap. The specific development in dispute is the PRC's drilling in the Chunxiao gas field , which is located in undisputed areas on China's side, three or four miles (6 km) west of the ...
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The definition of an SEZ is determined individually by each country. According to the World Bank in 2008, the modern-day special economic zone typically includes a "geographically limited area, usually physically secured (fenced-in); single management or administration; eligibility for benefits based upon physical location within the zone; separate customs area (duty-free benefits) and ...
Economic zone may refer to: Exclusive economic zone , an area of sea over which a sovereign state has special rights Special economic zone , an area within a country in which the business and trade laws differ from elsewhere
Other economic zones include the China-Pakistan economic zone open only to Chinese investors in Gwadar, Pakistan. There are talks of creating a Japanese city for investors from Japan only. There has been new SEZ proposed on the under-construction Sialkot-Lahore motorway; Qatar has proposed an investment for $1 billion in a new SEZ along the ...
Shenzhen, one of the first special economic zones of China and the "Silicon Valley of China". [87] [88] Notable high-tech companies such as Huawei, ZTE and Konka were all founded in Shenzhen in the 1980s. Xiamen, one of the first special economic zones of China Zhuhai, one of the first special economic zones of China