Special Economic Zones Purpose in China

Question

Special economic zones in China were set up to:

Select an answer

Special economic zones in China were set up to:

  1. Promote agriculture
  2. Attract foreign investors — Correct Answer
  3. Reduce population
  4. Promote education
Explanation:
Correct Answer Explanation

Special economic zones were set up in China to attract foreign investors.

Key Points:
  • SEZs were part of the reform process initiated in 1978.
  • They helped in rapid industrialisation and export growth.
  • Private sector firms and township and village enterprises were allowed to produce goods.
Why Other Options Are Wrong
  • A, C, D: The primary purpose was attracting foreign investment.

📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS

This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.

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