Xiamen Special Economic Zone (Chinese: 厦门经济特区; pinyin: Xiàmén Jīngjì Tèqū), established in October 1980, is one of the five special economic zones in the People's Republic of China. Originally comprising a territory of 2.5 km² in Xiamen City, it was expanded to 131 km² in 1984, covering the entire Xiamen Island, which comprises Huli District and Siming District excluding Gulangyu.
Haicang and Xinglin districts were designated "Taiwan Businessmen Investment Zones" on 20 May 1989, and Jimei District was designated in 1992. Foreign investment enjoys the same economic policies as in the special economic zone.
Famous quotes containing the words special, economic and/or zone:
“We defy augury. There’s a special providence in the fall of a sparrow. If it be now, ‘tis not to come. If it be not to come, it will be now. If it be not now, yet it will come. The readiness is all.”
—William Shakespeare (1564–1616)
“A society in which everyone works is not necessarily a free society and may indeed be a slave society; on the other hand, a society in which there is widespread economic insecurity can turn freedom into a barren and vapid right for the millions of people.”
—Eleanor Roosevelt (1884–1962)
“In the zone of perdition where my youth went as if to complete its education, one would have said that the portents of an imminent collapse of the whole edifice of civilization had made an appointment.”
—Guy Debord (b. 1931)