abril 26, 2019

Overseas trade zones serve as model to boost economy

Overseas trade zones serve as model to boost economy

2 minutos China could share its successful experience of the past 40 years with countries involved in the Belt and Road Initiative by running industrial zones in these countries, a senior United Nations official said. In late 1990s, China started to build economic and trade zones overseas, and had 113 such zones by last November. They have attracted a total of $42.14 billion in investment and paid $3.24 billion in taxes to host countries. A total of 302,000 jobs have been created in these Leia mais

AMLO cancels Special Economic Zones: ‘they were of no benefit’

AMLO cancels Special Economic Zones: ‘they were of no benefit’

2 minutos President López Obrador confirmed today that his government will eliminate the country’s seven Special Economic Zones (SEZs), declaring that they were of “no benefit” to the economy. The president responded bluntly to a reporter who asked at his morning press conference whether the SEZs are going to disappear. “Yes, completely,” López Obrador said. “They were supposed to help but they never did anything to help. They [the former government] did business, they bought land, they squandered resources [but] there was no benefit Leia mais