China’s Free Trade Zones: Regulatory Innovation, Legal Assessment and Economic Implication

Delei Peng and Xiuyan Fei

Chinese Economy, 2017, vol. 50, issue 4, 238-248

Abstract: This article analyzes the construction of China’s Free Trade Zones (FTZs) from legal and economic perspectives and analyzes its economic implication. It presents the regulatory innovation on the FTZs and explains the legitimacy of the establishment of the FTZs. A full legal assessment on the FTZs is made and the weak points there of are indicated. To establish a legal assessment mechanism for the FTZs is considered as necessary to maintain a sound and sustainable development of the FTZs. In addition, the positive effect of the FTZs on the Chinese economy is analyzed and has been proven.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:mes:chinec:v:50:y:2017:i:4:p:238-248

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DOI: 10.1080/10971475.2017.1321886

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