Farhan Ali Business in Pacific
             Most of China's five special economic zones are located in southeast China. (1) The 327.5-square-kilometre Shenzhen Special Economic Zone is located in the south of Guangdong Province, bordering Hong Kong's Kowloon. (2) The Shantou Special Economic Zone is located in the southeast of Guangdong Province. It is divided into two parts: Longhu in the eastern suburbs of Shantou, occupying 22.6 square kilometres, and Guang'ao Peninsula to the southeast of Shantou, occupying 30 square kilometres. (3) The 121-square-kilometre Zhuhai Special Economic Zone is located in the south of Guangdong Province, west of the estuary of the Pearl River, adjoining Macao to the south. (4) The 131-square- kilometre Xiamen Special Economic Zone, including Xiamen Island and Gulang Islet, is located in the city of Xiamen, Fujian Province. (5) The 34,000-square-kilometre Hainan Special Economic Zone, China's largest, encompasses the entire island province located to the south of China's mainland.
             Primarily geared towards exporting processed goods, the special economic zones integrate science and industry with trade, and benefit from preferential policies and special economic managerial systems intended to facilitate the export orientation. This set-up differs either from that used in other countries' export processing zones or from that scheduled to be used in the special administrative regions of Hong Kong and Macao after they return to their motherland. China's special economic zones are opening wide and offering preferential conditions to foreign investors. For example, foreign investors enjoy more favourable tax rates in the special economic zones than in inland areas; entry and exit procedures for foreign businesspeople have been relaxed to expedite their passage to and from the country; and significantly, the state has increased the parameters of the
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