Tag Archives: special economic zone

Qianhai – a new kind of experiment

The new special economic zone in Shenzhen, one of three designated by Beijing for the next stage of China’s Reform & Opening, has been slow getting going, but changes are being accelerated.

As far as special economic zones go, Qianhai is not meant to impress with its size. At just 18.04 sq km, the new zone in the western side of Shenzhen, facing the South China Sea, is relatively small, with not much room for future expansion – unless further reclamation work is done. But that is just fine for local and national officials, for now. What Qianhai is set to accomplish in the coming years, under the Greater Bay Area masterplan, is all about quality rather than quantity.

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Beijing taps Shenzhen, again

The ninth meeting of the Central Committee for Comprehensively Deepening Reform (CCCDR) was held on Wednesday. Established as part of the massive party-state restructuring launched in March 2018, Trivium China calls it “the most important policymaking body in the land.” That’s right, more important than even the Politburo Standing Committee.

The meeting has approved 11 documents, most of which you would need a Western-Chinese political dictionary to understand. The one that stood out for us was No. 10: “Supporting Shenzhen to become a pilot demonstration area for socialism with Chinese characteristics.”

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