China's Special Economic Zones at 30

Three Hong Kong-based geographers assess retrospectively the performance of special economic zones (SFZs) in China on the eve of the 30(th) anniversary of their founding. After exploring the general rationale and historical context for the launching of the SEZ concept, they devote considerable attention to the divergent development paths and outcomes of the five SEZs established in China during the 1980s. Of particular importance has been the differing specific roles, assigned to the SEZs based on their internal characteristics as well as location relative to (and interactions with) areas of intense commercial activity (Hong Kong and Macao) subsequently Corning Under Chinese sovereignty. The paper concludes by viewing the past performance of the SFZs within the context of the gathering momentum of globalization that afforded entry for their export-oriented manufacturing activities into world markets, and explores some implications of the current worldwide financial crisis for their future. Journal of Economic Literature, Classification Numbers: O180, O200, P200, R120. 1 figure, 3 tables, 56 references,