EVENT INFORMATION

15
July
1979

Coastal provinces receive authority to test special economic zones

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📅 15 July 1979 📍 China

A central decision authorized Guangdong and Fujian to use more flexible economic policies and attract overseas Chinese and foreign investment. The measure combined decentralization with an explicitly bounded experiment, and drew on cross-border capital and kinship ties that had survived revolution, war and migration.

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People in this event

Deng Xiaoping

Xi Zhongxun

Organizations in this Event

Central Committee of the CPC

Guangdong

Fujian