THE MAIN DIRECTIONS OF INTERNATIONAL EXPERIENCE OF CREATION AND FUNCTIONING OF FREE ECONOMIC ZONES ON THE EXAMPLE OF SEZ CHINA
The authors analyzed the world experience of creation and functioning of free economic zones (FEZ). The study found that the world experience of creation and functioning of FEZ is vast and differs considerable geographical, legal, organizational and economic diversity. Creating SEZ allows any country to modernize its economy, right up to its transformation from a closed to open. At the same time modernizing the impact zone on the national economy is manifested not only through the direct economic, but also through demonstration and training effects. The paper examines the experience of creating a free economic zone in China. This experience is important for Russia, because of the partial similarity of the social, political and economic conditions in the transition to a market economy. In the formation of China’s SEZ marked several milestones in each of which formed a special type of zone. Despite the significant positive economic performance of the SEZ in China, the article discussed a number of problems of their functioning. The authors concluded that the main areas of the world experience in the development and functioning of SEZ in China is very important for Russia.