CHINA’S EXPERIENCE IN FINANCING SPECIAL ECONOMIC ZONES AND ITS APPLICABILITY TO UZBEKISTAN

Authors

  • Dr. Ma Xinliang PhD. in Management, University of Stirling, United Kingdom Senior Economist and Lecturer College of International Education Xinjiang Agricultural University Author
  • Nurijahon Valikulova Tashkent State University of Economics, Student of the faculty of Finance Author
  • Muhriddin Husenov Tashkent State University of Economics, Student of the faculty of Finance. Author

DOI:

https://doi.org/10.5281/zenodo.15597456

Keywords:

special economic zones (SEZs), foreign direct investment, exports, economic liberalization, innovation ecosystems.

Abstract

This article analyzes the specific features of the Special Economic Zones (SEZ) model in China and explores the possibilities of adapting this experience to enhance the effectiveness of SEZs in Uzbekistan. Additionally, by comparing China's experience with Uzbekistan’s current SEZ system, the article identifies key reform directions aimed at attracting foreign investment and expanding exports.

References

1. Farole, T. and Akinci, G. (2011) Special Economic Zones: Progress, Emerging Challenges, and Future Directions. Washington, DC: World Bank.

2. Zeng, D. Z. (2010) Building Engines for Growth and Competitiveness in China: Experience with Special Economic Zones and Industrial Clusters, World Bank Policy Research Working Paper, No. 5443.

3. Abdullaeva, N. (2021) Challenges of Uzbekistan’s Free Economic Zones in Attracting Foreign Investment, Central Asian Economic Review, 14(3), pp. 45-58.

4. Khamdamov, U. (2022) Evaluating the Role of Special Economic Zones in Uzbekistan’s Economic Development, Journal of Economic Policy and Reform, 9(1), pp. 12-28.

5. UNCTAD (2019) World Investment Report 2019: Special Economic Zones. United Nations Conference on Trade and Development. Available at: https://unctad.org/webflyer/world-investment-report-2019

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Published

2025-06-04

Issue

Vol. 5 (2025): MOLIYA, PUL VA KREDIT

Section

Articles