Territories with a Special Regime for Business Activities: Experience of China

The article examines China's experience in the context of legal regulation of the institution of special economic zones, analyzes measures taken by China to attract foreign investment by creating "enclaves" of a market economy in the territory of socialist China, using public management strategies and spatial development of the economy. The author examines the withdrawals of stimulating (a different set of benefits and preferences) and restrictive (closed list) character, which are part of a special mode of carrying out business activities in the territory of special economic zones. According to the author of the article, China's focus on the development of innovations has manifested itself in the implementation of the cluster approach, including the example of experimental free trade zones. In this regard, the question is raised regarding the possibility of adapting the "Chinese economic miracle" to the Russian realities.

territory with a special regime of business, special economic zones, China, foreign investments, innovative economy, legal regime of business activity, cluster approach, tax benefits, management of the territory with a special regime of business, comparative law, spatial development of the economy

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