Special Economic Zones: A Comparative Analysis of China and Pakistan

Abstract

Pakistan and China enjoy close bilateral relations, owing to the ‘China-Pakistan Economic Corridor (CPEC) as China is developing a special economic zone across Pakistan under CPEC. SEZs are a new phenomenon for Pakistan and it’s the need of the hour for Pakistan to study the working mechanism of China’s SEZs to work on those challenges that Pakistan is facing due to non-expertise in this sector. China has a deep-rooted history as far as SEZs are concerned. With China’s experience and progress, a comparative analysis of Chinese SEZs could provide benefits for Pakistan. This study aims to give a comparative analysis of SEZs in both countries. A comparative analysis between China and Pakistan’s SEZ policies will help Pakistan in making better economic policies about Special economic zones.