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ID: 110076

Chinese local administrative measures for building up the headq / Chan, Che-Po; Poon, Wai-Kit

Chan, Che-po	Journal Article
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2012.

Summary/Abstract

Why do large domestic and multinational enterprises choose one Chinese city over the others in which to set up their company headquarters? What could the Chinese local governments do in order to attract enterprises to establish headquarters in their localities? Following the Chinese commonly used term 'headquarter economy' and investigating the issue mostly from the local governments' perspective, this research examines two cases, Pudong and Shenzhen, to see how they have capitalized on their local advantages and attracted different types of large investments. Both the Pudong and Shenzhen governments provide preferential policies and administrative reforms to build a good investment environment and to develop a 'headquarter economy'. Their preferential policies are similar in design but different in content, so as to attract different target investors. Their administrative reforms are similar in direction but with variations in pace and design for implementation. Our conclusion shows that 'headquarter economy' is a concept flexibly used and wisely adopted by Chinese local governments to develop local economies.

Key Words

Economy ; China ; Pudong ; Shenzhen ; Chinese Local Administrative Measures ; Chinese Local Governments ;
Headquarter Economy

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ID: 072866

Evolution of the Pudong Government: Chinese local administrative reform in adapting to an expanding market economy / Chan, Che-Po; Poon, Wai-Kit

Chan, Che-po	Journal Article
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2006.

Summary/Abstract

While the Chinese local adminstrative reforms so far have aimed at adapting to a market economy, in Pudong administrative reform has focused on setting up a local government that conforms to WTO rules and managing a market economy that integrates domestic and foreign investments. This article evaluates the results of the Pudong administrative reform and argues that the reform was part of building up an infrastructure conducive to investments. The reform obviously achieved the objective of attracting large capital investments, but there is still much room for improvement in the setting up of a fair economic market for all competitors.

Key Words

China ; Local Administrative Reform ; Comprehensive Reform ; Pudon New Area Government ; Investment Environment

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