중국 주요 물류거점도시 발전전략 연구

Abstract

A Study on the Development Strategy of Chinese Logistics Hub Cities and its Implication to Korean FEZs Park, Min-gyu·Lee, Jang-won The term "Free Economic Zone(FEZ)" means the zone, which is developed with the aim of improving the business environment for foreign-invested enterprises and the living conditions for foreigners (Free Economic Zone Law, Article 23). Korean three Free Economic Zones were officially designated and established by the Korean government from August 2003 to April 2004. The Korean government fully supports free international business and the standards of company management demanded by today's global market.Three years have passed since its establishment, and FEZs have achieved many things including couple of FDI inducement. However, FEZs is still far from its original goal creating the most favorable business and living environment where foreign nationals can live and invest freely and conveniently. Many commentators criticized FEZ because of its opaque, inefficient management system and weak legal support.A major by-product of the China's "open door policy" is the highly publicized development of "Special Areas" including "Special Economic Zones" (SEZs) and "Coastal Economic Open Areas." There are two broad principles for which the SEZs operate: (1) "foreign investors and enterprises located in the special areas are to enjoy preferential treatment in the form of lower tax rates and easier entry and exit procedures;" and (2) "the local government authorities are to have greater decision-making power than as previously available to them in China."Korean government is pressing on with much needed legal and system reforms establishing a more positive investment climate for foreign investment enterprises operating within its FEZ. This article suggest that the reforms should focus on independency and efficiency of FEZ.