Urban Enterprise Zone

Urban Enterprise Zone

An urban enterprise zone is a location where measures to promote economic growth and development are applied. It is a defined region within a city…
Free-trade Zone

Free-trade Zone

A free-trade zone (FTZ) is a type of economic zone. It is a geographical area where items may be imported, kept, handled, manufactured, or reconfigured…
Special Economic Zone

Special Economic Zone

A special economic zone (SEZ) is an area with different business and trade laws than the rest of the country. It is a designated territory…
Key Features and Functions of Business Incubator

Key Features and Functions of Business Incubator

A business incubator is an organization that assists fledgling companies and individual entrepreneurs in the development of their enterprises by providing a comprehensive set of…
Exclusive Economic Zone (EEZ)

Exclusive Economic Zone (EEZ)

An exclusive economic zone (EEZ), as defined by the 1982 United Nations Convention on the Law of the Sea, is an area of the sea…
China’s Downside Risks are Increasing, and it is Less Likely that its Economy will Grow by 5% this Year

China’s Downside Risks are Increasing, and it is Less Likely that its Economy will Grow by 5% this Year

Without additional assistance, economists believe China will gradually miss its 5% growth goal for this year. The nation stopped publishing data on youth unemployment on…
Sharing Economy – a socio-economic system

Sharing Economy – a socio-economic system

The sharing economy is a socioeconomic system in which consumers participate in the creation, manufacture, distribution, trade, and consumption of goods and services. The collaborative…
China’s Property Problems aren’t Getting Better, Which is Why more Forceful State Support is Needed

China’s Property Problems aren’t Getting Better, Which is Why more Forceful State Support is Needed

The problems with China’s real estate are getting worse. Prospective homeowners are delaying purchases, which is causing lackluster sales and highlighting the urgent need for…
For the First Half of 2023, Chinese Technology Giant Huawei Reports Modest Consumer Sales Growth

For the First Half of 2023, Chinese Technology Giant Huawei Reports Modest Consumer Sales Growth

The Chinese tech firm Huawei announced on Friday (August 11, 2023) that its consumer business revenue increased by 2.2% over the prior year. The moderate…
Capital Accumulation

Capital Accumulation

Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or other financial assets with the purpose of growing…
Cycle of Poverty

Cycle of Poverty

In economics, a poverty cycle or poverty trap is generated by self-reinforcing mechanisms that cause poverty, once established, to endure unless outside action is provided.…
Income Inequality

Income Inequality

Income disparity refers to how income is distributed unequally across a population. The larger the income inequality, the less fair the distribution. Wealth disparity, or…
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