Open AccessThe Ternary Marginal Extension of China’s Free Trade Zone Development
Author(s) -
Fangfang Wang,
Yanru Liu,
Juan Liu
Publication year - 2018
Publication title -
journal of finance research
Language(s) - English
Resource type - Journals
eISSN - 2591-7145
pISSN - 2591-7137
DOI - 10.26549/jfr.v2i2.791
Subject(s) - china , connotation , order (exchange) , foreign direct investment , international trade , economics , point (geometry) , economic system , business , economic geography , geography , mathematics , macroeconomics , philosophy , linguistics , geometry , finance , archaeology
This paper attempts to establish a framework of upgrading mechanism in China’s foreign economic opening strategy in order to conclude the new connotation of upgrade for China’s foreign economic opening, with the basic starting point of ternary marginal extension on extensive growth, in the perspective of corporate heterogeneity theory. It also involves the new path of the transformation from “quantity” to “quality” regarding the amounts, models and locations of China’s foreign trade and investment. At last, this theoretical frame is complemented upon a case study of free trade zone and regional cooperation of Guangdong, Hong Kong and Macao.