Regulations exist in almost every part of the world. China’s Special Economic Zones are free from such regulations, and various foreign and domestic companies find it the best space to showcase their products and trade. The lack of regulations from Beijing, as well as other parts of China, is the main reason for the growth of overseas investments in the region. China currently demands a greater block in the economic platform, and that is likely to grow in future as well. The development of SEZs first transpired in 1980, and the focus was the possibility of opening China to the rest of the world. That also included the possibility of cementing the economic block due to the stiff competition that arises as a result of globalization. The demands are currently a reality, and China can enjoy the tremendous benefits due to such openings. Shenzhen was indeed a small town before getting a status associated with SEZ (Farole & Akinci, 2011). The town is currently one of the largest and contributes tremendously to the growth of the economy’s GDP. Even though the approach presented a rocky beginning, the main aim of the Chinese government was the encouragement of foreign investment, and that matured through the existence of relaxed regulations.
Ideally, every company is unlikely to invest in a region with tough regulations, and that is the reason for the under-development in most third-world countries. Chinese government realized the approach and decided to create a favourable working environment. The approach attracted investors from different parts of the world and is the main reason for the level of success experienced in the region. Trade in China is currently at its top, and you are likely to get almost every product in the region. Even though such growth exists, the concern should be on the best approaches to improve the working environment due to the excessive population. Such an amount of pollution greatly harms the environment and can affect the lives of plants and animals in different parts of the world.
Describe the value of Geographic Literacy (Geo-Literacy) and how it improves the quality of decision-making.
Humans must understand the environmental aspects around them to help in decision-making. Failure to understand such can greatly harm the individual as well as the environment at large. Geo-literacy relates to the possibility of applying the geographical phenomenon as well as understanding reasoning and decision-making. It is imperative to be aware before embarking on any geographical activity since there is always a negative and positive impact of the same (Hinde et al., 2007). In most occasions, individuals are likely to make a bad decision on matters related to the environment.
Having geo-literacy makes it possible to become mindful of the environment, and that helps in decision-making. The ability to make such wise decisions stands as the basis for positive breakthroughs. In the United States, for instance, geo-literacy is mandatory, and individuals must go through the curriculum to get the necessary information before practising. How such a concept improves decision-making is key. Ideally, it is possible to make a decision, and the best, once a person is aware of things within the environment. In most instances, people operate from a space full of noise. That makes it an uphill task to act with a sober mind and implement actions that promote sustainability.
References
Farole, T., & Akinci, G. (Eds.). (2011). Special economic zones: progress, emerging challenges, and future directions. World Bank Publications.
Hinde, E. R., Popp, S. E. O., Dorn, R. I., Ekiss, G. O., Mater, M., Smith, C. B., & Libbee, M. (2007). The integration of literacy and geography: The Arizona GeoLiteracy program’s effect on reading comprehension. Theory & Research in Social Education, 35(3), 343-365.
