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RESOLUTION OF THE STANDING COMMITTEE OF THE NATIONAL PEOPLE'S CONGRESS AUTHORIZING THE PEOPLE'S CONGRESSES OF GUANGDONG AND FUJIAN PROVINCES AND THEIR STANDING COMMITTEES TO FORMULATE SEPARATE ECONOMIC REGULATIONS FOR THEIR RESPECTIVE SPECIAL ECONOMIC ZONES

Category  SPECIAL ECONOMIC ZONES AND COASTAL ECONOMIC DEVELOPMENT ZONES Organ of Promulgation  The Standing Committee of the National People's Congress Status of Effect  In Force
Date of Promulgation  1981-11-26 Effective Date  1981-11-26  

Resolution of the Standing Committee of the National People's Congress Authorizing the People's Congresses of Guangdong and Fujian Provinces and Their Standing Committees to Formulate Separate Economic Regulations for Their Respective Special Economic Zones



(Adopted on November 26, 1981)

    Having considered the proposal submitted by the State Council for
authorizing the people's congresses of Guangdong and Fujian Provinces and
their standing committees to formulate separate economic regulations for the
special economic zones in these two provinces and with a view to ensuring
the smooth progress of construction in the special economic zones in the two
provinces, fully adjusting economic management in the special economic zones
to the needs in the work there, and giving a more effective role to the
special economic zones, the 21st Meeting of the Standing Committee of the
Fifth National People's Congress resolves that, the people's congresses of
Guangdong and Fujian provinces and their standing committees shall be
authorized to formulate separate economic regulations for the special
economic zones in accordance with the principles provided in relevant laws,
decrees and policies and in the light of the specific conditions and actual
needs in the special economic zones in those provinces, and they shall submit
these regulations to the Standing Committee of the National People's Congress
and the State Council for the record.?




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