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The article argues that the concept of a "special economic zone" (SEZ) has its limits, but SEZs can be useful if they encourage experimentation within economies. According to the article, SEZs offer a combination of tax-and-tariff incentives, less regulation, and streamlined customs procedures. Free-trade zones and SEZs in places such as Shenzhen, China are mentioned, along with political oversight and freedom from government bureaucracy. Chinese economic reforms are also examined.

The article focuses on the performance of the Shanghai Free Trade Zone, a special economic area established by Chinese Prime Minister Li Keqiang in 2013. Topics include the opening of the gold market in China, economic innovation in the zone, and the number of foreign firms and foreign investment flowing into the zone.

Presents information on the impact of the Asian economic crisis on the port city of Shantou in the Chinese province of Guangdong. City a special economic zone; The expatriates of city sending back funds and investments; How the collapse of other Asian currencies has hurt their economy; China's reaction to the crisis including lowering the water and electricity prices for factories.