According to the âAbout URACâ page that can be found on the organizationâs website: For 25 years, URAC has been the independent leader in promoting health care quality through accreditation, education, and measurement.
The Development of Chinaâs Special Economic Zones. Chinaâs Special Economic Zones (SEZ) are areas in which foreign and domestic companies can trade and invest without the same control and regulations from Beijing as other parts of China (Britannica.com). These areas are designed to encourage overseas investment in China and boost the countryâs economic growth.
Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its historical transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry.