An analysis of the Chinese inward FDI development and regulation policy and the Five-Year Plans

Tomás Costa de Azevedo Marques () and Giorgio Romano Schutte ()

Brazilian Journal of Political Economy, 2024, vol. 44, issue 2, 261-279

Abstract: At the end of the 1970s, the People’s Republic of China (PRC) promoted policiesto attract investments from the developed capitalist world, aiming for technological transferand offering a profitable environment in exchange. Although the TNC capital, know-how,and technology have been key factors for Chinese development, the State has planned and regulated those investments, so they can be aligned with an autonomous project of development,avoiding the classic centre-periphery dependency relationship. This paper analysis focuseson the Five-Year Plans, and the regulation policy laws for inward investment. At theend we analyse the FDI data, which allowed us to identify the main changes and distinctphases of the development of FDI and the State policy. JEL Classification: F63; N95; O19.

Keywords: FDI; development policy; state and markets; five-years plan (search for similar items in EconPapers)
Date: 2024
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