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FDI Policies and Prospects in China

Paul Fischer

Chapter 5 in Foreign Direct Investment in Russia, 2000, pp 147-196 from Palgrave Macmillan

Abstract: Abstract China provides one of the most striking examples of economic recovery through targeted FDI. It illustrates how a large emerging economy can be steered to a high-growth course by sound macroeconomic management coupled with a long-term FDI policy. A closer analysis of Chinese FDI patterns and policies over the past 15 years shows a strong correlation between the country’s high economic performance and appropriate instruments and incentives to systematically attract TNCs. FDI-induced industrial modernization and enterprise competitiveness were achieved through farsighted policy measures which helped increase locational advantages and the effective use of available resources.

Keywords: Foreign Investment; Joint Venturis; Domestic Investment; Chinese Authority; Industrial Transformation (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97759-0_6

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DOI: 10.1057/9780333977590_6

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