China’s Integration into the Regional Economy

Shaun Breslin

Chapter 6 in Perspectives on Economic Integration and Business Strategy in the Asia-Pacific Region, 1997, pp 92-120 from Palgrave Macmillan

Abstract: Abstract In July 1995, Li Boxi, a senior economic researcher for the State Council, announced her proposals for the development of China’s Special Economic Zones (SEZs) (CNS 3/7/95). Amongst the proposals were the objectives of ensuring that the SEZs ‘meet the needs of the international Community’ by keeping ‘a close watch on structural adjustment in the international community and the international market’ and an assertion that China should try to attract more investment from major transnational corporations (TNCs). Li’s comments would not be out of place in Taiwan, South Korea, Singapore or in any number of the European regions competing for investment. Although it still sounds somewhat strange to hear the Chinese Communist Party (CCP) complaining that there are not enough TNCs in China, this approach to the international economy has been an important component of Chinese policy since the mid-1980s.

Keywords: Foreign Investment; Regional Economy; Economic Integration; Chinese Communist Party; Chinese Economy (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25641-9_6

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DOI: 10.1007/978-1-349-25641-9_6

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