Impact of the Pandemic on China’s Investment Attractiveness
Vladimir Josiofovich Bunkovsky and
Zhou Linà (China)
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Vladimir Josiofovich Bunkovsky: Irkutsk National Research technical university, Irkutsk, Russia
Zhou Linà (China): Irkutsk National Research technical university, Irkutsk, Russia
Russian Foreign Economic Journal, 2021, issue 4, 53-66
Abstract:
In the article, the key factors in improving the investment attractiveness of China for foreign direct investment under the pandemic are identified: huge market and localization of complete and efficient production chains in it; macroeconomic stability; stable monetary policy; significant foreign exchange reserves; continuous improvement of the business environment; government support for foreign trade; introduction of the law on foreign investment; higher level of added value of the manufacturing industry; developed infrastructure; larger number of high-tech labour force. The key areas for foreign direct investment in China in the future are: “To China for China”; strengthening the protection of intellectual property rights; green industry development; development of the medicine and healthcare.
Keywords: Pandemic; foreign direct investment; production chains; macroeconomic conditions; business environment; monetary policy; value added; infrastructure; innovation; green industry; intellectual property; medicine; healthcare. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_04_53-66
DOI: 10.24411/2072-8042-2021-4-53-66
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