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The Development About China's Investment In Africa Under The View Of Marxism Economical Globalization Theory

Posted on:2015-05-21Degree:DoctorType:Dissertation
Country:ChinaCandidate:J ChengFull Text:PDF
GTID:1319330428975215Subject:History of development of Marxism
Abstract/Summary:PDF Full Text Request
China's investment in Africa is a new topic on which has not been deeply researched in the academic field, meanwhile it has great practical significance. African people would like to realize their African dream at the same time Chinese people realizing our Chinese dream. The paper attempts to use Marxism economical globalization theory to analyze the development of China's investment in Africa, and find how to bind the Chinese dream and the African dream in order to realize our dream together.Marxism world history theory contains the thnikings of economical globalization. It developed from Marx, Engels, Lenin and Stalin to Mao Zedong, followed by the new generation leaders since the reform and opening up in China, including Deng Xiaoping, Jiang Zemin, Hu Jintao and Xi Jinping. The core of Marxism economical globalization theory consists of productivity, production relations; capital; international division of labor; world market and international value. The evolution of Marxism economical globalization theory though Chinese leaders can be summarized as follows:Mao Zedong laying the foundation, Deng Xiaoping drawing a blueprint, Jiang Zemin fully implementing the strategy, Hu Jintao deepening the ideological content, till now Xi Jinping proposing the current strategic target and framework in the new era.Currently Chinese investment model has achieved a great success in Africa, but it is not perfect as is facing with many challenges. For example, we are discussing whether China's investment in Africa is simply to maximize profits or not. The output of China's capital into Africa is "new-colonialism" or not? All these questions have to be answered one by one, so as to guide our action of Sino-African investment strategy.Sino-African investment belongs to China-Africa Cooperation under bilateral relations, which basically should be the scope of "South-South cooperation", not simply a relationship between capital export and capital input and Zero-sum Game, but a win-win cooperation. China-Africa cooperation always upholds politically independent and economically dual-development principles, which is the extension and deepening of our socialism foreign policy with Chinese characteristics. The fundamental cause of investment which is the capital output, in line with China's foreign economic development needs and the needs from African countries, can not only overcome the energy shortage of resources, but also fulfill China's industrial upgrading and industrial transfer. China's investment in Africa has consistently adhered to the principle of non-interference, equality and mutual benefit principle, the non-exclusive principle, and has a certain structural characteristics. According to statistics, the manufacturing, financial services and construction accounted for more than60%in China's investment in Africa, while the energy and resource industries only accounts30%. This demonstrates that the majority of our investment focusing on economic development in African finance and infrastructure construction has significantly improved the living standards of local people. These data show that compared to Western countries, China is carrying out a new type of strategic partnership and a mutually beneficial relation, which is different from so-called "new-colonialism".There was no doubt that globalization allocates resources in the world in a positive manner and fully enhances the production. By describing Marxism economical theory, the paper reveals the history and contemporary globalization problem, which has great theoretical value for us to understand and determine opportunities for China-Africa cooperation. Starting from the history of the African renaissance and the opportunity to change the Sino-African investment strategy, the paper try to analyze, summarize new initiatives on Sino-African investment, which leads to the conclusion: China-Africa cooperation, comprehensively and complementary, is the best of strategic cooperation. A long history of cooperation between China and Africa, long-term friendly relations of cooperation, mutual trust and mutual political and complementary economic dependence, cultural communication and integration, fits well on the stage of development. China-Africa cooperation, especially Chinese investment in Africa, will provide invaluable opportunities for development in the second decade of the new centuries.The rapid development of China-Africa investment cooperation does not mean perfect, fast does not mean "healthy" and "sustainable". Firstly, we face challenges from old capitalist Europe countries and BRIC countries as well as other emerging economies; Secondly, we face challenges of changing politics, economic backwardness and cultural conflicts within Africa; Thirdly, we face challenges of lacking macro guidance, supervision and service system, poor corporate social responsibility of investors from our own side.From the logic of capital theory, from the thought of the international competitiveness, and from the significance of learning from foreign experience, Marxist economical globalization theory closely linked to the realization of Chinese dream and the African dream, which has a great practical significance. On the actual operation level, the paper gives a suggestion from the following three aspects:Sino-African investment mechanisms, policy recommendations, institutional proposals with which put forward the views with practical significance.Finally, Sino-African investment has achieved rapid development since the reform and opening up in China, which is closely linked Chinese dream and African dream. Globalization brings us hopes as well as challenges in this complicated international environment. How to seize opportunities; meet challenges is the objective fact that we have to face; which will also need our scientific and correct application of Marxism theory to guide our understanding of the opportunities, to solve the problem in the confliction.
Keywords/Search Tags:Economical Globalization, Sinicization of Marxism, China'sInvestment in Africa, Development, Opportunities and Challenge
PDF Full Text Request
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