Study On The Change Of Policy Tools Selection Of Foreign Capital

The study of policy tools is growing up to a new embranchment and subject field. How the government selects the policy tools in scientific way is a new inspection of research. As the post-interim of investment policy accession to WTO is coming, the Chinese government should reconsider the selection of tools of foreign capital policy, unifying own development.The innovation of the thesis is choosing a kind of assortment of tools selection, and then compared to the changes of tools selection of foreign capital policy in China since the reform and opening up, it analyzes the"game"of the policy tools and the inducement of it. At the end of thesis it puts forward that in the new period, namely the post-interim of investment policy accession to WTO, the government should adapt itself to changing circumstances and select proper policy tools. The author considers that in the new circumstance, the government should stand out its own policy's leading function and change the former single exertion in selection and exertion of tools. Facing the new complex economic circumstance, the government should attach importance to harmony and combination of all kinds of policy tools, realizing optimum efficiency of policy.This thesis is composed of four parts:The first part expounds related conception. It introduces the relationship of foreign capital policy and tools of foreign capital policy and puts forward an assortment that the author elects. And then analyzes several dimensionalities that influence policy tools selection: the capacity of the government and society; the matching degree of policy tools and policy objective; the matching degree of policy tools and target groups. This part establishes the analytical framework of the full text.The second part: the evolvement of tools selection of foreign capital policy in China. It expounds four phases of foreign capital policy in China, and analyzes the background factor that influences the selection and the practice and the affection of tools selection of foreign capital policy in each phase.The third part analyzes the"game"of tools selection of foreign capital policy. It explains the selection of tools is a course of"game". Combining the four dimensionalities that influence the election mentioned in the first part, it analyzes the factors that cause the changes of tools selection.The fourth part is about the new trend of tools selection of foreign capital policy. From the new background of the post-interim of investment policy accession to WTO, it puts forward the new viewpoint of policy tools selection——Combinatorial Optimization of tools, and points out new practice of tools selection in the new circumstance of the policy concretely.The author tries to build a new analysis framework and to explain the present practice of the selection of policy tools. It is of certain significance in guiding the current tool innovation in foreign capital policy area. However, because of the author's limited academic level and cognitive ability, this thesis is not perfect in its depth and completeness. Further research in this field is still in need.