FDI And The Development Of Modern Service Industry In Binhai New Area

In "the views of the relevant issues on promoting the development and opening about Tianjin Binhai New Area",State Department clearly function the orientation of Tianjin Binhai New Area is that"relying on Beijing,Tianjin and Hebei,services to Bohai,radiation 'Three North',for Northeast Asia,efforts to build in Northern Chinaopening up a gateway,a high level of modern manufacturing and R&D transformation base,northern international shipping center and international logistic center. "This proves that the state's emphasis on economic development of Binhai New Area, but according to incomplete statistics, the Binhai New Area of foreign capital inflows were concentrated in manufacturing and other secondary industries, modern service industry low proportion of foreign investment.Therefore, studying how the effective use of the FDI in Binhai New Area, accelerate the development of modern service industry of Binhai New Area has important theoretical and practical significance.It adopts a logical approach to gradually in-depth discussion, the basic context and main contents are:the first part of the research pointed out the theoretical and practical significance, and a clear definition of the concept about the caliber of data related to FDI and modern service industry;The second part combed the literature and were briefly reviewed and summarized;The third part detailed analysis the status and trends about the development of global modern service industry, the global service gradually to occupy the position of the economy,the employment increase and manufacturing a good interaction between the mechanisms and the modern service industry.Binhai New Area was followed on the industry localization,vigorously develop the logistics industry, financial industry and service outsourcing industry in the emerging modern services; The fourth part use the "performance index" and "potential index" edited by UNCTAD, Comparative analysis the the development of modern service industry in Shenzhen Special Economic Zone,Shanghai Pudong New Area and Tianjin Binhai New Area between 2005-2008, thus deriving the strengths and weaknesses for Binhai New Area in the development of modern service industry; The fifth part conceived the development of modern services in Binhai New Area, including finance, logistics and tourist industry vision; The last part come to the conclusion and policy recommendations.The empirical part use the"performance index" and "potential index"edited by UNCTAD analysis the modern service industry FDI in the three special open area, at the same time analysis the SWOT framework, reached the advantages and disadvantages about the modern service FDI in Binhai New Area.Analysis showed that the in the Binhai New Area the "performance index" is the first one, shows that the absorption of FDI of modern service industry in Tianjin Binhai New Area has done more prominent, has the comparative advantage, but "potential index" Difference in apparent,Binhai New Area ranking on the list, however we should pay attention that the number of highly educated proportion of the total population of the element's position in Tianjin Binhai New Areahas always been a leader, it shows that Tianjin Binhai New Area more focus on talents, inconstant reserve personnel for the economic development.Two important policy implications of this paper are, first:the Foreign direct investment of modern service industry in Tianjin Binhai New Area has a certain positive effect on economic growth, in the context of the current economic downturn, the economic development in developed countries,may be out of the introduction of foreign direct investmentmodel, but as Binhai New Area is still in the early stage of development of modern service industry, attracting foreign direct investment, largely favorable to their development; Second:Binhai New Area, the modern service industry in the process of attracting FDI, the primary factor is the openness of Binhai New Area and an important index to measure the degree of openness is scale and level of trade in services, trade of services in Binhai New Area is still in its infancy stage, commercial presence should be a important way to attract FDI,at the same time learn experience from multinational corporations to develop other forms of trade in services, such as tourism consumption in abroad, cross-border supply and movement of natural persons.