Attract Foreign Investment And Economic Growth In Jiangsu Correlation Analysis

Foreign direct investment (FDI) is an important driving force of economic globalization as the main form of international capital flows, foreign direct investment on the role of the host economy has been growing concern for the domestic and foreign researchers. With the constant deepening of China's opening up, China's increasing scale of foreign investment. Since the 20th century, 90 years, China has been attracting foreign direct investment in developing countries, foreign direct investment on China's economic development plays a very important role.Jiangsu Province is located in the forefront of China's eastern coastal areas, superior investment environment, is the effective development of an open economy one of the provinces. From 2003 to 2009, the GDP of Jiangsu province for many years ranked first in the country. Taking into account the economy of Jiangsu in the important position of the national economy, this paper by studying the FDI and economic growth in Jiangsu Province, the correlation analysis from a number of aspects of Jiangsu utilization of foreign capital status and structure, is conducive to opening up new situation for regional interaction and economic growth. With the help of Jiangsu Province Statistical Yearbook provides data, using statistical data of Jiangsu Province in the 1985 to 2010 time series data from the scale of foreign investment, regional characteristics, the main source of industrial distribution and investment methods to analyze the use of foreign capital in Jiangsu Status and structural characteristics, combined with the existing theoretical research results at home and abroad, absorb and learn effective empirical research methods, the introduction of Jiangsu Province, analyzed the economic effects of foreign direct investment and the impact of foreign direct investment mechanism.Paper at the end, in front of theoretical explanations and empirical analysis, based on the current summary and how to effectively introduce and Jiangsu proposed use of foreign investment-related measures and suggestions.