The Statistics Of Foreign Direct Investment In China: A Public Administration Perspective

Among those three most important factors that drive Chinese economics to develop rapidly, investment has played a vital role. What's more, foreign direct investment (FDI) has devoted a lot. Therefore , the problems about the use and the regulation of foreign direct investment are crucial to the coming situation of Chinese economics. To solve these problems, getting the exact FDI statistic data is the base and the most urgent thing. According to that, the research on the analysis of foreign direct investment in China is much more meaningful.However, the current statistics of foreign direct investment in China has so many disadvantages, so there are huge differences in the coming out results between Business departments and Exchange departments, which has drown fierce attention through the society. At the same time, this problems will cause misunderstanding of the nowadays economics situation. As a result, the government can not rely on the statistic data. Out of the theory of public management, it will emerge a negative influence on the public policy setting. Furthermore, this is possibility that we may miss the time for another 30 years'high speed development by using the foreign investment.There are already have many relevant domestic researches around those issues, such like the comparison between statistics of foreign direct investment in China and international standard, the problems of the statistics of foreign direct investment in China and the accordingly policy suggestion and so on. But we should notice that this problem should not be simply seen as a economics issue. Instead, it's more proper to treat it as a public policy level issue, which means we should combine it with the policy establishment, that is, do the research from public administration prospect. It's necessary to analysis this problem from a view of public administration. Apparently, the current achievement is lack of that.Basing on that, this article attempts to break the common limitation, which means it will deal with this problem by using the public administration theory, especially something about the supplication of public goods and public policy. The feasibilities lie to three aspects: Firstly, the existing literature can help us understand the problems of Chinese statistics of foreign direct investment. Secondly, as a student focused on the public administration, the professional knowledge will guarantee that I can carry on this research from a brand-new view, in order to combine the simple statistic problem with the government policy establishment. Thirdly, since I work in the exchange department and dedicate in the relevant task, I'm sure that the working experience will be a advantage for doing this research.The first part describes the importance of the statistic of foreign direct investment, in order that the readers can be clear about the significance and the purpose of the article. In the following section, we give the definition of foreign direct investment and some other relevant necessary concepts. Then we make a nation comparison by listing the current statistics situation of some important western countries. In the third part of the article, we discuss the practical FDI statistics in China, including statistic requirement, statistic standard and statistic procedure. Due to the reason that the application of FDI statistics in China is implemented by business department and exchange department, we make the comparison at the end of each single paragraph, hoping that this can help the readers understand the Chinese FDI statistics process better. Because there are differences on the specific statistic process between the two departments, it's doubtful that whether the announcement data by two departments every year are true or not. Anyway, these are the outside phenomenon. We have to analysis the real reasons behind it. Through the specific analysis, we consider that there are some problems in the statistics system in our country which directly causes the untrue of data. For example, our system is not independent enough, so that our statistics can not implement objectively. Besides, there are not efficiently restrain about the submission of domestic companies. The result is that our government department can not get the data in time. And also this is high cost if we conduct the method that getting every single data by our own. Obviously that is an important reason of the untrue of data. What's more, we don't pay enough attention to the statistic works, as a result the law application and the punishment about illegal actions are far behind the international standard. In the fifth part, we put forward the policy suggestion. It can link up with the international requirement after completing the current rule of FDI statistics in China. Pay more attention to the FDI stock statistics. Establish the mechanism of cooperation of every relevant department. Strengthen the regulation of foreign direct investment in China. At the same time, we also need to reform the Chinese statistic system, set up the data quality evaluation system, innovate the offer pattern of public goods—support the development of non-official statistics, enhance the management of the institutions and staff on the job.