China Attracting Fdi Policy Adjustment Research

With the trend of economic globalization strengthening, daily increasing international flow on commodity and producing factors promotes FDI (Foreign Direct Investment) to develop further. Meanwhile, FDI development deepens the economic globalization, so attracting FDI has been an important means for China to participate in the global economy. Now the new challenges of FDI policy facing China is how to adapt the environmental changes at home and abroad, how to actively and effectively attract FDI in developing China's economy, in order to acquire the benefits from the process of globalization. After analyzing the evolution of FDI policy and the necessity and feasibility of the policy adjustment, this article proposed some suggestions on how to rectify FDI policy. The adjusted policy will positively lead FDI to satisfy the needs of our country economy scheme and the needs of investment rules under framework of the World Trade Organization (WTO).On the basis of FDI theories, adopting historical examination and realistic analysis, positive and normative methods, this article uses dynamic measures to analyze the development of FDI policy. Firstly, considering FDI quantity positive analyzed, the paper makes the stage division for the history of attracting FDI in China. After examination on specific regulations of FDI policy in different periods between the year of 1979 and 2004, fruitful policies for various stage and trend features for FDI inflow policy are achieved. Secondly, analyzing the economic environmental changes of the globe, then the paper puts forward to the necessity of FDI policy adjustment. Thirdly, viewing the FDI theories and studying the positive analyzing results on domestic economic situation, the paper takes normative way to analyze the feasibility of policy adjustment. Finally, using the positive analysis, the paper analyzes the policy adjustment objective, grounds and gives suggestions.There are innovations illustrated in three aspects. On the one hand, taking Dunning's thoery of "OLI Paradigm" and Investment Development Stage Theory as references to analyze the attracting FDI policy adjustment, changing the analytical perspective from the investor to the host country, and at the same time the impact of...