Fdi Inflows To The Impact Study Of The Structure Of China's International Balance Of Payments "double Surplus"

Since the middle of the 1990s, China's international balance of payments has continued to show "double surplus" structure for more than ten years. The "double surplus" structure, which is large-scaled and long-durationed,is both contrary to the traditional stage theory of international payments, but also the countries which is in different stages of the international balance of payments in reality. By studying the process of Foreign Direct Investment in China and the change of the international balance of payments structure, we can found that the "double surplus" structure formation and the inflow of foreign direct investment are closely related. This article from Foreign Direct Investment on the balance of payments current account and capital and financial impact of the project approach and impact in areas such as inspection, found that current trade surplus is a large part of the contribution of foreign direct investment, but generally lower than domestic enterprises export capacity. Large inflows of foreign direct investment and the imbalance of China's foreign exchange controls, resulted in a surplus situation in the long-term financial projects. China must take timely and reasonable measures to adjust the "double surplus" structure to ensure balanced economic development at home and abroad.