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On China's Use Of Foreign Direct Investment Policy Options

Posted on:2004-05-18Degree:MasterType:Thesis
Country:ChinaCandidate:H YouFull Text:PDF
GTID:2206360092485152Subject:International Trade
Abstract/Summary:PDF Full Text Request
1.Writing purpose Since the beginning of reform and opening-up, China has made great progress in introducing foreign capital, and the policy-oriented in its course is high-visible. Besides, present western direct investment theories analyze mostly the developed countries' investment interests and investment policies, but the developing countries' policies of absorbing foreign capital are seldom mentioned. So, on the basis of establishing the theoretic model of mutual supplement with each other's advantages that gives consideration to investor and introducer, from the point of the investment systemic factors, the paper tries to analyze our policy choice of introducing foreign capital and its effect, and make some predictions and proposition. 2.Theme As a big developing country in the period of economic transition, policy choice plays a key role while we introduce foreign capital, so its golden rule must be perspective. At the same time, it's necessary to perfect correlative policies constantly, to solve the question of policy "absent" or "pass" caused by development during development. Especially after entry into WTO, we should keep current foreign capital policy macroscopically relatively stable, continuous, anticipatable and microscopically flexible and executable so that it is in harmony with our economic strategic objective and the trend of international direct investment. 3. Thesis frame The full text amounts to five parts, including the preface and four chapters. Its frame is as following: Draw the question (the preface) -->Frame theory (chapter one) -->Analyze policies (chapter two and chapter three) -->Predict and propose(chapter four)4.Content outline Chapter One puts forward the mutual supplement with each other's advantages theory about international direct investment. Section One thinks western investment theories are limited in studying investors' advantages and investment field. Real international direct investment is the result of the two subjects, investor and introducer, unifying their two-way behaviors. Only after harmonizing both sides' reasons, terms and targets of investing and introducing on the basis of giving consideration to the interests of both sides, investment could be realized effectively.In Section Two, on the base of the rational kernel of the western investment theories and the competitive advantage theory, paper points out that international direct investment theory should include reasons, terms, environment needed by the investment taking place effectively. Its overall frame should give consideration to both investor and introducer, and more important, be a model system constituted close by combination system, operation system and environment system. Besides, according to Potter's competitive advantage theory, we find the research to advantage key elements is the core and main content of international direct investment theory, corresponding to which, enterprise's advantage key elements can be divided into three big classes: combination advantage key element, operation advantage key element, environment advantage key element. So the theoretic system of mutual supplement with each other's advantages should emphasize preponderant key elements, and take the investment reasons, terms and environment of investor and introducer in account.Section Three is about the design of the mutual supplement with each other's advantages. On the base of three systems and the advantage key element system, paper puts forward the thought and principle needed by applying the theory. As for our country, introducing foreign capital is mainly to introduce combination key elements such as fund, technology andmarketing, etc, which can strengthen the competitive advantage. So, the theory of mutual supplement with each other's advantages can be looked as one guideline and test stone for introducing foreign capital. Especially from the macroscopical aspect, the national advantage can reflect for direct effect of government's behavior, especially the foreign ca...
Keywords/Search Tags:Foreign direct investment, Policy choice, Export-oriented and Technology-oriented, The mutual supplement with each other's advantages theory
PDF Full Text Request
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