Research, And Investment-related Trade Measures

Investment Related Trade Measures (IRTMs) is the counterpart of Trade Related Investment Measures (TRIMs). Study of IRTMs includes those trade policies and measures, which affect the quantity, industry sectional constitution and geographical distribution of foreign direct investment, which in turn will, in a long run and potentially, affect the future inflow and outflow of trade. The author is trying to find a way to develop the current trade policies of China in order to further stimulate the export and import as well as investment in an effective way through studying the IRTMs. Whether the way is scientific to structure the IRTMs or not determines if the economic reform of our country can go deeply and continually to a large extent.IRTMs share the same international economic background with TRIMs. Both of them are put forward under the background of economic globalization and internal integration of trade policies and investment policies of transnational enterprises, which are the vehicle of international trade and international investment. The author creatively chooses the perspective of multinational companies on the background of economic globalization to analyze the entire procedure which, for the convenience purpose, can be technically divided into three parts: IRTMs first have influence on investment, the latter then in the long run and potentially influence trade and eventually trade counteract such an influence. The author also indicates that the policy-makers have to take such a procedure of influence and counter-influence into consideration when trying to make economic policies and measures. The consideration itself will in turn lead t he theoretic study of IRTMs into new practice.This paper can be mainly divided into five parts:The first part gives a brief introduction of the concept, attributes and new study background ofIRTMs as well as a comparison between IRTMs and TRIMs.The second part is trying to analyze the historical development of theories on the relationshipbetween trade and investment in order to make more pragmatic conclusions through adopting newanalytic elements and theory under the new economic globalization background.The third part employs lots of cases to examine four categories including fourteen IRTMs,namely market access restrictions, favorable market access measures, export encouragementmeasures and export restrictions.The fourth part is one of the most innovative parts, which focus on the re-examination of IRTMsfrom a new perspective of multinational companies and the defects of current ways of making theeconomic policies and measures. And this part also employs the Scientific DevelopmentPhilosophy to continue the discussion and to give some suggestions.The fifth part advises new logic thinking ways in order to make more reasonable trade policesand measures through studying IRTMs, which leads this paper to a new depth.