The Reseach Of Transformation On Utilizing Foreign Direct Investment Of China

Since reform and open-up,China has utilizing foreign direct investment with over30years of history.Undoubtedly,China got huge material benefit and success through utilizing foreign direct investment.But in the process of the last30years, foreign direct investment makes China’s economic and social problems highlighted to come out,such as regional economic gap, industry structure imbalance, environmental problems,and even the country’s security is threatened and so on. Therefore,in the new situation, how to use China’s foreign direct investment has become an important issue.Or rather,China is facing the problem of transition of utilizing foreign direct investment,this paper made a detailed description to the problem.First of all,based on the introduction,the paper reviews the traditional theory of foreign direct investment from the point view of host country and investor,and thinks that comprehensive advantage strategy theory develops the traditional theory of foreign direct investmen.Next,the paper analyzes the current situation and problems of utilizing foreign direct investment.Based on the history of understanding the utilization of foreign direct investment, the paper shows the present situation through a lot of chart and data,and points out problems of using foreign direct investment according to the present situation.Again,facing the present situation and problems,the paper takes Shenzhen which is a special economic zone and Wuxi which is a typical city for instance to analyzes how to transform in using foreign direct investment along The path of "comprehensive advantage strategy".Last,this paper gives the countermeasurs about transformation of using foreign direct investment, including industrial structure, regional distribution, investment way and the investment environment of four aspects of detailed description guided by comprehensive advantage strategy theory.the last is conclusive part.