Comparative Analysis Of Investment Environment Of Russia And China

About the state of Affairs in the economy very confident you can judge the character of the processes occurring in the investment sphere. It is an indicator of the General situation in the country, the size of the national income, the attractiveness for other States.Evaluation of investment climate is the General atmosphere of the understanding of the economic situation and the need to attract additional resources, which governs the different spheres of socio-economic development of the state, region.Today’s formation of a favorable investment climate in the state will affect his future.The performance of the investment climate for a particular site is manifested in two aspects: economic and social. In the economic- through the increase of macroeconomic indicators, especially GDP per capita and export capacity. With respect to social: its manifestation is the reduction of social risks, increasing wages, and hence purchasing power of the population.Attracting investment in the Russian economy is a vital instrument to eliminate "investment hunger" in the country. However, for foreign investors went on such investments, required very serious changes in investment climate.Foreign investments are a key component of the state policy of China in relation to the opening of the service sector to the outside world. China’s experience in attracting investments has proved that the active and rational use of foreign investment contributes to long lasting, fast and healthy development of the tertiary sector, plays an active role in the introduction of advanced technology and management experience, promote economic restructuring and upgrading of the services sector, creating new jobs and increasing state revenues.Attracting foreign investment is important for Russia and China not only from the point of view of opportunities to increase real assets. Maybe for our time of even greater importance is the fact that foreign investors bring with them new, more high business culture, new technologies and modern management methods, and promote domestic investment. The attitude of foreign investors operating on the Russian and Chinese markets to judge the state of the investment climate in Russia China. In contrast to domestic investors and limited foreign exchange regulation rules, different corporate culture, foreign investors are much freer in the choice of application of their capital. Dynamics of foreign investments it is possible to judge whether real progress happening(or not happening) in the country in terms of investments.We use the data of the official statistical organizations: Rosstat, Central Bank of Russia, National Bureau of Statistics of China; various international organizations involved in the assessment of investment: UNCTAD, World Bank, World Economic Forum, The Fund for Peace and others.In this document it was concluded that the investment climate in China is more attractive for foreign investors. Russia needs reforms to improve the overall investment climate of the icountry.