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| Author: | |
| Title: | The Status quo of China attracting foreign direct investment, problems and suggestions on policy (original in Chinese) |
| Journal: | China Industrial Economy (c)
1995 : 10, p.53-58 |
| Index terms: | INTERNATIONAL TRADE JOINT BUSINESS VENTURES CHINA |
| Language: | chi |
| Abstract: | China's attracting foreign investment has the following three characteristics: 1. The increase of transnational investments. Among 500 big transnational corporations all over the world, more than 100 have invested in China. 2. The increase of joint ventures between state- owned enterprises and foreign companies. 3. The scale expansion of foreign investment. The foreign investment in the tertiary industry has accounted for 40%. However, there exist many problems. 1. The Chinese side lacks a unified foreign coordination institution. 2. With the decrease of funds, the chinese side's ability to hold controlling shares has declined. 3. There exist serious drain of state- owned assets due to incorrect evaluation. So China should practice the strategy of combination investment and shift from focusing on quantity to on quality and efficiency in introducing foreign investment. |
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