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Author:Niu, Nanjie
Title:An analysis of economic effect by the use of foreign investment in China (original in Chinese)
Journal:Economic Research Journal (c)
1998 : 5, p.22-29
Index terms:ECONOMIC PERFORMANCE
FOREIGN INVESTMENT
CHINA
CAPITAL UTILIZATION
Language:chn
Abstract:In view of demand, the inflow of foreign capital issues challenges on our macro-economic control system. Our reform of foreign exchange system and the realization of "soft landing" by inflation control succeeded under such background. Taking supply into account, the inflow of foreign capital inpours enormous capital for our sustained growth at a rather high speed. As a scarce resource, the technological contents and marginal production rates of foreign capital and domestic capital are different. The introduction of foreign capital accelerates reforming process. Its demonstrative effects are rather obvious.
SCIMA record nr: 186034
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