跨国公司在中国系统化投资：特点和问题

Multinationals'SystematicInvestment in China

跨国公司在中国系统化投资：特点和问题王志乐（外经贸部国际经济合作研究所）Ｍｕｌｔｉｎａｔｉｏｎａｌｓ＇ＳｙｓｔｅｍａｔｉｃＩｎｖｅｓｔｍｅｎｔｉｎＣｈｉｎａ￥ＢｙＷａｎｇＺｈｉｌｅ，ＲｅｓｅａｒｃｈＦｅｌｌｏｗＲＩＩＥＣＯＭＯＦＴＥＣＡｂｓｔｒａｃｔ...

The systematic investmentby larse-sizedtransnationalcorporations has thefollowins features:1) Trilogy: from sale totechnology-transfer to joint venture.This model of investment represents anintention for long term benefit ratherthan quick return at spot as well as anintention for big China market insteadof incentives and favorable treatment.2) A connected sequence:integration of science and technologyresearch and manufacturing andtradins.3) Snowball: socializedcoordination. One multinational,sbusiness operation normally bringSalong investment from relatedcompenied and captors thus a snowballeffect comes into being.There are four areas 'eded tofocus: direct imPOrt by foteigncompanies should be allowed: domeStictrade for commodities prodUced byforeign CQmpenies should beencouraged: tCrtjary industry should bemore widely opened for foreigninvestment: and establishment Offoreign holdal cothpeny should beapproved add its operation in China inlight of international practice beanowed.