摘要
1 The argument in brief China became the world＇s largest destination for foreign direct investment （FDI）, almost all of which is FDI in manufacturing and assembly, in 2003, before falling back into a solid second place. These FDI flows have revolutionized Chinas industrial base and shifted the composition of Chinese exports from low-skill intensive to high-skill intensive goods and services.
I.The argument in brief China became the world's largest destination for foreign direct investment (FDI),almost all of which is FDI in manufacturing and assembly,in 2003,before falling back into a solid second place.These FDI flows have revolutionized China's industrial base and shifted the composition of Chinese
