制度因素与中国对外直接投资结构失衡--基于“十二五”期间的展望

Institutional Factors and the Imbalance of the Structures of the Outward FDI of China

文章对中国对外直接投资结构失衡的重要表现进行了深入分析,并挖掘出导致失衡的多方面因素:高端和低端劳动力市场的非完全市场化,对外投资企业融资市场的非市场化,政府多头交叉管理造成的低效率。本文认为,在"十二五"期间,必须全力推动我国在劳动力市场和金融市场的市场化进程,实现利率和汇率的市场化,逐步消除行政性垄断,提高政府行政效率,藉此方能促进中国对外直接投资的健康发展。

In the future five years, the government should give up lots of its powers in the management of both markets of the labor and financial. Also, the interest rate and exchange rate of RMB should be decided by the market. The markets monopolized by the administration and the state owned enterprises must be open quickly. Meanwhile, a highly effective government is important for the development of the OFDI by the Chinese enterprises.