从需求面转向供应面:我国吸收外商投资的新趋势

From Demand Side to Supply Side: the New Trend of China Absorbing Foreign Investment

从经济学意义上分析,以往我国吸收外商投资的理念主要是基于需求方面的考虑,是为了增强资本形成能力、扩大投资需求、加速经济增长而大力吸收外商投资。在我国经济增长的"结构性增速"阶段,在这个理念指导下的招商引资政策和利用外资实践是成功的。但从近年来我国经济发展的阶段性特征来看,我国已经或即将进入"结构性减速"阶段,单纯强调扩大投资需求的政策面临经济效益下降的挑战,因此利用外资政策同样需要重新审视它的功能。本文借鉴西方经济学"供应经济学"的理论和政策,分析了我国利用外资政策需要考虑供应面管理的内外因素,论证了从供应管理角度吸收外商投资的目标方向和所蕴含的政策调整涵义。

From economic analysis, the idea of China absorbing foreign investment is based on the consideration of demand side, which is mainly for enhancing the ability of capital formation, expanding investment demand and accelerating economic growth. In the phase of＂Structural Growth＇of China＇s economy, attracting investment policy and the practice of making use of foreign investment which are in the guidance of this idea are really successful. But seen from the periodical characteristics of China＇s economic development in recent years, China has entered or will enter the phase of ＂ Structural Slowdown＂, and the policy of just emphasizing expanding demand is faced with the challenge of the decrease of economic benefits, so we need to reassess the function of the policy of making use of foreign investment. This paper refers the theory and policy of ＂Supply Economics＂ in western economics to analyze the internal and external factors of supply management while making use of foreign policy, and argues the target and direction of absorbing foreign investment and its policy adjustment meanings from the perspective of supply management.