外商投资企业在华收益、经验及启示

Returns,Practice and Inspiration of Foreign-Funded Enterprises in China

改革开放四十多年来,我国成为了全球第二大外资流入国。外资在为我国经济社会发展做出重要贡献的同时,也获得了应得的收益,实现了营收和利润双增长。具体表现为:中国市场是外资企业营收增长的重要来源,各国企业在华营收保持持续增长,中国市场营收占据跨国公司全球重要位置;外商投资在中国获得较高收益率,诸多美欧企业在华投资收益率高于其全球平均水平。与此同时,外资企业在华经营还实现了其战略目标。实践证明,成本寻求型外资在中国获得了低要素成本,市场寻求型外资与中国市场共同成长,创新资产寻求型外资取得在华创新投入产出双增长。

For more than forty years since the reform and opening-up, China has become the second largest country absorbing foreign capital in the world. While making important contributions to China’s economic and social development, foreign capital has also earned its due by achieving both revenue and profit growth. Specifically, Chinese market has become an important source of revenue growth for foreign-funded enterprises;the revenue of enterprises from various countries in China have grown continuously;the revenue from Chinese market has taken a significant position for multinational companies;the profit margin of many American and European enterprises are significantly higher than its global average. In the meantime, foreign-funded enterprises have also achieved their strategic objectives by operating in China. Practice has proven that cost-seeking foreign capital has sought out cheap production factors in China, market-seeking foreign capital grows with Chinese market, and innovative asset-seeking foreign capital has realized rapid growth on innovation input and output in China.