The incorporation of massive amounts of foreign direct investment (FDI) has been a major motive force behind the high-speed growth of the Chinese economy over the last decade. A high degree of geographical concentrati...The incorporation of massive amounts of foreign direct investment (FDI) has been a major motive force behind the high-speed growth of the Chinese economy over the last decade. A high degree of geographical concentration in certain of this country is a salient feature of foreign invested enterprises (FIEs). FIEs in some industries are closely clustered in industrial zones ranging from several kilometers to more than 100 km in diameter. Such industrial clusters are a remarkable phenomenon among FDI industries. High FDI concentration is having a striking impact on the competitiveness of the enterprises involved and the regions where they are located.展开更多
Since China’s opening and reform began, China has attracted a large inflow of foreigndirect investment (FDI). This is largely due to the stable development of the economy,preferential policies, rich resources, cheap ...Since China’s opening and reform began, China has attracted a large inflow of foreigndirect investment (FDI). This is largely due to the stable development of the economy,preferential policies, rich resources, cheap labor, and bright market prospects. The amountof FDI actually used by China in 2004 reached US$60.63 billion, maintaining the growthmomentum that started in 2000, ranking China as second in the world. FDI’s positions inindustrial production, in industrial structure upgrade, and in import/export have beenstrengthened. The technical level has continued to rise and the number of R&D centers setup in China has been increasing. The increasing role of FDI in China’s economy hasaroused growing concern from all quarters. 2004 was a year that witnessed the mostextensive discussion among economists and other circles on the advantages anddisadvantages of FDI in China. Is the amount of FDI too much? Have foreign-fundedenterprises introduced advanced technologies? Have they produced an overflowing effect?Is there a monopoly on the domestic market by foreign capital? And does it affect economicstability and national security? (Guo Hong, 2004)展开更多
文摘The incorporation of massive amounts of foreign direct investment (FDI) has been a major motive force behind the high-speed growth of the Chinese economy over the last decade. A high degree of geographical concentration in certain of this country is a salient feature of foreign invested enterprises (FIEs). FIEs in some industries are closely clustered in industrial zones ranging from several kilometers to more than 100 km in diameter. Such industrial clusters are a remarkable phenomenon among FDI industries. High FDI concentration is having a striking impact on the competitiveness of the enterprises involved and the regions where they are located.
文摘Since China’s opening and reform began, China has attracted a large inflow of foreigndirect investment (FDI). This is largely due to the stable development of the economy,preferential policies, rich resources, cheap labor, and bright market prospects. The amountof FDI actually used by China in 2004 reached US$60.63 billion, maintaining the growthmomentum that started in 2000, ranking China as second in the world. FDI’s positions inindustrial production, in industrial structure upgrade, and in import/export have beenstrengthened. The technical level has continued to rise and the number of R&D centers setup in China has been increasing. The increasing role of FDI in China’s economy hasaroused growing concern from all quarters. 2004 was a year that witnessed the mostextensive discussion among economists and other circles on the advantages anddisadvantages of FDI in China. Is the amount of FDI too much? Have foreign-fundedenterprises introduced advanced technologies? Have they produced an overflowing effect?Is there a monopoly on the domestic market by foreign capital? And does it affect economicstability and national security? (Guo Hong, 2004)
