Foreign Direct Investment in China: Some Lessons for Other Countries

Foreign Direct Investment in China: Some Lessons for Other Countries
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中国的外商直接投资:其他国家的一些教训

DOI:
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发表时间:
2002
期刊:
影响因子:
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通讯作者:
Wanda S Tseng
Wanda S Tseng
中科院分区:
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文献类型:
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作者:
H. Zebregs;Wanda S Tseng

文献摘要

被引文献

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中国对外国直接投资(FDI)的日益开放对其卓越的增长表现做出了重要贡献。本文考察了中国对外直接投资的经验,并提出了一些可供其他国家借鉴的经验。解释中国成功的大多数因素在吸引外国直接投资到其他国家方面也很重要:市场规模、劳动力成本、基础设施质量和政府政策。外国直接投资促进了更高的投资和生产率增长,并创造了就业机会和充满活力的出口部门。然而,中国的成功并非没有一些陷阱:日益复杂的税收激励制度和日益扩大的地区收入差距。加入世界贸易组织应该扩大中国的“开放”政策,并在未来继续外国直接投资对中国经济的贡献。
China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors explaining China's success have also been important in attracting FDI to other countries: market size, labor costs, quality of infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a dynamic export sector. China's success, however, did not come without some pitfalls: an increasingly complex tax incentive system and growing regional income disparities. Accession to the WTO should broaden China's "opening up" policies and continue FDI's contributions to China's economy in the future.