Foreign Capital Utilization in China : Prospects and Future Strategy

China has been among the world's largest recipients of foreign direct investment (FDI). Nonetheless, at the time China is moving into its eleventh five-year plan period, four issues with FDI to China are becoming increasingly recognized by policy makers: geographic concentration, excessive reliance on investment in export-oriented manufacturing, under-investment in higher-technology industries, and heavy reliance on fiscal incentives to attract FDI. This report seeks to analyze these and provide benefit from international experience in suggesting policies. In addition to this introduction, the paper includes the following chapters: external environment, FDI in China, maintaining an attractive investment climate, leveling the playing field in taxation, improving the composition of FDI, and non-FDI capital flows liberalization and risk management.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Beijing 2006-01
Subjects:	ACCELERATED DEPRECIATION, AGRICULTURE, BANK LENDING, BID, BOND MARKETS, BONDS, CAPITAL INFLOWS, CAPITAL INVESTMENT, CAPITAL MARKET, CAPITAL MOVEMENTS, COMMODITIES, COMMODITY PRICES, COMPARATIVE ADVANTAGE, COMPETITIVENESS, CREDIT MARKETS, DEBT, DEFLATION, DEVELOPMENT POLICIES, DEVELOPMENT STRATEGY, DOMESTIC ENTERPRISES, DOMESTIC FIRMS, DOMESTIC INVESTMENT, DOMESTIC SAVING, DRIVING, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC PROSPECTS, ECONOMIC REFORM, EMERGING MARKET, EXCHANGE RATE, EXPORT PROCESSING ZONES, EXPORTS, FDI, FINANCIAL SECTOR, FISCAL POLICY, FOREIGN CAPITAL, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE RESERVE, FOREIGN EXCHANGE RESERVES, FOREIGN FIRMS, FOREIGN GOVERNMENTS, FOREIGN INVESTMENT, FOREIGN INVESTORS, FUEL, GDP, GINI COEFFICIENT, GLOBAL DEVELOPMENT FINANCE, GLOBAL ECONOMY, GOOD INVESTMENT CLIMATE, GROWTH RATE, HEAVY RELIANCE, HOST COUNTRIES, HOUSING, INCOME, INCOME TAX, INSURANCE, INTEREST PAYMENTS, INTEREST RATES, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL, INTERNATIONAL FINANCIAL MARKETS, INVESTMENT CLIMATE, INVESTMENT CLIMATES, INVESTMENT POLICIES, INVESTMENT PROMOTION, INVESTMENT RATES, LIQUIDITY, MACROECONOMIC MANAGEMENT, MANUFACTURING SECTOR, MARKET ACCESS, MONETARY POLICY, NATURAL RESOURCES, PORTFOLIO, PRICE INCREASES, PRIVATE CAPITAL, PRIVATE CAPITAL FLOWS, PRIVATE INVESTMENTS, PRIVATE SECTOR, PRIVATIZATION, PRODUCTION INPUTS, PRODUCTIVITY, PRODUCTIVITY INCREASES, PROFITABILITY, PROPERTY RIGHTS, PUBLIC UTILITIES, RAIL, RAILWAYS, RISK AVERSION, RISK MANAGEMENT, ROAD, ROADS, SMOOTHING CONSUMPTION, SPECULATION, SUB-SAHARAN AFRICA, TAX, TAX CODES, TAX INCENTIVE, TAX INCENTIVES, TAX RATE, TAX RATES, TAXATION, TECHNOLOGY SPILLOVERS, TECHNOLOGY TRANSFER, TELECOMMUNICATIONS, TRADE LIBERALIZATION, TRADE POLICIES, TRANSPORT, TRANSPORT INDUSTRY, TRANSPORT INFRASTRUCTURE, TRANSPORTATION, VALUE ADDED, WAGES, WTO, YIELD CURVES,
Online Access:	http://documents.worldbank.org/curated/en/2006/01/7458693/foreign-capital-utilization-china-prospects-future-strategy https://hdl.handle.net/10986/19623
Tags:	Add Tag No Tags, Be the first to tag this record!