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An analysis of the Chinese inward FDI development and regulation policy and the Five-Year Plans

Author

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  • Tomás Costa de Azevedo Marques
  • Giorgio Romano Schutte

Abstract

At the end of the 1970s, the People’s Republic of China (PRC) promoted policiesto attract investments from the developed capitalist world, aiming for technological transferand offering a profitable environment in exchange. Although the TNC capital, know-how,and technology have been key factors for Chinese development, the State has planned and regulated those investments, so they can be aligned with an autonomous project of development,avoiding the classic centre-periphery dependency relationship. This paper analysis focuseson the Five-Year Plans, and the regulation policy laws for inward investment. At theend we analyse the FDI data, which allowed us to identify the main changes and distinctphases of the development of FDI and the State policy. JEL Classification: F63; N95; O19.

Suggested Citation

  • Tomás Costa de Azevedo Marques & Giorgio Romano Schutte, 2024. "An analysis of the Chinese inward FDI development and regulation policy and the Five-Year Plans," Brazilian Journal of Political Economy, Center of Political Economy, vol. 44(2), pages 261-279.
  • Handle: RePEc:ekm:repojs:v:44:y:2024:i:2:p:261-279:id:2453
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    Keywords

    FDI; development policy; state and markets; five-years plan;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • N95 - Economic History - - Regional and Urban History - - - Asia including Middle East
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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