IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

My Understanding of the Relationship Between Using Foreign Business Investments and Protecting National Industries

Listed author(s):
  • Zhong Zhengyan
Registered author(s):

    Using direct investments from abroad is an important component of China's opening up to the outside and is an effective way of using external resources for the purpose of speeding up China's economic construction. Since reform and openness, our country's work of utilizing foreign capital has scored enormous achievements. In recent years, along with the accelerating process of integration of the world economy and the increase in investments by transnational corporations, China's practice of utilizing foreign capital has come up against a new situation; new circumstances and new problems have arisen and new comments and views have also emerged in society with regard to the use of foreign capital. Some of the comments are highly critical of the use of foreign capital. Hence, a conscientious summing up of China's experience with direct foreign investment, an objective assessment of the position and effect of direct foreign investment in our country's construction of a socialist market economy, clarification of some muddled understanding in quarters concerned about the utilization of foreign capital, and, from there, a definition of the long-term strategy for China's use of foreign capital and the adjustment of relevant policies continue to be urgent tasks of real significance.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by M.E. Sharpe, Inc. in its journal Chinese Economy.

    Volume (Year): 30 (1997)
    Issue (Month): 3 (May)
    Pages: 7-53

    in new window

    Handle: RePEc:mes:chinec:v:30:y:1997:i:3:p:7-53
    Contact details of provider: Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:30:y:1997:i:3:p:7-53. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.