Foreign Direct Investment in Western China, 1994–2004
Buch in deiner Nähe kaufen
Beschreibung
This book focuses on the FDI in western China and aims to explore the logic behind the regional development. From 1994 to 2004, China’s economy enjoyed a golden stage of rapid growth. As the top destination for foreign investment, China has integrated into the international production system and global value chain. However, it is apparent that the FDI distribution was unbalanced, as the eastern region absorbed far more FDI than its western counterpart, a situation that remained unchanged even after China launched the Western Development Strategy (WDS). This book begins with the question of why it is difficult to introduce FDI to western China, followed by discussion on the gap of technology, human capital, industrial foundation, location selection, institutional factors and investment environment between the western and eastern China. The author analyzes how the lack of FDI growth affects the long-term growth of the western region.
This book focuses on the FDI in western China and aims to explore the logic behind the regional development. From 1994 to 2004, China’s economy enjoyed a golden stage of rapid growth. As the top destination for foreign investment, China has integrated into the international production system and global value chain. However, it is apparent that the FDI distribution was unbalanced, as the eastern region absorbed far more FDI than its western counterpart, a situation that remained unchanged even after China launched the Western Development Strategy (WDS). This book begins with the question of why it is difficult to introduce FDI to western China, followed by discussion on the gap of technology, human capital, industrial foundation, location selection, institutional factors and investment environment between the western and eastern China. The author analyzes how the lack of FDI growth affects the long-term growth of the western region.
Examining the intrinsic relationship between the nature of FDI and the characteristics of the region within China Reveals the lack of FDI growth would impede the development of the western China in the long run Provides important historical perspectives and useful practices for regional development within a country
Autor*in
Xianming Yang
Themen in »Foreign Direct Investment in Western China, 1994–2004«
FDI common prosperity poverty reduction China's regional development China's regional development strategy