Proceedings of the 6th International Conference on Humanities and Social Science Research (ICHSSR 2020)

The Impact of International Direct Investment on Chinese Economy

Authors
Yingdong Chen, Xiaocheng Sun
Corresponding Author
Xiaocheng Sun
Available Online 1 May 2020.
DOI
https://doi.org/10.2991/assehr.k.200428.111How to use a DOI?
Keywords
international direct investment, economic growth, Chinese economy
Abstract
In recent years, with the rapid development of economic globalization, the rapid growth of China’s economy, because of its vast territory and abundant resources, China has now become the country with the largest accumulated foreign investment, and its number is still rising rapidly. Foreign direct investment has made great contributions to the inflow countries, mainly through the introduction of cutting-edge global technology to achieve top-level information. At the same time, it also shows China a more rational and efficient management model, and increases employment and employment rate to solve most of the unemployment problems. Foreign investment in China has not only increased China’s economic capacity, but also introduced a lot of high-tech and new technologies, provided a lot of jobs, and solved the employment problem of most people. The government should not only create a good environment for foreign investment from the aspects of economy, life and culture, but also from the aspects of infrastructure construction, market economy system environment, rules and regulations and human resources. Improving the absorptive capacity of FDI will be one of the most important tasks in China’s economy. This paper discusses the positive and negative effects of international direct investment on China’s economy.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Yingdong Chen
AU  - Xiaocheng Sun
PY  - 2020
DA  - 2020/05/01
TI  - The Impact of International Direct Investment on Chinese Economy
BT  - Proceedings of the 6th International Conference on Humanities and Social Science Research (ICHSSR 2020)
PB  - Atlantis Press
SP  - 518
EP  - 521
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200428.111
DO  - https://doi.org/10.2991/assehr.k.200428.111
ID  - Chen2020
ER  -