BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

The Current Status and Prospects for Attracting Foreign Direct Investment in the Chinese Economy
Makarchuk K. O., Shuba M. V.

Makarchuk, Kateryna O., and Shuba, Maryna V. (2019) “The Current Status and Prospects for Attracting Foreign Direct Investment in the Chinese Economy.” Business Inform 12:45–50.
https://doi.org/10.32983/2222-4459-2019-12-45-50

Section: International Economic Relations

Article is written in Ukrainian
Downloads/views: 2

Download article (pdf) -

UDC 339.727.22(510)

Abstract:
The article is aimed at defining the current status and prospects for attracting foreign direct investment in the Chinese economy. The dynamics of China’s inflow and outflow of foreign direct investment are provided, the main countries investing in the Chinese economy are specified. It is determined that the amount of foreign direct investment in the Chinese economy has been increasing annually during the researched period. This is facilitated by the openness of the economy, the rapid development of the high-tech sector, liberalization, creation of free trade zones. The legal regulation of investment activities and attracting foreign capital to PRC is considered. The government’s favorable tax policy, including the preferential regime of special economic zones, has been defined as an important factor in increasing the PRC investment attractiveness (out of 5400 special economic zones in the world more than 4000 are in Asian developing countries, and China holds the largest number of them – more than 2500). China’s positions in investment attractiveness ratings, such as the rating of ease in doing business, the index of economic freedom, the index of regulatory restrictions for foreign direct investment, the index of investor confidence, are analyzed. The relationship between China’s GDP and the inflow of foreign direct investment into China has been defined using correlation analysis. The results of the calculation showed that the correlation ratio is 0,54, which indicates that there is but a weak link between the indicators researched. The main advantages and risks of China’s investment climate are systematized. It is determined that, despite China’s significant investment attractiveness, there are many investment risks, but the Chinese government continues reforms directed towards improving the investment climate of the country.

Keywords: foreign direct investment, investment climate, investment attractiveness, China.

Fig.: 2. Tabl.: 2. Bibl.: 16.

Makarchuk Kateryna O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations named after Artur Golikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]
Shuba Maryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations named after Artur Golikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

Syuy, Lyumey, and Sun, Gotsze. “Strategiya privlecheniya inostrannykh investitsiy v ekonomiku Kitaya“ [Strategy for Attracting Foreign Investment in the Chinese Economy]. Bankauski visnyk. 2016. http://www.nbrb.by/bv/articles/10132.pdf
Kharyna, U. Ya. “Stanovlennia i rozvytok investytsiinoi pryvablyvosti KNR“ [Sources and Evolution of China's Investment Attractiveness]. Ekonomichnyi visnyk universytetu, no. 29 (1) (2016): 198-203.
Erfan, Ye. A., and Posypanko, O. A. “Kytai yak tsentr tiazhinnia priamykh inozemnykh investytsii“ [China as the Target Country for FDI Inflows]. Ekonomika i suspilstvo. 2017. http://www.economyandsociety.in.ua/journal/12_ukr/6.pdf
“Doklad o mirovykh investitsiiakh, 2017 god. Investitsii i tsifrovaya ekonomika. Osnovnyye tendentsii i obshchiy obzor“ [World Investment Report 2017. Investment and the Digital Economy. Main Trends and General Overview]. http://unctad.org/en/PublicationsLibrary/wir2017_overview_ru.pdf
“Doklad o mirovykh investitsiyakh, 2018 god. Investitsii i novaya promyshlennaya politika. Osnovnyye tezisy i obzor“ [World Investment Report 2018. Investments and new Industrial Policy. Key Points and Review]. http://unctad.org/en/PublicationsLibrary/wir2018_overview_ru.pdf
“Doklad o mirovykh investitsiyakh, 2019 god. Osobyye ekonomicheskiye zony. Osnovnyye tezisy i obzor“ [World Investment Report 2019. Special Economic Zones. Key Points and Review]. http://unctad.org/en/PublicationsLibrary/wir2019_overview_ru.pdf
“Foreign investment into China in 2018: 3 key points“. Belt and Road. https://beltandroad.ventures/beltandroadblog/foreign-investment-china-2018
China Briefing. https://www.china-briefing.com/news/
“Developing countries in Asia receive more than $500 billion in investments“. https://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=2112
“Doklad Gruppy mirovogo banka Doing Business - 2019: otsenka kachestva i effektivnosti regulirovaniya“ [Doing Business World Bank Group Report 2019: Assessing Regulatory Quality and Effectiveness]. http://russian.doingbusiness.org/reports/global-reports/doing-business-2019
Index of Economic Freedom. 2019. http://www.heritage.org/index/country/China
“FDI restrictiveness“. OECD. https://data.oecd.org/fdi/fdi-restrictiveness.htm
“The 2019 Kearney Foreign Direct Investment Confidence Index®“. Global Business Policy Council. https://www.atkearney.com/foreign-direct-investment-confidence-index
“Chomu same Kytai: pryvablyvist krainy dlia inozemnykh investytsii“ [Why China: Attracting a Country to Foreign Investment]. http://ukrainian.cri.cn/841/2018/08/21/2s56959.htm
“Economic Watch: Investing in China still top choice for foreign firms“. http://www.xinhuanet.com/english/2019-10/02/c_138444087.htm
“Mirovoy atlas dannykh“ [World Data Atlas]. https://knoema.ru/atlas/

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster