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Evaluating Chinese government's policy of encouraging direct foreign investment in manufacturing: With a special focus on Guangdong Province

Zhang, L-Y; (1991) Evaluating Chinese government's policy of encouraging direct foreign investment in manufacturing: With a special focus on Guangdong Province. Doctoral thesis (Ph.D), UCL (University College London). Green open access

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Abstract

This thesis represents an attempt to evaluate the effectiveness of the Chinese government's policy of encouraging direct foreign investment in manufacturing by examining the connection between the policy's economic objectives and the empirical evidence. One of the most important characteristics, and the biggest problem in evaluating the policy is that it has too many goals: politically, to enhance the Chinese Communist Party's legitimacy and the government's authority in China, and to promote the mainland's unification with Hong Kong, Macao and Taiwan; economically, DFI is expected to play an important role in 1), expanding China's capital formation; 2), introducing new technology; 3), increasing export growth; 4), improving economic efficiency, and ultimately, speeding up economic growth. The study concludes that, being properly placed in the international environment and by successfully mobilizing the huge domestic human and material resources, the policy has achieved some success in economic terms in attaining the first, second and fourth economic objectives. There is however great scope to improve efficiency.

Type: Thesis (Doctoral)
Qualification: Ph.D
Title: Evaluating Chinese government's policy of encouraging direct foreign investment in manufacturing: With a special focus on Guangdong Province
Open access status: An open access version is available from UCL Discovery
Language: English
URI: https://discovery.ucl.ac.uk/id/eprint/10127835
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