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The High-quality Utilization of FDI and the Improvement of Industrial Competitiveness
Pages: 1-10
Year: Issue:  5
Journal: Nankai Journal(Philosophy,Literature and Social Science Edition)

Keyword:  FDIValue ChainsIndustrial Competitiveness;
Abstract: The use of FDI is one of the important parts of China’s open economy. In the past 40 years of reformation and opening, the use of massive FDI has played an enormous role in promoting the development of China’s industries and the improvement of international competitiveness. However, with the changes in the pattern of global economy and the development phases, the limitation of China’s original FDI policy has become increasingly salient, and the development of FDI-incorporated industries faces the dilemma and challenges of"duckweed effect"and"double pinch". It is necessary to make adjustment in ways of thinking and countermeasures about utilizing FDI to promote upgrading of China’s industries in the global value chains for the construction of a "self-controllable" modern industrial system, to stimulate the high-quality development of China’s economy, and to enhance China’s industry international competitiveness.
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