FDI plays an increasingly signiﬁcant role in the global economic system, especially for the emerging economies. During the three decades of ‘reform and opening-up’ policy implementation, China has become an attractive FDI destination because of its enormous labour supply and low labour cost, relatively stable political and economic environment, and pro-FDI policies. As a result, FDI inﬂows to China increased dramatically from US$0.9 billion in 1983 to US$74.8 billion in 2007. Since 1993, China has been the largest FDI recipient among the developing countries.
|Title of host publication||The Future of Asian Trade and Growth: Economic Development with the Emergence of China|
|Number of pages||22|
|ISBN (Print)||0203863283, 9780203863282|
|Publication status||Published - 8 Dec 2009|