Labor law for foreign investment enterprises in China

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

Abstract

With the passage of the Law of People's Republic of China on Sino-Foreign Equity Joint Ventures in 1979, China opened its door to foreign investors.
In the past two decades, foreign investment steadily increased, with the concomitant inflow of foreign capital, technology, and management expertise. As recent as in 1997, there were 21,001 direct foreign investment
projects signed, totaling about US$51 billion. Of these foreign direct investment projects, there were 9,001 equity joint ventures (43 percent), 2,373 cooperative joint ventures (11 percent), and 9,602 wholly foreignowned
enterprises (46 percent). Apparently, foreign investors have rushed to China for two major reasons.First, China's huge potential market has made it imperative for foreign enterprises to establish their presence as early as possible. Second, the cost of production in China has been relatively low, as compared to those of other developed countries. Especially in the early years, enterprises in labor intensive industries would like to benefit from China's cheap labor force
and the relatively unregulated labor market.
Original languageEnglish
Title of host publicationReform, Legitimacy, and Dilemmas
Subtitle of host publicationChina's Politics and Society
EditorsWang Gungwu, Zheng Youngnian
Place of PublicationSingapore
PublisherSingapore University Press & World Scientifc
Pages167-193
Number of pages26
ISBN (Electronic)978-981-4492-26-3
ISBN (Print)981-02-4441-X
DOIs
Publication statusPublished - 2000
Externally publishedYes

Fingerprint

Foreign investment
China
Labour law
Foreign investors
Labor
Equity joint ventures
Joint ventures
Market potential
Industry
Cost of production
Foreign direct investment
Labour market
Investment project
Foreign capital
Expertise
Developed countries

Cite this

Lo, V. I. (2000). Labor law for foreign investment enterprises in China. In W. Gungwu, & Z. Youngnian (Eds.), Reform, Legitimacy, and Dilemmas: China's Politics and Society (pp. 167-193). Singapore: Singapore University Press & World Scientifc. https://doi.org/10.1142/9789812811745_0007
Lo, Vai Io. / Labor law for foreign investment enterprises in China. Reform, Legitimacy, and Dilemmas: China's Politics and Society. editor / Wang Gungwu ; Zheng Youngnian. Singapore : Singapore University Press & World Scientifc, 2000. pp. 167-193
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Lo, VI 2000, Labor law for foreign investment enterprises in China. in W Gungwu & Z Youngnian (eds), Reform, Legitimacy, and Dilemmas: China's Politics and Society. Singapore University Press & World Scientifc, Singapore, pp. 167-193. https://doi.org/10.1142/9789812811745_0007

Labor law for foreign investment enterprises in China. / Lo, Vai Io.

Reform, Legitimacy, and Dilemmas: China's Politics and Society. ed. / Wang Gungwu; Zheng Youngnian. Singapore : Singapore University Press & World Scientifc, 2000. p. 167-193.

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

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Lo VI. Labor law for foreign investment enterprises in China. In Gungwu W, Youngnian Z, editors, Reform, Legitimacy, and Dilemmas: China's Politics and Society. Singapore: Singapore University Press & World Scientifc. 2000. p. 167-193 https://doi.org/10.1142/9789812811745_0007