Abstract

In 1979, FDI (foreign direct investment) entered China for the first time, and it has been more than 30 years up to now. As the Chinese market continues to open up, foreign direct investment has also developed. FDI continuously optimizes the regions, fields and investment methods that flows into these years, which has affected all walks of life in our economy and has made tremendous contributions to the Chinese economy. On the one hand, FDI directly promotes Chinese capital accumulation and makes up for the “double gap”; moreover, it also brings advanced management ideas, science and technology to Chinese enterprises; on the other hand, it stimulates competition among domestic enterprises. If SMEs want to survive, they will face greater pressure. The above reasons directly promote the upgrading of Chinese foreign trade commodity structure, and make the export trade commodity structure transit from low value-added primary products to high value-added industrial products.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call