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Essay text:
• FDI brings new technologies, new management techniques
• It increasingly exposes the Chinese economy to international trade
• Since the 1980s, the enormous contribution of FDI to China‘s rapid economic development has been widely recognised.
• The most obvious contributions include relieving capital supply bottlenecks, promoting economic growth and creating employment opportunities
• FDI has also contributed significantly to government revenue , foreign trade, technological progress, and enterprise management in China
• By the end of 1996, China had attracted over 280 000 foreign investment enterprises, with a total accumulated FDI (utilised) of US$176...
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