Study On The Fiscal Support Of China's Outward Foreign Direct Investment

Developing China's outward FDI has great senses for China on the aspects of taking part in economy globalization, making the best use of domestic and abroad markets, optimizing resource allocation, enhancing openness, implementing macro-economy development strategy and carrying out national resource security strategy, etc. However, outward FDI is of high risks. For the China's enterprises who rarely took part in international manufacturing realm, there would be a series of problems and difficulties on information, funds and investment risks etc. in their outward FDI behavior. They need the government's participation and supports.The government's approaches to participate and support outward FDI are mainly fiscal supports, such as fiscal imbursing, preferential taxes, policy of financial support. This paper focuses on fiscal supporting methods to find out how to perfect China's fiscal support policy on outward FDI. The main content of this paper are as follows:Part one, expatiates the background and sense of this object, introduction, methods of study, the innovation and shortcomings of this paper.Part two, looks back to the history of China's outward FDI, expatiates the situation and characteristics of China's outward FDI nowadays, and analyses the necessity of China's outward FDI.Part three, introduces the outward FDI theories and its development history, theoretically analyses the necessity of outward FDI, demonstrates that fiscal supports promoted the development of outward FDI.Part four, compares the practices of fiscal support for outward FDI in America, Japanese, France and some other countries, summarizes the experiences of these countries for reference.Part five, introduces the fiscal supporting situation from three aspects of fiscal imbursing, preferential taxes and financial support policies, and points out the shortcomings in the fiscal supporting policies.Part six, analyses the government's fiscal supporting scope and key realms of outward FDI, and put forward some advices on how to perfect it.