On Policy Of Attraction Foreign Direct Investment In China

With the accelerating trend of economic globalization, countries around the world for scarce resources, advanced technology and mature management knowledge competition is very fierce. In order to enhance their competitive advantage in the international, countries have adopted a variety of incentives to attract foreign direct investment. In recent years, attracting foreign direct investment in a fast-growing trend of foreign investment on China's rapid economic development has played an important role in promoting. Chinese foreign investment policies attract foreign investment is to make a significant contribution, but there are some areas for improvement. Therefore, in order to attract more foreign investment in China, Accelerating Chinese economic development, China needs to improve the policy of attracting foreign direct investment. To Jilin province, the foreign direct investment in Jilin Province's economic growth played a catalytic role, while on the advanced technology and the introduction of management have played a catalytic role, but in foreign direct investment policy, there are other items to be perfected.Foreign direct investment refers to direct foreign capital into the country, and includes equipment, advanced technology and mature management experience and other elements of comprehensive investment. Foreign direct investment policy theory: (1) Monopoly advantage theory (2) Internalization theory (3) Two gap theory (4) Four gap theory (5) Product cycle theory (6) Comparative advantage theory.The effectiveness of foreign direct investment policy requires a variety of policy instruments and policy tools constitute an integrated complex. To ensure government targets and the effective realization objectives of company, the Government's institutional arrangements construct a reasonable policy system. Experience of reform and opening more than 30 years, inflows of foreign direct investment in China has undergone tremendous changes. China's reform and opening have some significant events, which can be defined as foreign direct investment policy in China: the initial stage, steady stage of development, high-speed stages of development and consolidation and improvement stage.Status of development of foreign investment in Jilin province, the following points: the amount of direct investment steadily; the object of direct investment is the state-owned enterprises; foreign direct investment dominate in wholly-owned enterprises; foreign direct investment concentrated in the manufacturing industry; source of direct foreign investment in Jilin; Jilin distribution position of foreign direct investment; Jilin special policies of attracting foreign direct investment.The problems of foreign direct investment in Jilin Province: there are many restrictions policy on market access for foreign investment; there are different policy in different areas, which is not conducive for foreign companies to conduct normal business activities; lack of transparency in foreign policy; inadequate protection of intellectual property rights; the existing policy resulted unbalanced regional economic development of Jilin Province is an important reason; in investment activities the role of government is dislocation, which is caused preferential competition for the project; foreign investment is unreasonable on the industry; the introduction of technical quality is not high, some advantages of the production chain is not perfect; technical level and industrial development is not complete; foreign investment laws and regulations are not sound, Government officials should improve efficiency; inadequate protection of intellectual property.The policy suggestions of Jilin Province attracting foreign direct investment is the following: enhancing foreign direct investment policy guidance; improving the policy of industrial supporting capacity; improving the policy environment for foreign direct investment; establishing the same preferential policies in Jilin province; outstanding a continuity policy; increasing the policy transparency and maneuverability; improving the development of human resources policies; establishing the policies of credibility government; establishing policies of attracting foreign direct investment to help improve the legal system; strengthening protection of intellectual property policies to improve the foreign direct investment policy.Researching on foreign direct investment policies in Jilin Province, improve the quality and efficiency of foreign direct investment for the focus point to build a coordinated policy on foreign direct investment as a target, using theoretical explanations, historical analysis and status analysis.Analyzing foreign direct investment of historical evolution,influencing factors,investment structure and existing problems , finding appropriate countermeasures, and clearing Jilin Province to attract foreign direct investment to focus on the promotion of opening and economic growth in Jilin Province. Enhancing the overall local economy strength, and promoting the increase of material and cultural level, as well as building a harmonious society and building a new socialist countryside, the rural and urban and regional economic coordinated development has a very major theoretical and practical significance of the community.