Japan's Large-scale Foreign Direct Investment In The 20th Century, 80 Years Study

In the 1980s, as the rapid development of Japanese economy and export surplus soaring, there were more and more trade friction between the America, European countries and Japan. After Plaza Accord and yen strengthening, it was difficult for Japan and Japanese corporations exportation. The Japanese government seized the opportunity of yen appreciation and leaded the trend of the FDI. Firstly, the Japanese government pay much attention to the green field investment; secondly the government turn to transnational mergers. In 1984, the foreign direct investment of Japan has already ecceeded 10 billion dollars and reached 10.1 billion dollars. In the later 1980s, Japan has become the largest foreign investor in the world.Today, China has already encountered the similar problem of Japan. the trade friction increasing, export commodities is more countries and regions of antidumping even countervailing investigation. In foreign exports have more and more problems at the same time, China's enterprises have to take the opportunity to go abroad, carry on the foreign direct investment. In 2005, China's foreign direct investment, the first time exceeded 100 billion yuan RMB, reaching $12.2 billion, and in the next few years eco-management large-scale foreign investment ways. All this is very similar to the Japanese experience during the 20th century, through its foreign large-scale investment system research on China's future foreign investment road has guidance and reference. But through to Japan in the 1980s foreign direct investment research, we can see that the sino-japanese in foreign direct investment has quite a few differences, for example, in industry, China's foreign direct investment focus on the second industry of cotton textile, the industry in the industrial chain of the end. In the country, China's foreign direct investment in the main target land is Asia and Latin America, for economy developed north American and European investment size is very small. Such direct foreign investment in China's sustainable development is adverse. Only intensify the developed in America and Europe western investment, can realize the sustainable development of foreign investment, make domestic enterprises to obtain the European and American countries advanced production technology, the vanguard of management idea, for this enterprise's development into fresh energy. In the above two aspects, the Japanese foreign investment in China and China's very different. In the early 1980s Japan's foreign direct investment is the main target land in Europe, America, followed by the status of Asia has been more than fall in the third European position. In industry, in Japan in the 1980s investment of key industries is the third industry. Due to economic highly developed, and the second industry gradually perfect, the third industry needs corresponding auxiliary and collaboration. This decade, Japan of financial industry, service investment than other industry, accept a transatlantic enterprise advanced management concept through cross-border mergers and got a lot of product patent, these for Japan's overseas expansion of domestic enterprises brings really inexpensive. Through an empirical study found that Japanese fdi long-term economic benefits than short-term economic benefit.China in foreign direct investment in roads should pay attention to absorb Japanese experience and lesson, make good use of foreign direct investment to the benefits of economic development, also should notice evade foreign investment brought about by the financial risk, credit risk, political risk, corporate culture risk, etc.