On The Smes In China Of Foreign Direct Investment

Along with the development of the economic globalization ,all country government pay close much attention to the position of Small-and-Medium Enterprises(SMEs). Chinese SMEs have made a great progress since the reform and opening policy was adopted,and their contribution to the national economy has become more and more indispensable. Especially China's entry into WTO, not only further increases the position of SMEs,but also gives them larger development opportunity.On the basis of SMEs' current situation in China and the economy situation all over the world,Foreign Direct Investment (FDI) of Chinese SMEs is nessisary and possible.The nucleus content of full text can be concluded to four chapters:1.Serves an introduction of Chinese SMEs' outward FDI.Firstly,defmes the concept of SME and outward FDI,and contrasts the difinitions of SMEs of different countries.Secondly,induces the brief overview evolution and development of outward FDI in China:the bud stage of Chinese Enterprises' outward FDI,the appearance stage,the development stage,the further development stage and the steady development stage. Then expatiates the current situation and characters of outward FDI in China.2.Analyzes the nessisaries of Chinese SMEs' outward FDI.Firstly,the worldwide steadily developing economic situation promotes Chinese SMEs to enter it for better development from economic globalization,regional economic integration,new protectionist tendencies and the fast development of information and technology. Secondly,analyzes the great development of national economy:transfers the redundant of productivity,balances the payments,optimizes the industry structure and the resources between inside and outside.At last,expatiates that Chinese SMEs must engage in outward FDI for enlarging the international market and boosting up the competitiveness. 3.Demonstrates the feasibility of Chinese SMEs' outward FDI.Firstly,expatiates the external situation:the support of the theory of Investment Development Cycle,some national supporting strategies,the host-country policies for maximizing the benefits and the opportunities offered by overseas Chinese economic net and WTO.Then summarizes the competitive advantages of Chinese SMEs for the possibilities of Chinese SMEs' outward FDI:superior ownership,superior location,superior mini technologies and enterprise clusters .4.Brings forward some policies on Chinese SMEs' outward FDI.Firstly,from the company's angle proposes some advice including the location choice,industry choice,innovation,risk controlling and personnel cultivation systems.Lastly,suggests that the government should perfect the relative laws and roles,the service system and the finance system.Meanwhile,the government should enhance the assistance of diplomatic service to support Chinese SMEs' outward FDI.