| Economic globalization is the main economy feature of the 21stCentury. The situation of world economy is changed from leading by international trade from leading by international direct investment gradually. International direct investment is also changed from developed countries investing in developing countries to developed countries investing in developed countries, developing countries investing in developed countries, developing countries investing in developing countries. The globalizations of manufacture, allocation of resources and capital flow, require Chinese companies to internationalize.The FDI (Foreign Direct Investment) is an important feature of economic globalization and the main force in world ecnomic growth. in terms of mufti-national operating, can a country hold a predominant position in future competition. China is in the same condition, aiming to boost the economic development, optimize industry structure and enhance the competition of Chinese enterprises, it should seize the opportune time in world economy regulation by adapting to the trend of development in world economy, participate in the o-operation and develop the FDI timely and moderately. It is very important that the Location and industry choice of china's enterprises'Foreign directed Investment (FDI).Firstly, by introducing the traditional theories and today'of FDI, The author indicate we should Combine region choice with industry. Secondly, This article mainly analyzes the relations between investment, export and economic growth in China by using the time series data from 1982 to 2005. The finding suggests that the contribution of the domestic investment to the economic growth is greater than the contribution of the foreign direct investment. Thirdly, this text analyzes the advantage and disadvantage of FDI in china. The end of the thing, this text proposes some policy recommendations to the region and industry of the foreign direct investment of our country in the future. |
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