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Develop High-tech Industrial Clusters To Improve The Quality Of Foreign Investment In China's Thinking

Posted on:2007-10-09Degree:MasterType:Thesis
Country:ChinaCandidate:M H ChangFull Text:PDF
GTID:2209360185483690Subject:International Trade
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Now at the globalization economical time, foreign direct investment has the very major function to each national economy. Said regarding such large population developing nation as our country, the function of FDI is self-evident. But our country always place importance to the quantity of the foreign capital since long ago. Although there are much quantity FDI, we take less importance to the quality of FDI. Many foreign enterprises only care of preferential policy and the inexpensive resources of our country. Less foreign enterprises were rooted in our country. The domestic enterprises couldn't learn advanced technology from foreign enterprises and the technical overflow effect is not obvious.According to the traditional international direct investment theory, the multinational corporations generally use inexpensive labor force resources of the developing countries, outputs their mature or comparison inferiority industry. Developing countries only have to passively accept the developed countries' low-technology industry. Continuously for a long time, the developing nation will forever be in the low end of industrial chain. Now in order to use multinational corporations'advanced technology to promote the industrial competitive power, developing countries absorb FDI. The traditional international direct investment theory is contradictory with the goal of the developing nation absorption foreign merchant direct investment. On the situation, the high technology and new technology industry colony which is in vogue in the world indicate a direction for the developing countries to enhance the quality of FDI. Our country is same with the major developing countries, hope can introduce high quality foreign capital. In the upsurge of an abundance of countries imitating Silicon Valley in the world, our country also successively established 54 state-level high and new technology zones. High and new technology zones are regions which high technology and new technology industry gathers in our country. They are the areas which economic developing rate is the quickest and...
Keywords/Search Tags:industrial cluster, high and new technology industrial zone, competitive advantage
PDF Full Text Request
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