Abstract
Since late 1978, with the implementation of market-oriented economic reform, inward foreign direct investment (FDI) has been encouraged in China. As a consequence, foreign firms have been attracted by the huge domestic market and pool of relatively well-educated, low-cost labour, which has made China one of the most attractive destinations for FDI in the world. By the end of 2013, China had attracted a total of US$1.4 trillion in FDI inflows, making it the largest FDI recipient in the developing world.
Original language | English |
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Title of host publication | Deepening Reform for China's Long-term Growth and Development |
Editors | Ligang Song, Ross Garnaut, Cai Fang |
Place of Publication | Canberra |
Publisher | ANU Press |
Pages | 407-428 |
Volume | 1 |
Edition | 1st |
ISBN (Print) | 9781925021769 |
DOIs | |
Publication status | Published - 2014 |