China Investment Policy中国投资政策

投行人生

TABLE OF CONTENTS
EXECUTIVE SUMMARY ........................................................................................................... 7
THE FOREIGN INVESTMENT CLIMATE IN CHINA ........................................................... 10
Recent trends in foreign direct investment (FDI) inflows to China ......................................... 10
Developments in government policies towards foreign investment since 2008 ...................... 20
The 2011 Foreign Investment Industrial Guidance Catalogue ................................................ 28
Lessons from recent foreign investor experiences in China .................................................... 29
There has been some progress on IPR protection, but more efforts are needed ...................... 32
The FDI policy framework has improved, but remains restrictive .......................................... 33
RECENT DEVELOPMENTS IN CHINA’S OUTWARD FDI POLICIES ............................... 34
OFDI by provincial-level units varies widely .......................................................................... 42
Divergent local policies towards outward FDI are starting to become apparent ..................... 43
CONCLUSION AND POLICY IMPLICATIONS ..................................................................... 56
The inward FDI regime can be further liberalised ................................................................... 57
The “go global” policy has been successful ............................................................................ 57
Greater transparency at central level can help maintain rapid OFDI growth .......................... 58
Provinces can benefit from greater policy and data transparency ........................................... 59
GLOSSARY ............................................................................................................................... 61
ANNEX 1 STATISTICAL TABLES .......................................................................................... 70