중국 강소성의 외국인직접투자환경에 대한 연구

Abstract

China's progress during the economic reform era that began in 1978 has been one of the great economic success stories of the post-war era. China has become the world' second largest economy and third largest recipient of foreign direct investment. China's performance is all the more remarkable in that its reforms have been gradual and its development has occurred despite extensive, though declining, state ownership and intervention in the economy. The accession of China to the WTO marked an important milestone along the reform path China has been following for more than thirty years. Over the past 30 years of reform and opening up, China's annual economic growth is averaging around 10%.

Jiangsu, located on the eastern coast of China, is one of the most dynamic economies, as well as China's third largest provincial economy. Among the most prominent industries are plastics, semiconductors, petrochemicals and automobiles. To a great extent, the rapid growth of Jiangsu’s economy is the result of surging foreign investment in the province. In 2003, Jiangsu displaced Guangdong as the largest FDI recipient for the first time in the past 10 years. Since then, Jiangsu has remained at the top position.

With this background, this study aims to analysis the FDI environment of Jiangsu Province. For that, the author examines the status and policies of FDI to Jiangsu. Moreover, the facts and figures of FDI from Korea are presented with some cases. The author concludes that Jiangsu is one of the best place for FDI, and has a great potential to develope in the future.