Question by MoodSwingWhiskey: How is China attracting foreign direct investment into its technological sector?
Whats China’s strategy when it comes to attracting FDI into its technology sector? Anything like it automobile industry, Biotech, pharmaceutical, computers, anything related to technology.
Any answers, with links if possible, would be much appreciated
Best answer:
Answer by chinablix
That is a very broad question, one I am not really qualified to answer except I know this.
Since Taiwan new president was elected, he has made it a point to bury the past with China and move towards the future.
China has a problem today with its high tech, lack of understanding the manufacturing process of microcircuity and Taiwan does. China and Taiwan are forming joint agreements to share in these kinds of ventures.
Look to the future of China and much of Asia forming an Asian Economic Union with a common currency and common ideology. That could even include India.
Asia today is pretty much stable, not like in the 50′s through 80′s. They have realized that to have wars and conflicts does nothing for countries and the people. That economics are the new frontier and the new wars, not guns and bombs.
The best links I can come up with you can find yourself on Google. Do a search for english language newspapers, look for govenment web sites and start doing a search from there. If you look at the western version and not take in the eastern, then you will end up with a skewed view of the situation. Both sides of full of their own crap, from truth to lies, it is looking at all of it objectively is when one can come to a somewhat informed conclusion.
Good Luck.
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Transplanted American living and working in the central part of China.
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There are many ways that China’s government uses to attract FDI. Basically there could be?
1. good tax favour policies
2. massive administrative supports
3. vast market entry favours for any promising product that the hi-tech generates
4. convenient chain supplies from raw material, human resources, logistics and so forth…
…
You can name a lot. But the point is that the government knows what FDIs want from China, and they will give what they want, or even better options. In China the industrial protectionism can be removed with a finger snap, while in the West, that could be very complicated. So want a quick success without much political infulence but the money? then go to China, and you will be on the top within a couple of years…