Analysis of Economic Factors Attracting FDI in West China since Reform and Opening-up

Wenfei Lan, Qie Yin

Abstract


Since China performed the policy of reform and opening-up 30 years ago, foreign direct investment (FDI) has exerted important function in the quick development of economy, but the location factors of West China and East China are very different, and their attractions to FDI are not same. According to the location theory of FDI, in this article, taking the city of Chengdu as the example, we utilized the method of co-integration to empirically analyze the economic factors attracting FDI in West China in past 30 years since reform and opening-up. And the analysis results indicate that quicker economic growth, higher opening degree and investment in fixed assets are important economic factors to attract foreign investments for the city of Chengdu.

Full Text: PDF

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.