Document Type
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BL
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Record Number
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959559
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Doc. No
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b713929
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Title & Author
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China : : progress and reform challenges.
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Publication Statement
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Paris :: OECD,, 2003.
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Series Statement
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OECD investment policy reviews
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Page. NO
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1 online resource (239 pages) :: illustrations
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ISBN
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1280170107
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: 9264101977
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: 9781280170102
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: 9789264101975
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9264101950
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9789264101951
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Notes
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"Emerging economies transition"--Cover.
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Also published in French under title: China : progrès et enjeux de la réforme.
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Bibliographies/Indexes
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Includes bibliographical references (pages 227-237).
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Contents
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Foreword; Note by the editor; Table of Contents; Preface to China's Evolving FDI Policy Framework; Chapter 1 -- Overview of progress and policy challenges; Chapter 2 -- The role of FDI in china's economic development; Chapter 3 -- The regulatory framework for FDI in China; Chapter 4 -- The legal system and FDI; Chapter 5 -- The evolving competitive environment for FDI; Chapter 6 -- The Tax treatment of FDI in China; Chapter 7 -- Bilateral investment treaties; Annex I -- The international comparability of China's FDI statistics; Annex II -- Statistical tables.
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Abstract
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China has become one of the world's leading destinations for foreign direct investment (FDI) since the Chinese government opted to reform the economy and open it to foreign trade and investment. Inflows of FDI, which accelerated at the time of China's accession to the WTO in 2001, have been an important factor in promoting rapid economic growth and technological progress. However, there remains substantial potential for a greater inflow of long-term, high-technology, high-value-added FDI from OECD countries. This study records and evaluates the development so far of an enabling environment for FDI and suggests policy options designed to improve it further. Foreign investors were initially attracted to China by cheap land and labour, the promise of a large market and, to some extent, by fiscal incentives. To sustain and increase large-scale FDI inflows, it is now necessary to move towards a more strongly rules-based attraction strategy, based on structural elements which will include a sound legal system, transparent laws and regulations, streamlined investment approval procedures, good corporate governance, effective competition policy and a sound financial system.
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Subject
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Investments, Foreign-- China.
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Subject
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Economic history.
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Subject
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Economic policy.
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Subject
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Investments, Foreign.
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Subject
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Wirtschaftsreform
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Subject
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Buitenlandse investeringen.
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Subject
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China, Economic conditions.
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Subject
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China, Economic policy.
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Subject
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China.
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Subject
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China.
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Dewey Classification
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332.6730951
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LC Classification
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HG5782.C446 2003
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NLM classification
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83.44bcl
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Added Entry
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Organisation for Economic Co-operation and Development.
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SourceOECD (Online service)
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