Foreign direct investment
Developing China: The Remarkable Impact of Foreign Direct Investment
The Hinrich Foundation commissioned Professor Michael J. Enright to lead a major research project identifying the impact of foreign direct investment on China’s economic development.
One of the most important features of China’s economic emergence has been the role of foreign investment and foreign companies. The importance goes well beyond the USD 1.6 trillion in foreign direct investment that China has received since it started opening its economy.
Using the tools of economic impact analysis, the author estimates that around one-third of China’s GDP in recent years has been generated by the investments, operations, and supply chains of foreign invested companies.
In addition, foreign companies have developed industries, created suppliers and distributors, introduced modern technologies, improved business practices, modernized management training, improved sustainability performance, and helped shape China’s legal and regulatory systems.
The power of FDI
These impacts have helped China become the world’s second largest economy, its leading exporter, and one of its leading destinations for inward investment.
The book provides a powerful analysis of China’s policies toward foreign investment that can inform policy makers around the world, while giving foreign companies tools to demonstrate their contributions to host countries and showing the tremendous power of foreign investment to help transform economies.
© The Hinrich Foundation. See our website Terms and conditions for our copyright and reprint policy. All statements of fact and the views, conclusions and recommendations expressed in this publication are the sole responsibility of the author(s).
Phase 1: The Impact of Foreign Investment on China from Enright, Scott & Associates
Phase 3: The Impact of Foreign Investment on China from Enright, Scott & Associates
FDI in China infographic (English version)
FDI in China infographic (Chinese version)
FDI in China fact sheet (English version)
FDI in China fact sheet (Chinese version)
Corporate case study: Hong Kong Pioneers
“Professor Enright makes a comprehensive assessment on the achievements that China made in attracting foreign investment and the positive contributions of foreign investment to the development of China’s economy, with scientific and systematic analysis and the innovative application of the economic impact analysis techniques.”
Li Gang, Vice President, Chinese Academy of International Trade and Economic Cooperation, MOFCOM
“Developing China is the most comprehensive study of the role of foreign invested enterprises in China’s economic transformation available. It analyzes the evolution of government policy toward foreign investment and, more importantly, provides a path breaking analysis of the contribution of foreign firms to the growth of output and employment in China.”
Nicholas Lardy, Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics
In the news
Media interviews with book author Professor Michael Enright
Here’s why incoming FDI is far more important to China than thought
Michael J. Enright, author of “Developing China: The Remarkable Impact of Foreign Direct Investment”, explains why China still needs foreign direct investment (FDI).
Four decades of Chinese capitalism show how trade and investments benefit everybody
Article highlights findings from “Developing China: The Remarkable Impact of Foreign Direct Investment” by Michael J. Enright.
Enright on Why China PPI Is Rising Fastest in 5 Years
Professor Michael J. Enright, author of “Developing China: The Remarkable Impact of Foreign Direct Investment,” discusses China’s economy and rising PPI.
Making the case for foreign investment in China
Michael J. Enright explains how foreign companies can better make the case for foreign direct investment (FDI) in China.
Study Emphasizes Foreign Investment’s Role in Chinese Economy
Wall Street Journal’s China Real Time Report highlights author Michael J. Enright’s research on the impact of foreign direct investment (FDI) on China’s economic development.
China would be ‘mistaken’ to undervalue foreign investment, says business researcher
Author Michael J. Enright shares findings from “Developing China: The Remarkable Impact of Foreign Direct Investment” in an interview with the South China Morning Post.
Interview: How to Treat FDI's Contribution to China's Growth
BBC China interview Professor Michael J. Enright about his new book “Developing China: The Remarkable Impact of Foreign Direct Investment”.
Impact of FDI in China is underrated: Academic
Professor Michael J. Enright discusses his book, “Developing China: The Remarkable Impact of Foreign Direct Investment".
A conversation with Professor Michael Enright
Center for Strategic and International Studies (CSIS) interviews Michael J. Enright about his new book “Developing China: The Remarkable Impact of Foreign Direct Investment”.
Recaps of book launch events and discussions
Hinrich Foundation holds briefing for US journalists
14 September 2017
On September 10, 2017, the Hinrich Foundation welcomed the East-West Center’s visiting US journalism fellows to a special briefing event as a part of their 2017 China-United States Journalists Exchange program.
Chinese-language edition of FDI in China introduced in Beijing
25 July 2017
The Chinese-language edition book launch for "Developing China: The Remarkable Impact of Foreign Direct Investment" was held in Beijing on 25 July 2017.
Michael Enright presents new US FDI in China report
14 July 2017
On July 13, 2017, author Michael J. Enright presented findings from a ground-breaking new white paper report on the impact of US foreign direct investment (FDI) and US companies on China’s economy.
Hinrich Foundation presents FDI book in Hong Kong
16 November 2016
The Hinrich Foundation presented its new book “Developing China: The Remarkable Impact of Foreign Direct Investment” by Michael J. Enright on Tuesday, November 15th at a luncheon event in Hong Kong.
Hinrich Foundation launches new book on the impacts of FDI
27 September 2016
The Hinrich Foundation launched its new book “Developing China: The Remarkable Impact of Foreign Direct Investment” by Michael J. Enright on Tuesday, September 27th at the Center for Strategic and International Studies (CSIS) headquarters in Washington, D.C.
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