Abstract
Foreign direct investment (FDI) is one of the most important elements of globalisation. It has been increasing dramatically in China since 1979, when economic reform and the open door policy were implemented (Chapter 2), and it has been the single most important reason for rapid economic growth in the past two decades. By 1998, China had absorbed total foreign direct investment of US$234 billion, involving some 302,326 separate projects (SSB 1998). China is second only to the United States in terms of receiving FDI. Among the foreign-owned enterprises (FOEs) in China, the majority are in manufacturing industry, though the real estate sector is also significant. Other sectors share only a small proportion of total investment (SSB 1998).
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 2002 Michael Webber, Mark Wang and Zhu Ying
About this chapter
Cite this chapter
Ying, Z., Webber, M., Wang, M. (2002). Foreign Direct Investment and Labour Relations. In: Webber, M., Wang, M., Ying, Z. (eds) China’s Transition to a Global Economy. Palgrave Macmillan, London. https://doi.org/10.1057/9781403918604_5
Download citation
DOI: https://doi.org/10.1057/9781403918604_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-50780-1
Online ISBN: 978-1-4039-1860-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)