China’s Investment Policy in Mechanical Engineering with COVID-19 Impact

Authors

  • Wenfu Zhao Institute of Economics, Management and Law

DOI:

https://doi.org/10.24412.2072-8042-2020-00084

Keywords:

investment policy, investments, machine-building complex, import substitution, COVID-19 pandemic, industrial parks, industrial clusters

Abstract

The article deals with the issues of implementing the investment policy in the machine-building complex of China under the COVID-19 pandemic. The areas for development in the machine-building complex that attract investment and promote consumption of engineering products are considered in detail. Measures of state support for machine-building enterprises in the conditions of global economic recovery are justified. Promising growth areas in Russia’s machine-building industry during the recovery are proposed.

Author Biography

Wenfu Zhao, Institute of Economics, Management and Law

Place of work, post: Institute of Economics, Management and Law (83 Lermontov st., Irkutsk, Russian Federation, 664074), Department of Management - Postgraduate Student

Published

2024-02-07

How to Cite

Zhao, W. (2024). China’s Investment Policy in Mechanical Engineering with COVID-19 Impact. Russian Foreign Economic Journal, (8), 102–110. https://doi.org/10.24412.2072-8042-2020-00084

Issue

Section

Research reviews