Impact of the Pandemic on China’s Investment Attractiveness
DOI:
https://doi.org/10.24412.2072-8042-2021-4-53-66Keywords:
pandemic, foreign direct investment, production chains, macroeconomic conditions, business environment, monetary policy, value added, infrastructure, innovation, green industry, intellectual property, medicine, healthcareAbstract
In the article, the key factors in improving the investment attractiveness of China for foreign direct investment under the pandemic are identified: huge market and localization of complete and efficient production chains in it; macroeconomic stability; stable monetary policy; significant foreign exchange reserves; continuous improvement of the business environment; government support for foreign trade; introduction of the law on foreign investment; higher level of added value of the manufacturing industry; developed infrastructure; larger number of high-tech labour force. The key areas for foreign direct investment in China in the future are: “To China for China”; strengthening the protection of intellectual property rights; green industry development; development of the medicine and healthcare.