Impact of the Pandemic on China’s Investment Attractiveness

Authors

  • Vladimir Josiofovich Bunkovsky Irkutsk National Research technical university
  • Lina Zhou Irkutsk National Research technical university

DOI:

https://doi.org/10.24412.2072-8042-2021-4-53-66

Keywords:

pandemic, foreign direct investment, production chains, macroeconomic conditions, business environment, monetary policy, value added, infrastructure, innovation, green industry, intellectual property, medicine, healthcare

Abstract

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.

Author Biographies

Vladimir Josiofovich Bunkovsky, Irkutsk National Research technical university

Doctor of Economics, Professor
Place of work, post: Irkutsk National Research technical university (83 Lermontov St., Russia, Irkutsk, 664074), Institute of Economics, Management and Law, Management Department - Professor

Lina Zhou, Irkutsk National Research technical university

Place of work, post: Irkutsk National Research technical university (83 Lermontov St., Russia, Irkutsk, 664074) Institute of Economics, Management and Law, Management Department - Postgraduate Student

Published

2024-01-28

How to Cite

Bunkovsky, V. J., & Zhou, L. (2024). Impact of the Pandemic on China’s Investment Attractiveness. Russian Foreign Economic Journal, (4), 53–66. https://doi.org/10.24412.2072-8042-2021-4-53-66

Issue

Section

World economy