An Analysis of the Macro Mechanisms in Development of Chinese Outwaed Direct Foreign Investment

Abstract

This paper analyzes in detail relevant mechanisms that influence the development of Chinese Outward Foreign Investment (OFDI). Since these mechanisms directly affect the development of Chinese transnational corporations, it is of great significance to establish and improve such mechanisms. The mechanisms relating to the development of OFDI mainly include- foreign exchange administration, legal systems, the system of administrative examination and approval, monetary support system, tax system, insurance system and related service support system.