The role of foreign direct investment in China's post-1978 economic development
回顾中国1978年后外商直接投资政策的演变，分析其规模、来源、地理分布和构成，发现FDI与经济增长和固定资产投资正相关，但也加剧了沿海与内陆发展不平衡、收入分配恶化和意识形态弱化。
The evolution of China's policy toward foreign direct investment (FDI) during the post-1978 period is reviewed and the volume, sources, geographic distribution and composition of FDI are analyzed. It is found that FDI has been positively associated with economic growth, and the increase of total fixed asset investment in China. Foreign direct investment has also forced an increasing number of domestic manufacturers to compete globally. It has also been associated with phenomena such as: (a) the accelerating uneven development between the coastal and inland provinces, (b) worsening income distribution, and (c) declining ideological commitment. While the opening of the Chinese economy to FDI is still an ongoing process, positive stimulating effects of foreign direct investment in China are observed, and these are found to contribute toward the success of its recent economic reforms.