TY - BOOK AU - Zebregs,Harm AU - Tseng,Wanda AU - Zebregs,Harm TI - Foreign Direct Investment in China: Some Lessons for Other Countries T2 - IMF Policy Discussion Papers; Policy Discussion Paper SN - 1451974175 : SN - 1934-7456 PY - 2002/// CY - Washington, D.C. PB - International Monetary Fund KW - FDI KW - imf KW - Foreign Investment KW - Foreign Investors KW - Investment KW - China KW - China, People's Republic of N2 - China's increasing openness to foreign direct investment (FDI) has contributed importantly to its exceptional growth performance. This paper examines China's experience with FDI and identifies some lessons for other countries. Most of the factors explaining China's success have also been important in attracting FDI to other countries: market size, labor costs, quality of infrastructure, and government policies. FDI has contributed to higher investment and productivity growth, and has created jobs and a dynamic export sector. China's success, however, did not come without some pitfalls: an increasingly complex tax incentive system and growing regional income disparities. Accession to the WTO should broaden China's "opening up" policies and continue FDI's contributions to China's economy in the future UR - http://elibrary.imf.org/view/IMF003/02587-9781451974171/02587-9781451974171/02587-9781451974171.xml UR - http://www.imfbookstore.org/IMFORG/9781451974171 ER -