Opening doors to the outside world is a fundamental national policy of China. Foreign capital can be used to supplement China's resources and is an im portant means to step up its economic development. Mr Deng Xiaoping once said: 'it is necessary to acquire foreign funds and technological know-how to help China's economic development.' Following is my opinion about China's experiences and lessons drawn from the utilisation of foreign capital.
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References
1.
Year Book of Chinese Economy (1981-1990) (Chinese edition, Business Management Publishing House).
2.
Jin Hong Xun, Experiences of Various Countries in Overseas Investment and Utilization of Foreign Capital (Chinese edition, People's Publishing House of Fujian Province, 1987).
3.
China: Recent Developments in Economics (Chinese edition), No. 9, 1991.
4.
Liu Cheng, 'Review and Thinking of the Problems in Acquisition of Foreign Capital by China', Tribune of International Trade (Chinese edition), No. 2, 1987, p. 26.
5.
Chu Bao Tai, 'Trends of International Investment in China in the 1990s', Tribune of International Trade (Chinese edition). No. 2, 1990, p. 5.
