中国对外开放进入新阶段:更均衡合理地融入全球经济

经过10多年较大规模吸收外资,我国在全球跨国投资流动中的地位正在发生变化。第一,作为FDI东道国的相对地位下降,表现为外资占国内固定资本形成总额的比重下降,在各东道国中按外资比重衡量的排名下降。第二,对外投资迅速增长,未来五年投资总额可能超过800亿美元,成为发展中国家中最大的投资母国之一。第三,利用国外资金和技术的方式多样化,表现为非FDI方式使用外资增多,以购并方式吸收外资和对外投资增多,服务业吸收外资增多,以我为主组合利用全球技术资源的能力增强等。这些变化使跨境资金流动与国内经济的互动关系更加复杂。面对新形势研究开放问题,要综合考虑商品和要素流动的需求,考虑作为外资东道国和投资母国的利益需求,更均衡合理地融入全球经济。

New Stage of China's Opening Up:Integrating into the Global Economy in More Balanced Approach

Having absorbing FDI in large scale for over 10 years, China's status in the global capital flow is changing. Firstly, the relative status as a host country declined, which is demonstrated by the fact that the proportion of FDI in the Gross Fixed Capital Formation and the rank as for the proportion of inflow FDI in all host countries declined both. Secondly, outward FDI grew rapidly. In the next 5 years, the accumulated outward FDI will amount to over 80 billion dollars and China will be one of the biggest sources in all developing countries. Thirdly, methods of utilizing overseas capital and technology have been diversified, which is proved by the fact that non-FDI foreign capital, FDI in M&A type and FDI into the service industry have all got larger proportion. The ability of utilizing global technologic resources has been enhanced. These changes have complicated the interactive relation of cross-border capital flow and domestic economy. To study problems on opening up with these new situations, we should consider synthetically the demand of goods and factors, request of interests as the host country and the source country and how to integrate into the global economy evenly in more balanced approach.