The Opportunity to Chinese Enterprise in Foreign Direct Investment During the Period of Greece Economic Recovery

The Opportunity to Chinese Enterprise in Foreign Direct Investment During the Period of Greece Economic Recovery

Zhu Naixiao (Jinan University, China) and Ding Zhuoqi (Jinan University, China)
DOI: 10.4018/jabim.2012070104
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Foreign direct investment (FDI) has taken an important role in economy development in China. During the period of Greece economy recovery, new Marshall Plan would offer good opportunities to Chinese enterprises, if FDI (Foreign Direct Investment) can be made on scientific analysis basis in order to avoid risks. As a growing country, China would make more contribution in economy recovery in Greece.
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2. Fdi Would Take An Important Role In Chinese Economy Growth

2.1. Scale of Foreign Direct Investment

By the first half of 2011, China FDI outflow was US $26.2 billion, up by 17% year on year; According to 2010 Statistical Bulletin of China’s Outward Foreign Direct Investment, China’s outward FDI net flows (outflows) in 2010 reached US $68.81 billion, increasing by21.7% compared to the number in 2010. By the end of 2010, more than 13,000 domestic investing entities had established about 16,000 overseas enterprises, spreading in 178 countries and regions globally, The accumulated outward FDI net stock volume(stock) stood at US $317.2 billion. TheWorld Investment Report 2011by UNCTAD showed that, China’s outward FDI flows and stock in 2010 took global shares of 5.2% and 1.6%.China ranked 5th among all economies in term of outward FDI flows and 17th in terms of stock.. In short, China FDI has witnessed dramatic changes under “going out” strategy; China has integrated into the world economy actively (Table 1).

Table 1.
China outward FDI flows and stock (billions of US dollars)

Source:2010 Statistical Bulletin of China Outward Foreign Direct Investment

Note:data 2002-2005 for non-financial industry, 2006-2010 for the whole industry

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