Impacts of foreign direct investment on China’s construction industry

Chen, Le & Mohamed, Sherif (2003) Impacts of foreign direct investment on China’s construction industry. In Ahmed, S.M. , Ahmad, I., Tang, S.L. , & Azhar, S. (Eds.) Sustainability and Innovation in Management and Technology, CITC-II Hong Kong, Hong Kong.

[img]
Preview
PDF (86kB)

Abstract

China’s national construction industry is now preparing to face the challenges, and to seize the opportunities, resulting from China’s entry to the World Trade Organisation (WTO). With the foreign direct investment (FDI) hitting a record high of around US$52.7 billion in 2002, China is believed to have now surpassed the USA as the world’s favorite destination for foreign investment. This fact, coupled with the huge potential for infrastructure development, indicates that the relatively large proportion of FDI flowing into the national construction industry will continue to increase in the foreseeable future. Positive aspects of FDI flowing will definitely help forging new industrial capabilities for China’s construction industry, thus helping it to achieve the ambitious strategic targets set by the Government for exporting construction goods and services. To shed some light on the position of the national industry in the global economy, this paper briefly presents the current international standing of China’s construction industry and qualitatively appraises potential positive influences of, and challenges associated with, FDI on the national industry.

Impact and interest:

Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

426 since deposited on 04 Sep 2013
24 in the past twelve months

Full-text downloads displays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 59888
Item Type: Conference Paper
Refereed: No
Keywords: China, Construction Industry, Exporting Services, Foreign Direct Investment, World Trade Organisation
ISBN: 9889737019
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2003 The Authors
Deposited On: 04 Sep 2013 21:54
Last Modified: 06 Sep 2013 05:15

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page