The Trade Investment Integration and China’s Strategy is the achievement of the program of the National Philosophy and Social Sciences Fund “Trade Investment Integration and Adjustment of the Strategy for the Development of Chinese Open Economy” in 2001.
Trade investment integration is an international economic phenomenon involving high integration, interdependence and intergrowth development of contemporary international trade and direct investment. Such integration not only manifests in the highly consistent and synchronous relationship between trade flow and investment flow, but also in the complementary coexistence and interactive development of international trade and direct investment. In a narrower sense, trade investment integration means that transnational corporations allocate and use resources globally for global manufacturing and operation in the international labor division system that is dominated by these companies and characterized by factor division, thus leading to the integration (interdependence, combined action and intergrowth development) of further international trade and direct investment along the international production value chain of these companies. Despite the fast process of global trade investment integration, no theory of trade investment integration with a significant impact and that is widely accepted in theoretical circles has emerged so far. The book is preliminary research on the phenomenon of trade investment integration and may be a valuable reference for the adjustment of China’s reform and opening-up strategy after its admission into the WTO.
