A Study on the Policies to Promote Chinese FDI toward Korea
DC Field | Value | Language |
---|---|---|
dc.contributor.author | SUNMINGMING | - |
dc.date.accessioned | 2017-02-22T02:17:24Z | - |
dc.date.available | 2017-02-22T02:17:24Z | - |
dc.date.issued | 2015 | - |
dc.date.submitted | 2015-08-06 | - |
dc.identifier.uri | http://kmou.dcollection.net/jsp/common/DcLoOrgPer.jsp?sItemId=000002174192 | ko_KR |
dc.identifier.uri | http://repository.kmou.ac.kr/handle/2014.oak/8150 | - |
dc.description.abstract | The Chinese government's "going out" strategy has not only contributed to China's economic development, but also to the prosperity of the World economy. Economic development mainly depends on foreign trade and foreign investment in South Korea. China's "going out" strategy is to get a win-win relationship between this two countries. Since 1992, China and Korea have established officially diplomatic relations and two countries have achieved remarkable development in various fields such as politics, economics and culture. The Korean government policies are intended to attract continued investment from the Chinese enterprises by increasing close diplomatic relations between both countries. In addition, Korea and China are close neighbors. Similar lifestyle and culture are only some of the many advantages which directly lead to favorable conditions which may attract the investments of Chinese enterprises in Korea. Recently Chinese enterprises' goals are to construct a network of international operations, to expand overseas markets and to ensure that resources improve R&D capability to target active FDI. Therefore, China's foreign investment has increased by more than 50 percent annually, placing China next to the United States and Japan as the third largest foreign investor, especially after the 2008 global financial crisis. China's use of abundant funds actively promotes the development and acquisition of vehicles and other core manufacturing high-tech enterprises for the development of foreign minerals and energy. Moreover, M & A like Chinese SsangYong Motor, HYDIS and other events are strongly believed to contribute to Chinese companies giving attention to and investing in Korea. This paper introduces the theory of FDI and related literature, which thereafter explains the necessity of Chinese direct investment toward Korea and also features the present states simply explained on China's direct investment in Korea. After SsangYong Motor is acquired by Chinese companies, HYDIS and Actoz Soft (the most recent Chinese enterprises to make recommendations to promote investments in Korea) analyze the results of the operations and inquire about the direct investment of Chinese enterprises in Korea. I personally wish that the above statements will encourage and convince Chinese enterprises to invest in Korea, not only now but also in the future. | - |
dc.description.tableofcontents | 國 文 抄 錄 ⅵ Abstract ⅷ Chapter 1. Introduction 1 1.1 Research background and significance 1 1.1.1 Research Background 1 1.1.2 Research Significance 2 1.2 Research foundation, method and originality 2 1.2.1 Research Structure 3 1.2.2 Research Method 3 1.2.3 Originality and deficiencies of research 4 Chapter 2. Review of relevant theory and literature 5 2.1 Review of FDI Theory 5 2.1.1 Theoretical Research on FDI in Developed Countries 5 2.1.1.1 Monopolistic Advantage Theory 5 2.1.1.2 The Internalization Theory 6 2.1.1.3 The Eclectic Theory of International Production 7 2.1.1.4 The Product Life Cycle Theory 9 2.1.1.5 The Theory of Marginal Industry Expansion 10 2.1.2 Theoretical Research on FDI in Developing Countries 11 2.1.2.1 The Theory of Small-scale Technology 12 2.1.2.2 State on Localized Technological Capacities 13 2.1.2.3 The technology innovation and industry upgrading theory 14 2.2 Research Status: Domestic and Abroad 15 2.3 Commentary 18 Chapter 3. Analysis on the Necessity of Chinese Investment to Korea 20 3.1 Chinese Factors 20 3.1.1 Chinese Government's“Going out”Strategy 24 3.1.2 Structural Change of Industry 25 3.1.3 The Promotion of Cultural Industries 26 3.2 Korean factors 27 3.2.1 Geographical proximity, cultural similarity and industrial complementarity 27 3.2.2 FTA between Korea and the United States, Korea and the EU, Korea and China 27 3.2.3 FDI Policies of South Korea 28 3.3 Korean Project for Expectation of Chinese Enterprise Investment 29 3.3.1 Northern Area 29 3.3.2 Central Area 30 Chapter 4. China enterprises' status and characteristics of FDI to Korea 32 4.l FDI status of Chinese enterprise in Korea 32 4.2 The subject of investment 35 4.3 The scale of investment 36 4.4 Industrial distribution 37 Chapter 5. Analysis: Chinese acquisitions of Korean companies 40 5.1 Investment analysis 41 5.2 Risk return profile 43 5.3 Financial standing 44 5.4 Overall evaluation 47 Chapter 6. Problems of Chinese enterprises’investment to Korea 49 6.1 South Korean's negative perspective of China Enterprises 49 6.2 The Korean Government problems 50 6.3 Chinese enterprises’lack of ability 51 6.4 Overall and the average size 51 6.5 Improper understanding of labour relations 51 Chapter 7 Investment promotion strategy 53 7.1 The advice for China 53 7.1.1 Improving the success rate of FDI to Korea 53 7.1.2 Broadening the investment channels and innovative model 53 7.1.3 Improving the risk coping mechanism 54 7.1.4 The proper construction of overseas investment insurance system 55 7.1.5 Establishment of a good image 56 7.1.6 Cultural exchange and communication 56 7.1.7 Strengthening the training of internationalized talents 57 7.2 the advice for Korea 58 7.2.1 Building a friendly investment environment 58 7.2.2 A good image in the propaganda of Chinese-Korean investment 58 7.2.3 Creating a business template 58 7.2.4 Other investment promotion activities 59 7.2.5 Promotion of the effective operation of free economic zone 60 7.2.6 Improving the existing system 60 7.2.7 Government expansion of the cultural industry support 60 Chapter 8. Conclusion 62 Acknowledgement 65 References 66 | - |
dc.language | eng | - |
dc.publisher | 한국해양대학교 | - |
dc.title | A Study on the Policies to Promote Chinese FDI toward Korea | - |
dc.type | Thesis | - |
dc.date.awarded | 2015-08 | - |
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