HND大综合GU2第2部分Developing部分范文.docx
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HND大综合GU2第2部分Developing部分范文
Chapter1Introduction
1.1ABriefofwhatIamwriting
SincetheChineseopeningpolicyactualizedinChinain1978,Chinakeepsahighspeedofgrowthrate.Brininginandutilizingforeigninvestmentwouldbeoneofthemostimportantstrategiesofbasicnationalpolicies.Puttinginpracticeofthisstrategy,Chinahadresolvedthefundlackingandlowleveloftechnologyandmanagementproblemsineconomyconstruction.UndertheleadershipofChineseleaderDengXiaoping,Chinawastestifiedofthemostamazingeconomictransformationsover20years,anditislikelytogrowinimportancebothpoliticallyandeconomically.
Ontheotherhand,theChineseenteringofWTOin2001alsoplayavitalroleinattractingforeigninvestment.Sincetheearly1990s,theamountofforeigninvestmentthatenteringintoChinahadincreasedsharply.Inthecontinuous6yearsfrom1996to2001,Chinautilizedforeigninvestmentactuallyexceed$40billionperyearandtheaggregatehadexceeded$400billion.In2001,thisnumberreached$billionandachievedbetterlevelsinfollowingyears.
ThischapteranalyzestheparticularprocessandresultsofmyinvestigationincludingthedataanalysisandeconomicphenomenaandtheireffectswhichthebusinessesIchoosefortheinvestigation.Methodologyisatooltocollectandanalyzeboththeprimarydataandsecondarydata.AndthedetailedmethodsIusearethequestionnaireandsurveyandalsotelephone-interviewtoobtaindirectinformation.InordertopresentthebetterunderstandingtoreadersonwhatIfound,thefollowingsubheadingwouldexhibittheinformationclearly:
●Thegeneralpolicybackgroundonthemultinationals’economicandinvestenvironmentinChina.
●ThereasonsthatoverseasinvestmentcomeintoChinesemarket.
●WhatkindofimpactsthemultinationalstransferredtoChina.
●ThegreattransformationonChina
Theprobableresultsofmyinvestigationexhibittheimpacts(goodeffectsmostly)inChinesemulti-aspects,whichconsistofnationaleconomy,personallivelihoodandfirms’development,etc.UndertheprefectChineseeconomicdevelopment,themorethan20yearscorrectpoliciesandappropriateinvestmentenvironmentplayedasignificantrole.ThroughtheprincipalresearchesofCoca-ColasysteminChina,thereaderscouldeasyfigureoutthechangesinChinabyarepresentativefirm.
LiteratureReview
TheNinthChineseInternationalInvestmentandTradeConference,whichhadinvitedthedeputydirectorofCommerceSecretaryYuanyuanGao(2005,accessedatwhoarguesthatChinaadapttothenewsituationofworldeconomicdevelopment,exploitforeigninvestmentlogically,effectivelyandpositively.Now,Chinahadagreaterpowerinattractingforeigninvestmentyearbyyear,andthecurrentpoliciesusedinfetchingforeigninvestmentincludethreemostimportantaspects,whichareimprovingthelegalenvironmentforFDI,maintainingtheconsummatemarketenvironmentandguidingmoreforeigncompaniesintoChina.FromthisconferenceofChinesegovernment,IcanrealizetheChineseeconomicsituationissuitforforeigninvestmentverymuchanditactuallyhasgainedmanyinvestmentsinpastseveraldecades.ThecurrentpoliciesappliedinforeigninvestmentbringmorebenefitstoChina,suchastheupswingofemploymentrate,livingstandardandChineseGDP.
TherearemanyelementscouldinfluencetheflowdirectionofFDI.Accordingtothe“InvestmentAnalysis”whichprovidedby“MarketModernization”(ZhaoandMou,2007),themarketenvironmentsplayaveryimportantroleinwhethertheforeigncompaniesinvestinChina.First,Chinahadexperiencesoffastandstableeconomicgrowthoverpast20yearsandChinahasagreatincreaseinpurchasepowerinthisperiod.Chinanowbecameahugeandperfectlyergasticconsumermarketintheworld.AndChinaplaysaveryvitalpartinmultinational’sglobalstrategy.Inaddition,theyalsosubmitthesecondpoint;theinvestmentenvironmentisamixtureofmultipleelements.Thenaturalandlongtermelementscalledhardwareenvironment,buttheman-madeelementscalledsoftwareenvironment.Theman-madeenvironmentsmainlyindicatethepolicyenvironment,legislationenvironmentandmarketenvironment.ThiselementmostlyincludesenteringofFDI,actualizingofnationaltreatment,examineandapproveforFDIfromgovernment,foreignexchangepolicies,financingenvironment,taxationpolicies,financepoliciesandimportsandexportspolicies,etc.GoodinvestmentenvironmentinChinahaveactedanexampletotheworld,currentlyChinaisthecountrythatattractingthemostFDIinrecentyears.MystudywillfigureoutthedetailedinformationthatsupportsthehardwareandsoftwareeconomicenvironmentinChineseinvestmentmarket,andhowtheybenefittoChinaandforeigninvestors.
InvestigationStructure
Myinvestigationisorganizedasfollows.Chapter1showsthereadersadetailedbriefwhichincludesinvestigationtitle,contentsandmethodology,etc.Chapter2explainsthetotaltimescaleinmyinvestigation.Chapter3discussestheintroduction,literaturereviewandmethodologywhatIusedinmystudy.Chapter4presentsadetailedanalysiswhichcontentofcaseaboutCoca-Cola.Atlast,Chapter5considerstheevaluationofthiswholeinvestigation.
Methodology
Thispartoutlinestheanalysisoftheadoptedmethodologyformycurrentinvestigation.“Methodologyreferstotheoverallapproachtotheresearchprocess,fromthetheoreticalunderpinningtothecollectionandanalysisofthedata”.(CollisandHussey,2005:
55)CollectingboththeprimarydataandsecondarydataIusedifferenttoolstolayouttheresearchestoreaders.Thesecondarydatamayhavealotofsourcessuchasjournals,magazines,newspaper,businessreviews,referencebooksandtheInternet.MostofmyliteraturesearchwasfromthecollegelibrarybasedinCentreSouthUniversityofForestandTechnology,somelittleothersfromthelibraryofChangshaCityandsomebookstores.Magazineandjournalalsogivemesomeinformationtosupportmyinvestigation.Mostly,Iconsultplentyofinformationfromtheinternet,thenchoosethefavorabledataandusedinmystudy.
Thecollectionofprimarydatamayusebydifferenttools;theyconsistofinterviewandquestionnaire.Quantitativeresearchandqualitativeresearchhavebeenpresentedtotheascendantstrategyformanagingbusinessresearch.(BrymanandBell,2003)Theuseofinterviewisatypicaldatacollectiontooltoqualitativeresearchapproach,washelpmetoreceivemydirectmaterialsfrommyadoptedinvestigatefirms.However,thismethodhasitsowndrawbacksincludetheexpensiveexpensesandtime-consuming.Especiallyiftherearealargeamountofdataisneededtoreceivefromthemanagers.Bymyself,Ichoosethetelephone-interviewtooffsetthedrawbacksofdirectinterviewtofirm’smanager.Throughtelephone-interviewtoamanagerofCoca-Colamarketingdepartment,Ihavegottherelatedmulti-aspectsofCoca-Cola’sinvestmentimpactsinChina.Thistelephone-interviewfromCoca-ColatalkabouthowtheChineseinvestmentpoliciesinfluenceCoca-Cola’sinvestmentinChina,howtheChinesecurrentinvestmentenvironmenthelpsCoca-Cola’sdevelopinginChinaandmostlywhatkindofdetailedimpactstheCoca-ColabottlingsystemcreatedtoChina.AndthemostpartsoftheinterrelateddetaileddataaboutthesetopicsItalkaboutwithCoca-Cola’smanagerabovearecomefromthecompany’sinterior,besides,theminorpartofthedataarefromsomesecondarydatasourcesuchasthenewspaper“Chinainformation”andsomespeechbyChenWeiqi,thepresidentofCoca-ColaChineselimitedcompany.
DuetothenewpoliciesprovidedbyleaderDengXiaopin,theCoca-Colasystemre-enteringintoChinesemarketin1979andthissystemconsistoftheCoca-ColaCompanyanditsalliedbottlers.TheCoca-Colasystemhadinvested$billioninthelocaleconomyandbuilt28newbottlingplants.BecauseofthedifferencesbetweenChineseinvestmentandothers’,theCoca-ColatookafancytoChinesepotentialinvestmentenvironmentandinvestssubstantialfund.Thesefundsinclude37relativeissuesinvestments,whichthetotalamountwasbillionRMB.SincetheChineseenteringofWTO,theglobalbusinesssystemslikeCoca-Colamayhelpstimulateeconomicgrowth,employmentandtaxrevenue,evenmorethetechnologytransfer.ThenumberofpeopledirectlyandindirectlyemployedbyCoca-Colasystemisestimatedtohavebeen414,000.TotheChinesegovernmenttaxrevenue,Coca-Colacontributedalmost387millionRMBin1998.
“Questionnairesurveysallowthecollectionofalargeamountofdatafromasizeablepopulationinahighlyeconomicalway”.(Saunderset.al.,2003:
92)Researchersusequestionnairetogaintheinformationthattheyneed,itisatoolthatcouldunderthecontrolintheprocess.ConsideringthetransnationalenterprisesenteredintoChina,thenormalpeoplehavethelargestrighttospeakthechangesofpeople’slivingstandards.Mypreparedquestionnairewasusedinagroupofpeoplethatinthebusieststreet,whichnamedHuangXinSouthRoadworkingstreet.Andmyexaminecontentmainlyaimatthepopulacelivingstandardsinresentyears.Indetails,theywereaskedinthisquestionnaireincludingpopulace’sincomesandexpenses,purchasingpowersanddeposits.ThroughthisanalysisresultsandtheinformationofGDPandemploymentrateinChina,IcouldfigureouttheChinesetransformation.
Chapter2Analysis
Thegeneralpolicybackgroundonthemultinationals’economicandinvestmentenvironmentinChina.
Chinesegovernmenthasmadegreatachievementsinattractingforeigninvestmentsanddevelopinganexport-orientedeconomy.Bytheendof1996,230,000FIEshad