Title: Research on Employment Effect of Foreign Investment of Service in China
Abstract: The trend of globalization of service industry is obvious,and the process of internationalization in services has been accelerated.Its process is same as manufacturing,which relies on transnational investment called foreign direct investment in service.As the transition of China coming into WTO is over,China begins to perform its commitments to WTO in the following area: finance,communications,tourism,education and consulting service etc.Service will largely flow into China.According to statistics,by the end of 2008,the utilization of foreign investment of service in China has reached more than 600 million dollars.Such a large scale flowing into China will greatly influence the welfare and economic development.How to seize the chance of the international transfer of service industry in the background of FDI in service gradually flowing to china,to attract the FDI in service,to optimize the structure of China's service sector and to upgrade industrial structure is to be a major theoretical and practical subject.This paper focuses on theoretical and empirical analysis on employment effect of China's service industry using FDI and points out that it can improve employment and promote economic growth.
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: article
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