The role of foreign firms in China’s urban transformation A case study of Suzhou

Kim, Hyung Min

[Kim, Hyung Min] Department of Urban Planning and Design, Xian Jiaotong-Liverpool University, Suzhou; Jiangsu; 215123, China

Population Mobility, Urban Planning and Management in China

Pages:127-142

DOI:10.1007/978-3-319-15257-8_8

Publication Year:2015

Document Type:BOOK

Identifier:http://hdl.handle.net/20.500.12791/004471

Abstract

To a large extent the Chinese government has relied upon foreign direct investment (FDI) to stimulate economic growth. Inward FDI, which has expanded massively in China after the opening up policy, is significant to Chinese cities at least in the following three aspects. First, inward FDI contributes to economic vitality as it involves production in cities. Second, the establishment of foreign firms has facilitated rural-to-urban migration, and thus stimulated urban growth. As inward FDI is mostly labour-intensive manufacturing, an influx of foreign capital has been accompanied by an increase in the number of rural migrants. Third, foreign firms have brought foreign nationals to Chinese cities, thus creating demand for multicultural services and adding to the vibrancy of the city. This chapter examines these three outcomes at China’s national level using Suzhou as a case study. © Springer International Publishing Switzerland 2015.

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