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| Speed up the Transformation and Upgrading of FDI in Jiangsu Province with a Focus on Extending the Industrial Chain and Moving upward the Value Chain |
| Department of World Economy and Politics, the Party School of Jiangsu Provincial CPC, Nanjing, 210009, China |
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Abstract The ever-deepening of the current international financial crisis deteriorates and complicates the international economic environment, resulting in the ever-rising instability and uncertainty of world economic recovery. The difficult global economic situation and the resulting policy orientation will not only challenge China's macro economic trends and macro-control, but also obviously affect the utilization of foreign investment in Jiangsu. At present, the original advantage of the utilization of foreign investment in Jiangsu is weakening and problems are unresolved. Therefore we must stress the quality rather than the quantity, focus on extending the industrial chain and moving upward the value chain to adjust and optimize the structure of utilizing foreign investment in Jiangsu so as to improve the quality and level of utilization of foreign capital and promote promote Jiangsu open economy to transform and upgrade in order to create new advantages for Jiangsu economy.
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Received: 20 January 2013
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2013, Vol. 15 
