Innovative Strategies on Improving FDI Quality in China Petrochemical Industry

Author

Yan, Xi

Author_Institution

Sch. of Foreign Language, Wuhan Inst. of Technol., Wuhan, China

Volume

1

fYear

2011

fDate

26-27 Nov. 2011

Firstpage

96

Lastpage

99

Abstract

As the great pillar of national economy, China petrochemical industry has played a significant role in energy exploitation and stuff manufacturing. Recently, with the FDI inflow and resource distribution all over the world, China petrochemical industry has been witnessing great opportunities and challenges. In order to enhance FDI quality in China petrochemical industry, this paper applies AHP method to analyze the essential factors influencing FDI quality in China petrochemical industry, mainly with respect to the level of FDI absorption and resulting of FDI utilization. Based on the current situation of foreign direct investment and petrochemical industry, some innovative strategies have been presented to improve FDI quality in China petrochemical industry.

Keywords

decision making; innovation management; international finance; investment; petrochemicals; petroleum industry; quality management; AHP method; China petrochemical industry; FDI absorption; FDI inflow; FDI quality; FDI utilization; energy exploitation; foreign direct investment; innovative strategy; national economy; resource distribution; stuff manufacturing; Absorption; Economics; Industries; Investments; Petrochemicals; Petroleum; FDI; innovative; petrochemical; quality;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management, Innovation Management and Industrial Engineering (ICIII), 2011 International Conference on

Conference_Location

Shenzhen

Print_ISBN

978-1-61284-450-3

Type

conf

DOI

10.1109/ICIII.2011.29

Filename

6115022