Liu Shengqun Business English Class 1201 2014.10.08 Graduation Essay.

Liu ShengqunBusiness English

Class 12012014 .10.08

Graduation Essay

ContentsPersonal Data----30’s

Educational Background----25’s

Working Experience----20’s

Honour Certificates----12's

As An English Teacher----8's

SWOT Analysis----28’s

Summary----60's

Personal DataName: Liu ShengqunGender: FemaleDate of Birth: January 1993Place of Birth: Yibin SichuanPolitics Status:League Member Marriage:SingleHealth Conditions:GoodSchool: Hunan Mass Media Vocational CollegeMajor: Business EnglishExpected Salary:¥3000Expected Position:English TeacherTel:0731-15674954439E-mail:[email protected]

Educational Background

2012.9- 2015.5 Hunan Mass Media Vocational College

2009.9- 2012.6 Yibin No.4 Middle School

Working Experience

2014.7-8 Telephone Operator.

2013.7-8 English Teacher .

2012.7-8 Shopping Guide in K-bird.

On Weekends,Waitress,Street Vendor,Sales Promotion,Leaflets etc.

Honour Certificates

As An English Teacher

Cute Children & Happy Smiles

SWOT AnalysisS CET-4 and CET-6 Certificates China National Business English Certificate Level One National Computer Rank Examination Rank One Mandarin Second Class

W Low Diploma Less Working Experience

O Foreign Trade English Teacher Further Education

T Competition From Other Graduates

The summary of FDI (Foreign Direct Investment) in China

This article focuses on the topic of FDI (Foreign Direct Investment) in China. From it I have learned that FDI was authorized in 1979 in China as a part of the economical reform. It was introduced to bring in foreign capital, R&D and management skills (Lemoine, 2000). Since 1992, China has been the leading recipient of FDI among developing economies (Moore, 2002 p3). The driving force behind China’s success in acquiring FDI has been several factors, such as the liberal economic policies,the overall low cost of labor,preferential tax treatment and the Chinese government’s efforts to bring regulations in line with international standards. There are three main legal cooperative forms for FDI that have been developed progressively, they are Foreign Invested Enterprises (FIE) ,Equity Joint venture (EJV) (1979) and Cooperative Joint Venture (CJV) (1988).

Since the mid 1990’s, FDI in China has accounted for a significant share of domestic investment, tax revenues, industrial output, export and jobs in China. FDI has been China's major source of financing since 1992.

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The article also talks in details about the following:

Firstly, geographical bias in origin of FDI in China. There is a strong geographical bias in origin of FDI in China. In the 1980’s three countries was responsible for 86 per cent of total FDI (Hong Kong accounted for 62 per cent, Japan for 14 per cent and US for 10 per cent). The large figure displayed by Hong Kong reflects this issue. There are, in general, three phenomena that are contributing to the infiltrated Hong Kong investment in China. It is in fact difficult to get a precise picture of FDI flow by country in China due to the Hong Kong bias.

Secondly, reason for Investment and FIE Contribution to Industrial output.According to surveys the reasons for investing in China differs depending on country of origin (Zhang, 1995; Tso, 1998; and Démurger, 2000).The contribution of FIE to output more than doubled from 9 percent to 21 percent between 1993 and 1997 and contributed 37 percent of the growth in output during that period.

Thirdly, FIE Specialization Pattern and Comparative Advantages .FDI has been largely concentrated to a limited number of sectors. In the 1980’s FDI was dominated by investment in real-estate, tourism and exploration of China’s oil fields. In 1997, ten sectors represented more than 64 per cent of FIE total output.

Fourthly, FIE and Export In general FIE are much more export orientated than domestic Chinese firms. A large segment (85%) of China’s industrial sector is internationalized with respect to their production change, supplies, capital and outlets in FIE processing operations (i.e. transformations of intermediates goods and components to be re-exported) (Lemoine, 2000).

In conclusion, FDI in China has played a big role and will become more and more important in the development of China’s economy.We must learn well about the knowledge of FDI in China and will benefit more from it.

What doesn’t kill you makes you stronger