The Great Demographic, Spatial, Economic, and Social Transformation
Chapter 5: Globalization, foreign direct investment, and China’s urbanization
This chapter provides an overview of current scholarship about globalization and how it has affected China’s urbanization and essential information on the volume and spatial distribution of foreign direct investment (FDI) in China over time. The following chapter discusses the closely related topics of how engagement with the world economy has contributed to the vast migration of China’s rural workforce to urban areas. Unlike most other studies of FDI, this chapter provides information on how much of China’s FDI has come from Hong Kong, Taiwan, Macao and other parts of “Greater China” and how much from more remote global sources over time. This is essential information for understanding the spatial pattern of China’s urbanization since reform and opening up and projecting the future volume and distribution of urbanization in China.
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