A Brief of China’s OFDI in African Countries
- 1 School of Economics and Management, Beijing Institute of Petrochemical Technology, Beijing, China
- 2 School of Economics and Management, Beijing Institute of Petrochemical Technology, Beijing, China
Abstract
China has established good relations with African countries since the 1950s. In recent years, the investment enthusiasm in Africa has increased steadily in China. The research investigated the investment practice of China in African countries since the reform and opening, presented a general picture of Chinese FDI in African, and identified the status quo of Chinese investment from the perspective of investment volume, country distribution, industry distribution, and market maturity. Issues in policy support system, legal protection system, investment environment investigation, and operation mode are identified and analyzed, based on which corresponding countermeasures are proposed.
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