Ken Davies, principal administrator in the directorate for financial, fiscal and enterprise affairs at the Paris-based Organization for Economic Cooperation and Development OECD, says the best way for China to increase the amount and the quality of foreign direct investment FDI is to develop a rules-based environment in which the rule of law, individual rights and property rights are respected.
This will encourage investment and creativity, not just by foreign companies but by local ones as well, he says. He adds that when Chinese government officials ask the OECD about which of its member countries they should look to for examples, he says this is not necessary instead of booking a trip...
