Scientific Journal of KubSAU

In the article the investment policy pursued in China, defining high rates of economic growth and social changes in the country is considered. It is proved that the investment policy of China was directed to inflow of volumes of foreign investments which create benefit for export growth, modernization of technologies and skills, without negative consequences. As on the volume of foreign investments China takes the leading positions, the main reasons for appeal of this country for foreign investors are considered. Dynamics of volume changes of foreign investments of China is traced, changes of volumes of the Russian investments into the Chinese economy are compared. Positive and negative sides of investment policy of China are shown. In the article three key sectors of economy in China in which foreign investments are encouraged are described. The first sector of economy will promote increase in export subsequently. The second sector is earlier limited or closed sectors of economy, investments into which began to be encouraged since 2005 in connection with the entry of China into the WTO. And as the last key sector of the economy in China expensive energy, infrastructure and ecological projects are selected. Primary branches of the Russian-Chinese bilateral investment cooperation are considered. The examples for improvement of the investment policy of Russia followed from experience of investment policy of China are given