FDI会导致我国外汇储备增加吗？

汪洋

（江西财经大学金融学院  南昌  330013）

[摘要]：近来不少学者认为FDI不仅是导致我国资本账户顺差的主要力量，同时外资企业也是我国贸易顺差的主要贡献者，并最终使得我国外汇储备迅速增加。围绕着降低外汇储备的政策选择很自然地就和调整吸引FDI政策和人民币汇率的问题联系到了一起。针对这一论断，本文通过全面分析FDI对我国外汇储备的影响，揭示外国资本通过FDI方式进入中国的原因以及中央政府应该采取的对策。

[关键词]：外汇储备     FDI       人民币汇率   

 

Will the FDI lead to the accumulation of foreign exchange reserves in China?

WANG Yang

(The School of Finance, Jiangxi University of Finance and Economics, 330013)

Abstract: The mainstream view is the foreign direct investment in China led to surplus of capital account, and the exports of foreign Investment Companies were the major parts of the current account, so the foreign exchange reserves stood at 1066.3 billion dollars at the end of 2006 and increase the appreciation of RMB exchange rate. This paper discusses the influence of FDI on the Balance of Payment in China, and puts forward the reasons that the foreign capitals entering into the China in the form of FDI, at last the paper points out the Chinese government should take the measures of control the FDI.  

Key Words: foreign exchange reserves, FDI, RMB exchange rate

JEL Classification: F21   F32 E58