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| The Strategic Synergy between Foreign Economic Zones and Foreign Aid of China |
| Chinese Academy of International Trade and Economic Cooperation, MOFCOM |
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Abstract Along with the transformation of international order and the improvement of China’s international influence, China is charged with more and more international responsibility. Foreign Economic Zones (FEZs) and Foreign Aid are becoming important measures under “going global strategy”. But for lack of strategic thinking, FEZs and Foreign Aid exist some key problems which are not able to effectively protect China’s overseas interests. These problems are mainly related to wasting overseas investment resources, insufficient effectiveness, and negative public opinion. At the same time, the international situation is becoming increasingly complicated, and is driving deep macro⁃coordination requirement between international obligation and national development for Chinese government. However, non⁃consideration of strategic synergy between FEZs and foreign aid, not only impede the further development of FEZs and foreign aid, but weaken their functions in foreign relationships. Based on present try situation, and considering their strategic overflow effects, suggestion provided is that FEZs and foreign aid could further expand national interests through enhancing strategic coordinations of resource utilization, action development and mechanism formulation.
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