The Chinese FDI development may say that it began to appear from the year 1978 , preliminarily developed in the 1990s, had a short correction after the turn of the century, then started to step onto the road of a great nation of the FDI total quantity. The United Nations Conference on Trade and Development (UNCTAD),recently issued the worldforecast report showed that up to 2008, our country FDI amounted to 92,395,000,000 US dollars in the total quantity, break the 90,000,000,000 critical junction for the first time, maintein the first place of FDI absorption country. The relation of the foreign direct and our country growth is the focal point which we pay attention to. In using the foreign capital, the question which we want to solve with emphasis is how to introduce in the foreign capital better, and let the foreign capital displaying the biggest benefit to our country growth, simultaneously use the technology containing in the foreign capital the best, ues the superiority of to raise our country industry technical level. In other words, the best using the foreign capital to develop our country economy from the quality and the quantity.The essay outlines the Chinese foreign direct ’s development process firstly, summarizes the status of using the foreign capital , from the three way of classification, the profession minute, the origin country(area) which the foreign direct investment come from, the using way of using the foreign capital, and then analyzes the condition and the primary cause of the foreign capital investment in the Chinese profession the last year.Afterward, the essay uses the method of econometrics statistical, undergoes the empirical analysis, firstly affirms the influence of the foreign direct investment to our ’s direct promotion, then empirical examins the foreign direct investment technical overflow effect and our country exists a direct proportion correlational dependence. The economic growth, the capital storage quantity, the labor force investment and the technical factor are playing the crucial role,are the Chinese economy long-term growth’s main determining factor. Unifies the above two demonstrations, the essay emphasizly analysis the s of the Chinese foreign direct investment, these factors obtains the Chinese economic growth rate, Chinese GDP per person, China’s labor force quality, the average wages per person, the foreign exchange reserve, the nominal exchange rate, and the tax revenue. They exist obvious positive and negative relations between the Chinese foreign direct investment. This conclusion has a certain significance to our economy development, the government adjust of economic strategy.Finally, according to the above empirical analysis result, proposes the personal opinion to the use of Chinese foreign direct investment, the use of foreign capital for developing economy, maintains the stability increase in aspect. The key acts is that the government accords to the characteristic of our own economic development, guides the foreign capital to invest in our country weak industry, enhances the superiority industry’s international competitiveness. The government should strengthen the foreign capital system construction and the foundational construction, build a good environment for the introduction and using of the foreign capital. We should consummate the domestic market economic system, display the function of the market’s resources deployment, emphasize free competition., adjust the strategic plan of introducting foreign capital, promot the foreign capital to make the biggest contribution to our country economic growth.
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