ֻ18जֻ2௹ ֹ ॓ ࿐ ୍4ᄅ SCIENTIAGEOGRAPHICASINICA Apr.,1998ຓഅᆰࢤሧሧࣁ൧ӆֹ֥თࢲܒ࣮ 焦华富(Кࣘն࿐Ӭ൧აߌ࿐༢ Кࣘ 100871)ิ ေ ӂඍਔݓ࠽ؓຓᆰࢤሧ֥ࠎЧྙ൝ބݓ૫ਢ֥็ᅞ,௩༅ਔؓᆰࢤሧ֥ሧࣁ൧ӆֹთࢲܒགྷሑބэ߄หׄ,ᆌؓሧࣁ൧ӆֹთࢲܒ෮ႄؿ֥໙ีิԛਔࠎЧؓҦbܱՍ ຓഅᆰࢤሧ ሧࣁ൧ӆ ֹთࢲܒٳোݼ F 1995୍ᇏݓଽ(ၛ༯नᆷᇏݓଽ)ࢤ൳ਔটሱ170؟۱ݓࡅބֹ֥ൌ࠽ᆰࢤሧၡૅჭ(ݣఃሧၡૅჭ,༯),ఃᇏ73%টሱၛۖϏaູᇶุ֥ᇛшֹbႮႿۖϏaֹაଽ۲സᄝֹჸa࿓ჸބ໓߄֩ٚ૫֥৳༢ૡ్ӱ؇҂,Ֆط֝ᇁሧֹთٳ҃ޓ҂ޙ[1]bൈ,ၹሧࣁটჷֹሱദఒြܿଆaӁြࢲܒބඌҪՑ෮ཋ,႕ཙਔ෮ሧఒြؿߨܿଆིၭބӁြࢲܒaඌࢲܒ֥ۚࠩ߄ࣉӱbႄ֝ཟ,Ⴊ߄ࢲܒ,ิۚ০Ⴈຓሧඣ,ၘႄఏਔݓࡅ֥ᇗ൪[2]b1 90୍սݓ࠽ؓຓᆰࢤሧ֥ࠎЧྙ൝ ؿղݓࡅؓຓᆰࢤሧሼԛ֮ܡ90୍սԚ,༆ٚؿղݓࡅࣜ࠶ԛགྷක,႕ཙਔᆜ۱ൗࢸؓຓᆰࢤሧ֥ܿଆb1990୍Էᄯؓຓᆰࢤሧ֥ቋۚ࠺ၛ,ު1991a1992৵࿃ਆ୍߁b1993୍,ުෛሢᇶေؿղݓࡅࣜ࠶֥ݺሇ,ؓຓᆰࢤሧሼԛਔ֮ܡ(і1)b і1 ᇶေؿղݓࡅؓຓᆰࢤሧحэ߄౦ঃ(10ၡૅჭ)Table1 Trendofdirectinvestmentofprimarydevelopedcountries(billionUS$)1989୍1990୍1991୍1992୍1993୍1994୍ࣁحϤٳбࣁحϤٳбࣁحϤٳбࣁحϤٳбࣁحϤٳбࣁحϤٳбૅ ݓ26 ႇ ݓم ݓ֣ ݓರ Чݓކ࠹ൗࢸކ࠹218100243100199100191100222100222100 ሧਘটჷ:৳ކݓસؿ߶ၰॴݓ܄ඳაሧ܄ඳ. 1995୍ൗࢸሧБ ۡ Ч໓֤֞ਔ֝ഽޱᅸਈ࢝൱֥ᆷ֝,ࣈᇁ྆ၩ;ऌ ཐۖϤ ี(ᇏݓᇏန൪ݚຓᇏྏྍ໔҆щ,੪Ⴓ࢝ტԛϱഠ), ࣴ ᆭު,ཐۖؓଽֹ֥ሧ,ಯႋ൪ቔຓഅሧؓրbֻ၂ቔᆀࡥࢺ:ࢊڶ,ଳ,1962୍ള,ࢃഽ,གྷູКࣘն࿐Ӭ൧აߌ࿐༢ದ໓ֹህြѰൖളb൬۠ರ௹:1997-01-21;ڿ߭ರ௹:1997-08-25
2௹ ࢊڶ:ຓഅᆰࢤሧሧࣁ൧ӆֹ֥თࢲܒ࣮ 10 ؿᅚᇏݓࡅބֹؓຓᆰࢤሧᄹӉࢠॹၛתaתଲູսі֥ؿᅚᇏݓࡅބֹ,60୍սၛটࣜ࠶ࠆ֤ਔӻ࿃ۚᄹӉ,ؓຓᆰࢤሧᄹӉ္ࢠॹbऌ৳ކݓყ࠹,1994୍ؿᅚᇏݓࡅؓຓᆰࢤሧحղ֞ၡૅჭ,ఃᇏ%টሱᇝ,ঘנૅᇝᅝ%,٤ᇝބնလᇝᅝ%bཐۖ1994୍ؓຓᆰࢤሧحၡૅჭ,ᅝᆜ۱ؿᅚᇏݓࡅބֹؓຓᆰࢤሧሹح֥%b1990~1994୍ؿᅚᇏݓࡅބֹؓຓᆰࢤሧሹح୍नᄹӉੱູ% ֹ֥ଽཌྷሧࠃᄁࣜކቆᆮ(APEC)֥Ӯ৫,Ⴕ৯ֹਔଽસၞބሧሱႮ߄ࣉӱ,ଽસၞބሧສটರࠃᄁbૅݓބರЧູAPEC֥ᇗေӮჴ,Ⴛ൞ؓຓሧնݓ,ሱಖࡼሧᇗׄᇯ҄ሇཟთଽ҆bෛሢૅݓࣜ࠶֥گ්,ؓຓᆰࢤሧ҂؎ᄹࡆ,1993୍ղ֞690ၡૅჭ,Ӯູൗࢸݼؓຓሧնݓbູਔൌགྷఃၛֹູൌീಆ౯ᅞ֥৫ቀׄބԛؿ֥ׄܒམ[3],൝сေ๙ݖࡆ఼સၞބሧটಆ૫ҕაࣜ࠶ކቔb1994୍ರЧؓຓሧ္षԛགྷ߭ശ,ෛሢࣜ࠶֥ݺሇ,ࡆഈರჭശᆴބસၞඨҵࡆն֥৯,ರЧࡼ߶ࡆնֹ֥ؓሧ৯؇bתބתଲ҆ٳྍྖ۽ြ߄ݓࡅބֹࣜ࠶֥ۚᄹӉ,္նږ؇ᄹࡆਔؓຓሧ֥ඔਈb1994୍ࣜކቆᆮӮჴؓଽᆰࢤሧحູ982ၡૅჭ,ᅝൗࢸሹሧح֥%[4]bᇏݓଽ൞APECӮჴؓଽᆰࢤሧ֥ቋն൳ሧ,ֹ1994୍൳ሧحູ306ၡૅჭ,ᅝݓ་൬ຓሧሹބ֥%bՖሧࣁ܂۳֥࢘؇ট,ुݓ࠽ؓຓᆰࢤሧ֥ࠎЧྙ൝ؓᇏݓ൞Ⴕ০֥bՖሧࣁླ֥࢘؇টٳ༅,ݓࡼ૫ਢ็ᅞބࣩᆚ,ᆃᇕࣩᆚᇶေটሱֹଽ҆b൮༵,ၹֹࣜ࠶ॹᄹӉ,ሧࣁླնᄹ,ၛᇁԛགྷሧࣁ܂҂ႋ֥अ૫;ఃՑ,תૐࠣଲᇛшݓࡅ,ೂᄀଲaໝaႆୄaႆ؇aϘࠎථฌ֩ݓູਔ་ႄຓݓᆰࢤሧ,ٴٴԛᇙ؟֥Ⴊ߲ᆟҦb1986୍ᄀଲ܋Ӂֻ֔ੂՑսіն߶ၛ,ުषᆳྛڿ۪ष٢֥ྍᆟҦ;1987୍ᄀଲݓ߶๙ݖਔ֒ൈФӫ ູתଲቋႪ߲ ֥ຓݓሧم,ѩႿ1990a1992୍ਆՑࣉྛਔྩڿބҀԉ,ᄀଲᆞӮູൗࢸሧЧ൧ӆ,หљ൞ರЧሧЧܱᇿ֥ྍಣׄb2 ᆰࢤሧሧࣁ൧ӆֹ֥თࢲܒหׄݓགྷၘྙӮਔႮ҂ֹთa҂ܿଆa҂ࣜ࠶ؿᅚඣa҂ඌҪՑ֥ሧࣁ൧ӆ෮ቆӮ֥൧ӆุ༢(і2),Ֆֹთഈٳ༅,ऎႵնཁᇷห:ׄ ࣍თྟ࣍თྟ൞ᆷᇏݓଽ෮ࢤ൳֥ᆰࢤሧᇶေটሱֹთഈაᆭ࣍ਣ֥ᇛшݓࡅބֹb1995୍ۖϏaຖaರЧaྍࡆaݢݓaݓaઔট༆֩ᇛшݓࡅބֹটᆰࢤሧحᅝሹሧح֥%,࣍თྟٳૼཁbऌؓཐۖᄝᇏݓଽሧఒြ֥໙जטҰ,ཐۖ۽ြ܄ඳԚሧ໊෮ॉ੮֥൮ေၹࣼ൞ ࢤ࣍ཐۖ [5]b࣍თྟ֥э߄หׄರૼཁbᇛшݓࡅބֹᄝஆభ12໊֥ሧࣁ൧ӆᇏ,෮ᅝ༜໊Ֆ1983୍֥2۱ᄹࡆ֞1995୍֥6۱bሧࣁ܊ངੱ္Ֆ1983୍֥%ഈശ֞1995୍֥%b80୍սު௹ၛট,ᇏݓଽაᇛшݓࡅބֹ֥චшܱ༢҂؎ڿ,1990୍10ᄅაྍࡆࡹ৫ਔຓࢌܱ༢;1992୍8ᄅᇏݢࡹࢌ;1988୍ϯ҃ਔ ܝৣຖІሧܿק ,1994୍Ⴛ๙ݖਔ ᇏದ܋ބݓຖሧЌم ,ഈඍईծႵ৯ֹਔᇛшֹটሧbᇝ ඹཬ ሱദࣜ࠶֥ؿᅚؓӁြࢲܒ֥טᆜ္ิԛਔေ,ૌሱദ൧ӆ
1 08 ֹ ॓ ࿐ 18जі2 টᆰࢤሧሧࣁ൧ӆֹთࢲܒ*Table2 TheregionalstructureofcapitalmarketofdirectinvestmenttoChina(mainland)1983୍1987୍໊ݓࡅࠇֹࣁح(ຣૅჭ)бᇗ(%)໊ݓࡅࠇֹࣁح(ຣૅჭ)бᇗ(%)1ۖ Ϗۖ Ϗರ Чૅ ݓૅ ݓರ Чم ݓྍࡆб০ൈၩն০৳Ϲ֣ݓѯ ধၩն০ೋ ൖႇ ݓم ݓೋ ׅ৳Ϲ֣ݓϏն০ႇ ݓࡆଦնࡆଦնօ ચ ݓః ః ୍1995୍໊ݓࡅࠇֹࣁح(ຣૅჭ)бᇗ(%)໊ݓࡅࠇֹࣁح(ຣૅჭ)бᇗ(%)1ۖ Ϗۖ Ϗರ Чರ Чૅ ݓ ຖ֣ ݓૅ ݓྍࡆྍࡆၩն০ݢ ݓႇ ݓႇ ݓ ݓ֣ ݓϏն০ ݓೋ ൖم ݓم ݓၩն০ࡆଦնઔট༆ః ః * 1983a1987a1991୍ඔሳ 1979~1991ᇏݓؓຓࣜ࠶࠹նಆ ;1995୍ඔሳ1996୍ ᇏݓ࠹୍ ༮ཬ,ሱಖሧჷك,ಌكࣉྛӁြࢲܒሱᇗቆ֥ି৯,ᆺି০Ⴈݓ࠽Ӂြࢲܒᇗቆ֥ࠏ߶طࣉྛष٢Ӂြࢲܒᇗቆ[3];ൈ,ၹস৯ӮЧഈശaࠊлശᆴ,აᇏݓնཌྷб,সૡࠢӁြാಀਔбࢠႪ൝,Ⴟ൞ᇯ҄ཟᇏݓଽሇ၍ ҪՑྟՖ۲൧ӆ֥ሧࣁ܊ངੱaֹ໊ᇂaሱദࣜ࠶ؿᅚඣ֩ᆷѓটޙਈ,টᆰࢤሧ֥ሧࣁ൧ӆֹთࢲܒႵૼཁ֥ҪՑྟbЧ໓ၛ۲ᇶေሧࣁ൧ӆ֥ࠒሧࣁ܊ངੱູᇶေ߃ٳᆷѓ(і3),ѩࢲކֹჸܱ༢ބࣜ࠶ؿᅚඣ,ࡼটᆰࢤሧ֥ᇶေሧࣁ൧ӆ߃ٳູඹ۱ҪՑ:ֻ၂ҪՑູᇶ֝൧ӆ,ႮۖϏֹቆӮbᆃ၂൧ӆ֥ࠒሧࣁ܊ངੱۚղ%,ؓಆݓႄࣉᆰࢤሧ֥ྙ൝ऎႵथקྟ֥႕ཙbֻؽҪՑູڣᇹ൧ӆ,ЇওૅݓބರЧ,ھ൧ӆটሧఏ҄ᄪ,ࠒሧࣁ܊ངੱ໊ंֻؽ,൞ᇶ֝൧ӆ֥ႵིҀԉbֻҪՑູྍྖ൧ӆ,Їওຖaྍࡆaݢݓaݓaઔ༆ֹ֩,ھ൧ӆ֥ሧఏ҄ࢠພ,1992୍ၛభ֥ሧࣁ܊ངੱ၂ᆰቋ֮,1992୍ުၹຖሧЧषնਈᇿೆ,܊ངੱิ(ۚ1)bֻඹ
2௹ ࢊڶ:ຓഅᆰࢤሧሧࣁ൧ӆֹ֥თࢲܒ࣮ 10 9ҪՑູࠏ߶൧ӆ,Ⴎႇݓa֣ݓaࡆଦնaၩն০aمݓaϏն০֩ؿղݓࡅܒӮ,ھ൧ӆ֥ࠒሧࣁ܊ངੱቋ֮,ѩ҂୍ٺ֥܊ངੱѯቋཬb і3 1983~1995୍ᇶေሧࣁ൧ӆࠒሧࣁ܊ངੱ*(ၡૅჭ)Table3 Thecontributaryrateofaccumulatedcapitalofmaincapitalmarketsin1983-1995ݓ ࡅࠇֹۖϏರЧૅݓຖྍࡆݢݓႇݓ֣ݓݓمݓၩն০Ϗն০ࡆଦնઔট༆ ࠒሧح܊ངੱ(%60.) * ऌ 1979~1991ᇏݓؓຓࣜ࠶࠹նಆ ބ ᇏݓ࠹୍ Ⴕܱሧਘᆜ1 ᇶေሧࣁ൧ӆ܊ངੱ֥э߄ݖӱ ThedynamictrendsofcontributaryrateofmaincapitalmarketsՖ1ॖुԛᇶေሧࣁ൧ӆҪՑࢲܒ֥э߄หׄbᇶ֝൧ӆ֥ཌྷֹ໊ؓЌӻ҂э,طྍྖ൧ӆ֥ሧࣁ܊ངੱՖ1992୍षӑݖࠏ߶൧ӆބڣᇹ൧ӆb1992୍ၛభ,҂ҪՑ൧ӆ֥ሧࣁ܊ངੱӯܿੰ֥ѯb1992୍ၛট,۲ሧࣁ൧ӆ֥܊ངੱྙӮਔ໗ק֥э߄൝,ᇶ֝൧ӆ֥܊ངੱӻ࿃༯ࢆ,طڣᇹ൧ӆaྍྖ൧ӆބࠏ߶൧ӆ֥܊ངੱӻ࿃ഈശ ࠢᇏྟၛ۲ֹ෮ิ܂֥ሧࣁحটޙਈሧࣁ൧ӆֹ֥თࢲܒ,ᄵཁൕԛޓ఼֥ࠢᇏྟbஆభ6໊֥ݓࡅބֹ֥ሧࣁᅝಆ҆ᆰࢤሧ֥%,ఃݓࡅބֹ෮ิ܂֥ሧࣁࣇᅝ%bູਔିקਈޙਈሧࣁ൧ӆֹთٳ֥҃ࠢᇏӱ؇,Ч໓࠹ෘਔሧࣁটჷ൧ӆֹ֥ࠢᇏᆷඔ(G),࠹ෘ܄ൔູ:nXiG=100 2() (i=1,2,3,...n)i=1Tൔᇏ Xiֻູi۱ሧࣁটჷֹ෮ิ܂֥ࣁح;Tູ൳ሧֹࢤ൳֥ሧሹح;nູሧࣁটჷֹ۱ඔb
1 10 ֹ ॓ ࿐ 18जሧࣁ൧ӆ۱ඔᄀഒ,ሧࣁٳ҃ᄀࠢᇏ,Gᆴᄀ࣍100;Gᆴᄀཬ,іൕሧࣁ൧ӆᄀٳb1995୍֥টሧ֥ሧࣁ൧ӆֹࠢᇏᆷඔູ,ࠢᇏӱ؇ࢠۚbቔᆀ࠹ෘਔ1983~1995୍টᆰࢤሧሧࣁ൧ӆֹ֥ࠢᇏᆷඔ,ࢲݔཁൕGᆴӯ M ྙѯ(2)bྙӮѯ֥ჰၹ൞۲ሧࣁ൧ӆ֥܊ངੱෛൈࡗطэ߄,܊ངੱᄀն֥൧ӆ,ؓGᆴ֥႕ཙ္ᄀնb০Ⴈ1983~1995୍ᇶ֝൧ӆ֥ሧࣁ܊ངੱა௹֥Gᆴࣉྛཌྷܱٳ༅,෮֤֥֞ཌྷܱ༢ඔູ,ؽᆀႵޓ֥ۚཌྷܱྟbၹՎ,ෛሢᇶ֝൧ӆ֥ሧࣁ܊ངੱ༯ࢆ,ሧࣁ൧ӆֹ֥ࠢᇏᆷඔ္߶༯ࢆb2 টᆰࢤሧሧࣁ൧ӆֹࠢᇏᆷඔэ߄ ThechangeofgeographicconcentrationindexofFDI scapitalmarkets3 ሧࣁটჷ൧ӆֹთࢲܒႄؿ֥໙ีࠣؓҦটᆰࢤሧ֥ሧࣁ൧ӆֹთࢲܒห֥ׄྙӮႵग़ܴჰၹ,གྷթֹ֥თࢲܒ္ႄؿਔ၂ུ໙ีb൮༵,ሧࣁটჷ൧ӆֹࠢᇏӱ؇ࢠ,ۚ֝ᇁؓഒඔ൧ӆ֥၇ঠӱ؇ิۚ,ሧࣁ܂۳֥໗קྟ༯ࢆ,၂֊ᆃུ൧ӆሱദࣜ࠶ࠇؓຓሧᆟҦaொݺؿളэ߄,сಖ֝ᇁሧࣁ܂۳֥ࢠնѯ;ൈ,ၹᇶေሧࣁটჷ൧ӆؓᇏݓଽ֥ሧऎႵ҂ֹ֥თౠཟ[5],Ⴍః൞ۖaϏaֹაתଲခݚֹႵሢห൹ֹ֥ჸa࿓ჸaൎa໓߄ٚ૫֥৳༢,ሧᇶေࠢᇏႿܼת(ݣݚଲ)aڞࡹaࡾ්aഈݚ֩സbၹՎ,ሧࣁটჷֹ֥ࠢᇏӮູ֝ᇁᇏݓଽ൳ሧസݖٳࠢᇏခݚ֥၂۱ᇗေჰၹb1995୍ခݚֹջᆰࢤሧࣁحᅝಆݓ֥%bఃՑ,ႄࣉඌ֥ҪՑࢠ֮bႮႿႄࣉ֥ᆰࢤሧधն҆ٳটჷႿᇛш֥ؿᅚᇏݓࡅބֹ,൳টჷֹሱദࣜ࠶ඌඣaӁြࢲܒҪՑࠣఃטᆜཟބ൳ሧֹ֥ሧߌ֩ၹ֥႕ཙ,ႄࣉ֥ඌҪՑ҂ۚbՖളӁေݣਈु,ၛসૡࠢӁြູᇶbݢݓؓᇏݓሧ֥60%ၛഈࠢᇏᄝসૡࠢྛြ[7],അሧ֥ఒြֹ؟ࠢᇏᄝসૡࠢྛြ[8]bऌ ਔຬᇛ़ ഠ֩ֆ໊ईϷ֥ۖϏఒြ౦ঃ໙जטҰ֥ࢲݔ[9],ФטҰ֥ܲჴᄝ߭ճۖϏሧֹؓ֒ᆟکֻ֥၂ᇗေྟൈ,ᆺႵ11%֥ದ߭ճ൞༵ࣉ֥ඌഡСٚ૫֥൳ၭ;9%֥ದ߭ճᄝӁڿࣉބषؿഈ൳ၭ;طႵ37%֥ದ߭ճᄝܵഈ൳ၭbֻ,҂০ႿఒြྙӮܿଆࣜ࠶bۖϏഅሧఒြ֥ܿଆொཬ,Ⴍః൞ሧఒြ(і4)bটնሧ֥ۖϏaഅ؟ູᇏཬఒြࡅބഅದ,۱ದሧЧиࣨႵཋ,ࡆഈሧ֥ྛြ؟ࠢᇏᄝসૡࠢӁြ,ఒြ֥नሧܿଆࢠཬ,ၛྙӮࢠ఼֥ݓ࠽ࣩᆚ৯,طିڎྙӮݓ࠽ࣩᆚ৯൞ޙਈຓഅᆰࢤሧؓ၂ݓࣜ࠶႕ཙ֥ᇶေᆷѓᆭ၂[10]b
2௹ ࢊڶ:ຓഅᆰࢤሧሧࣁ൧ӆֹ֥თࢲܒ࣮ 11 1 ڿሧࣁটჷ൧ӆֹთࢲܒ൞ࢳथഈඍі4 ҆ٳݓࡅބֹሧఒြ֥ܿଆбࢠ*໙ี֥ࠎЧࣥᆭ၂Table4 Comparisonofthesizeofcapital,ऎุؓҦೂ༯:enterprisesamongcountriesandregions (ຣૅჭ) ໗קᇶ֝൧ӆۖϏֹಯࡼ൞ᇏݓଽᇶေሧࣁটჷݓࡅࠇֹ1995୍ଌनሧनຓٚఒြඔሹحᇿҨሧࣁ,ֹᆃ൞ඨӮᅣᆭ൙b࿃ܝৣۖϏഅটۖ Ϗᇏݓଽሧ,໗קᇶ֝൧ӆ,ॖၛЌӻݓ ຖૅ ݓႄሧሹਈ֥໗קᄹӉb1997୍7ᄅ1ರ,ཐರ Чۖඨ০݂߭ቃݓ,ཐۖაቃݓଽࡗ֥ࣜྍࡆ࠶৳༢۷ࡆࣅૡ,ۖದؓሧଽ֥ྐྏࣉݢ ݓႇ ݓ၂҄ᄹ఼bॖၛყ࠹֣ ݓ,ࣂުۖሧ֥धؓඔਈ߶ࣉ၂҄ᄹӉ,ൈ,ᄝݓࡅຓሧᆟҦ֥ႄ֝ ݓࡆଦն༯,ఃሧఒြ֥ܿଆބඌҪՑ္߶ᇯ҄ၩն০ഈശbઔট༆م ݓ ᇗׄषຉڣᇹ൧ӆϏն০षຉૅݓaರЧ൧ӆؓڿݓຓሧট* ऌ ᇏݓ࠹୍ ބ 1995۽അྛᆟܵ࠹߸щ ჷࢲܒऎႵٳᇗေ֥ၩၬbૅaರਆݓनᆜ൞ؓຓᆰࢤሧնݓ,္൞ඌնݓ,ളӁඌބܵඣंൗࢸభਙ,ႚႵᇙ؟֥ൌ৯ྦި֥նॴݓ܄ඳbቔູAPEC֥Ӯჴݓ,ਆݓၘࡼؓຓᆰࢤሧ֥ᇗׄሇཟਔֹ,1994୍ૅݓؓຓᆰࢤሧح֥%aರЧ֥95%नੀཟਔֹ,ఃᇏ֥%ބ%ཟਔᇏݓଽbਆݓؓຓሧྙൔᆞཟն߄aࠢ߄ٚཟؿᅚbؓຓሧ֥ࢲܒՖၛসૡࠢӁြູᇶᇯ҄ཟሧЧaඌૡູࠢᇶሇߐ[11],ᆃུژކݓ֥ຓሧᆟҦބࣜ࠶ؿᅚ֥ླေ ࠒࠞႄ֝ྍྖ൧ӆ1992୍ྍྖ൧ӆ֥ሧࣁ܊ངੱӑݖਔڣᇹ൧ӆ,ѩᄹӉ؇ޓॹbࠒࠞषؿྍྖ൧ӆ,ؓ՜ࣉݓຓሧሹਈ֥ᄹӉऎႵ၂קၩၬbಖط,ᄝषؿھ൧ӆ֥ൈ,ࡆ఼ؓఃሧఒြ֥ܿଆࢲܒބඌҪՑࣉྛࠒࠞႄ֝ބൡ֒࿊ᄴ,ᆃؓڿݓຓሧটჷ൧ӆֹთࢲܒ,ิۚಆݓ০Ⴈຓሧඣ൞сေ֥,Ⴍః൞ሧބݢሧఒြbຖ֒अؓഅሧᇏݓଽႵᇕᇕཋᇅ,ೂሧ100ຣૅჭၛഈᆀ,ླࣜᄝֹֻषഡሰ܄ඳ;ৢ॥ᇅሧЧބඌૡ֥ࠢնఒြሧն;҂۳Ⴭ๙߸ь০֩[8],ሧఒြ֥नܿଆཬ,ඌݣਈࢠ֮b1995୍֥ሧਘཁൕ,ᄝᇶေሧࣁ൧ӆᇏ,ሧఒြ֥नሧሹحބຓٚᇿҨሧࣁन൞ቋཬ֥bݢሧఒြࠒሧܿଆࣇնႿሧఒြ,ं֚ඔֻؽ໊;ࢩᆸ1995୍2ᄅଌ,ݢݓᄝᇅᄯြࠒሧحᇏ֥%ູልaࣁඋࡆ۽a༸ົaڛልaႂਘaൊaཷোa۪֩ඌݣਈࢠ֥֮ྛြ[7] ୭৯ఓࠏ߶൧ӆႮႇa֣aمaࡆaၩaϏ֩ؿղݓࡅቆӮ֥ࠏ߶൧ӆ൞ൗࢸᇗေؓຓᆰࢤሧֹ,টሧࢠഒ,1995୍6ݓটሧحࣇᅝಆݓ་ႄຓሧሹح֥%bࠏ߶൧ӆ؟ඔݓࡅটሧఒြ֥ܿଆࢠն(і4),ඌݣਈཌྷؓࢠۚbᄯӮࠏ߶൧ӆ֥ཌྷؓٺحࢠഒ֥ჰၹ൞؟ٚ૫,֥ᆃ၂൧ӆֹთഈჹᇏݓ,໓߄Мࣟҵၳޓն;ᇝ၂ն൧ӆ֥ྙӮ,՜ࣉ
1 12 ֹ ॓ ࿐ 18जਔთଽ֥ཌྷસၞބሧ;ಌكؓᇏݓሧߌބᆟҦ֥ധೆਔࢳ္൞၂۱ᇗေჰၹbၹՎ,ᄝ҂؎ڿݓ֥ሧߌ֥ൈ,ႋࡆնؓࠏ߶൧ӆ֥࿆Ԯ৯؇,ᄹࣉૌؓᇏݓ֥ಪ,്ᄹ఼টሧ֥ྐྏbҕॉ໓ང1 ݓࡅ࠹ؓຓࣜ࠶࣮෮ज़ีቆ.ᇏݓ০Ⴈຓഅᆰࢤሧ໙ี࣮(ഈ).ܵൗࢸ,1996,(2):46~542 ᇏದ܋ބݓݓࣜ࠶ބഠ߶ؿᅚ ࣴ ࠹߃ބ2010୍ჹࣟଢѓ۔ေ.Кࣘ:ದԛϱഠ,~1163 ৵ ,֩.൫༅ᇏݓᄝֹݓ࠽ᆰࢤሧᇏֹ໊֥.ൗࢸࣜ࠶࣮,1996,(3):50~534 ਾӄ,֩.90୍սభ϶௹ൗࢸᆰࢤሧ֥߭ܤ.ൗࢸࣜ࠶,1996,(8):44~485 ཬࡹ.ཐۖؓնሧ໊֥э߄ა܄ඳॢࡗྛ.ֹູ࿐Б,1996,51(3):213~2236 ޱᅸਈ,֩.ष٢ު֥ᇏݓ.Кࣘ:ᇏݓߌ॓࿐ԛϱഠ,~477 Ϣӵྼ(ݢ).ݢݓఒြؓᇏݓሧ౦ঃֹࠣ֒߄໙.ีࣜ࠶॓࿐,1996,(3):44~488 ߛνჅ.അሧն֥ၹࠣགྷሑ௩༅.ࣜ࠶॓࿐,1996,(3):40~439 ზ,֩.ۖϏఒြሧ౦ঃ໙जטҰࢲݔࢣཫ(ᅋေ).ᇏݓຓሧ,1995,(12):50~5110 ჿݩ ֬ୡ.ᇗܙຓݓᆰࢤሧ֥০ၭ.ܵൗࢸ,1994,(1):158~16211 ϢӮᠱ.ંರЧؓתᆰࢤሧ֥ྍࢨ؍.ܵൗࢸ,1996,(3):52~55STUDYONTHEREGIONALSTRUCTUREOFCAPITALMARKETOFFOREIGNDIRECTINVESTMENTINMAINLANDCHINAJiaoHuafu(DepartmentofGeography,PekingUniversity,Beijing100871)ABSTRACTSinceChina sreformandopen-door,thecountriesandregionsofdirectinvestmentinChina(mainland),theamountofforeigndirectinvestment(FDI)$,,,from1991to1994,%.:(1)ThemostofFDIwasfromthenearcountriesandregions,HongKong-Macao,Taiwan,Japan,SouthKorea,%oftheamountofFDIin1995.(2)OnlyseveralcountriesandregionsprovidedmostofFDIinChina.(3)Accordingtothecontributoryrate,themaincapitalmarketofFDIinChinacouldbedividedintofourclasses,includingtheguidingmarket,subsidiarymarket,newanddevelopingmarket,,:(1)tokeeptheguidingmarketstable,(2)toreclaimchieflythesubsidiarymarket,(3)toguideactivelythenewanddevelopingmarket,(4):Foreigndirectinvestment(FDI);Capitalmarket;Regionalstructure