Li Tieli, the director of School of International Trade and Economics, made a speech titled "the Features and Trend of Guangdong's Investment Abroad". He said that the multinational companies of the developing countries were growing rapidly, most of which were from China, Brazil and India. The developing countries are relatively poor, but have a already very high degree of industrialization. They are accelerating the speed of investment abroad because of globalization. Compared with the measures of South Korea to reduce production costs, most of the Chinese investments abroad are service industry of market and natural resources. Guangdong's investments abroad and the foreign investments in Guangdong are disproportionate. The investments abroad are dependent to the world while China is the host country. But the export relies on processing industry and the foreign investment enterprises. All these impact on the investment pattern of Guangdong and result in the insufficient ability of Guangdong firms to invest abroad. The "12th Five-Year Plan" of Guangdong indicated the increase of the investments abroad. In the good condition of the global capital market, the investment of Guangdong will be possible to spread to low-cost countries in the future.
