Innovative Strategies on Improving FDI Quality in China Petrochemical Industry

As the great pillar of national economy, China petrochemical industry has played a significant role in energy exploitation and stuff manufacturing. Recently, with the FDI inflow and resource distribution all over the world, China petrochemical industry has been witnessing great opportunities and challenges. In order to enhance FDI quality in China petrochemical industry, this paper applies AHP method to analyze the essential factors influencing FDI quality in China petrochemical industry, mainly with respect to the level of FDI absorption and resulting of FDI utilization. Based on the current situation of foreign direct investment and petrochemical industry, some innovative strategies have been presented to improve FDI quality in China petrochemical industry.