Capital movement of foreign direct investment (FDI) as both a causative and consequential feature of economic globalisation has emerged as an influential factor of urban growth. It is also the main vehicle of China's global integration. However, there is a lack of knowledge about the impact of FDI on urban planning and the transformation of large cities in China and elsewhere in the world. / This research is devoted to investigating the urban impact of globalisation, focusing on impact of FDI and using Shanghai for case study. It theoretically integrated the global urban network with the theories of FDI: the 'OLI' and investment development path (IDP) and provided the first empirical insight into the intra-urban location of different forms of FDI and the way that FDI, urban planning and local social-economic factors have together reshaped the city. It advances the current understanding of the urban impact of global forces, previously confined to either the macro-economic level of a city of the micro-economic level of foreign firms, as well as the internal restructuring of China's large cities as a result of global integration. / An historical approach has been applied to discern the relationships between the political and economic context and the urban planning agenda, highlighting the features of socialist urban planning and the strategies adopted to pursue and respond to global integration. / The features that direct the location of FDI are discerned and discussed in terms of the interaction between global and local factors. The location of FDI and the consequential urban transformation of the city is graphically illustrated and discussed. Case studies explain further the interplay between FDI and urban planning as well as the consequential growth patterns. / Shanghai has changed substantially with the growing proliferation of FDI, particularly since the city has become the focus of China adopting an open door policy in the 1990s. The land market and other tertiary industries have been opened to foreign investors. The mega FDI-oriented planning project of Pudong has also been undertaken. The role of FDI as both a developer and consumer has been very influential in directing the physical growth, breaking with previous patterns established by centralised control. The location of service FDI has been shaped by the market and has dramatically concentrated on the inner city. Manufacturing FDI, facilitated by preferential policies, has focused on suburban industrial parks designated by governments. / With the differential concentration of FDI in different areas, the socialist effort to homogenise the social and spatial arrangement of the inner city has been disrupted. The Comprehensive Metropolitan Plan for the city's development between 1982 and 2000 was undermined by conflicting interests between different levels of governments, particularly local government eager for foreign investment. The old CBD, the new planned regions facilitated by preferential policies and areas to facilitate FDI in the inner city have emerged as office centres both to extend China's global links and to cater to foreign interests. In doing so, planning proposals in these regions have often been undermined. The suburbs have been industrialised by increasing foreign and domestic manufacturing activities. The previous expansion of urban districts has replaced by the designation of Special Economic Zone with planned FDI-oriented themed parks in Pudong and newly designated urban districts scattered with industrial parks. / Foreign development interests have often called the tune in the transformation of the city. While foreign investors have sought certainty under the urban planning regime, planning itself has been undermined. Planning innovations have been implemented only to the extent that they are congruent with interests of FDI. The harmonising of global and local interests has become the main objective of urban planning into an increasingly invidious position, as it has more and more been called upon to support development interests of global sectors while remaining a legitimate force in the shaping of the city. / Thesis (PhD)--University of South Australia, 2003.
Identifer | oai:union.ndltd.org:ADTP/267693 |
Creators | Wu, Jiaping |
Source Sets | Australiasian Digital Theses Program |
Language | English |
Detected Language | English |
Rights | copyright under review |
Page generated in 0.0013 seconds