investment (FDI) in Nanjing, the capital of Jiangsu Province, located in the northwest of the
Yangtze River Delta (YRD). Built on the perspective that China's economic transition can be
conceptualized as a triple process of globalization, marketization, and decentralization, this
article outlines four structural changes of the Chinese economy that are underlying the
location and networks of FDI: decentralization and the empowerment of local states …