Inclusive　green　growth　is　a　sustainable　development　mode　in　pursuit　of　economic　growth,　social　equity,　and　environmental　protection.　At　present,　a　large　number　of　articles　have　discussed　the　impact　of　foreign　direct　investment　(FDI)　on　economic　growth,　green　growth,　and　inclusive　growth.　However,　the　research　about　inclusive　green　growth　is　mainly　descriptive.　This　paper　constructs　China＇s　inclusive　green　growth　index　and　analyzes　the　impact　of　FDI　on　inclusive　green　growth　in　China.　Specifically,　by　constructing　a　super　efficiency　slacks-based　measure　model　(which　has　two　undesirable　outputs:　income　disparity　and　environmental　pollution)　to　calculate　the　Inclusive　green　growth　index,　this　paper　compares　and　analyses　the　differences　and　regional　characteristics　of　China＇s　total　factor　productivity,　inclusive　total　factor　productivity,　green　total　factor　productivity,　and　inclusive　green　total　factor　productivity.　We　find　that　total　factor　productivity　is　decreasing　after　considering　undesirable　output,　and　the　traditional　total　factor　productivity　is　higher　than　the　inclusive　green　total　factor　productivity　by　0.112;　at　the　regional　level,　the　trend　of　the　total　factor　productivity　is　gradually　decreasing　from　east　to　west,　which　indicates　that　there　are　regional　differences　in　inclusive　green　growth　of　China,　and　there　is　room　for　improvement.　Meanwhile,　we　construct　a　panel　vector　autoregressive　model　(PVAR)　and　use　generalized　impulse　response　function　and　variance　decomposition　to　analyse　the　influence　of　FDI　on　China＇s　inclusive　green　total　factor　productivity.　The　results　show　that　FDI　is　beneficial　to　the　promotion　of　inclusive　green　total　factor　productivity　in　China,　and　environmental　pollution　in　the　FDI　process　is　an　important　factor　hindering　the　inclusive　green　total　factor　productivity.　©　2018　by　the　authors.　Licensee　MDPI,　Basel,　Switzerland.　This　article　is　an　open　access　article　distributed　under　the　terms　and　conditions　of　the　Creative　Commons　Attribution　(CC　BY)　license　(http://creativecommons.org/licenses/by/4.0/).