Research On Foreign Direct Investment Of Chinese Enterprises Among The "Going Out" Strategy

As a new strategic proposition to china economy ——"Going out" strategy has become an important topic for discussion to academia and government in china. Up to now, on the matter of the "Going out" strategy, there exist three different views among some professional professors. Some experts consider that "Going out" strategy equates FDI; some experts consider that "Going out" strategy is comprehensive. It includes commodity export, international service trade, international technical trade and FDI; some experts think that "Going out" strategy includes commodity export and capital output, however, capital output is main content namely FDI. Our view is that "Going out" strategy has two contents, one is FDI, the other is multinational operation. Generally speaking, FDI is a precondition to multinational operation, multinational operation is a base to FDI. Two aspects supplement each other. Therefore, FDI is the basic clue for judging of the course of "Going out" strategy. At present, the scale of FDI in China is still on the small side. How to effectively enlarge the scale and enhance the lucre of FDI in China is a strategic mission no time to delay under the condition that fostering and enhancing the international competition strength of enterprises in China. This paper follows such a logic thread, that is, in order to educe central thesis—FDI is the most important composing part. Firstly, point out the meaning and form process of "Going out" strategy. And then, this paper discusses theories, status quo about FDI under "Going out" strategy background. Finally, analyzes and discusses about some problems which enterprise and government should solve. And puts up some strategic approaches that how to increase lucre in FDI. The research method of this paper includes comparative analysis, exemplification, induction, data Stat and literature summarization. In the structural arrangement, the thesis is divided into four parts altogether: First part: Summarize literatures on FDI at home and abroad. FDI theory has two sorts, one is classical, the other is about the developing country. As we all know, China belongs the developing country, so we should research and utilize the latter one. Some Chinese scholars combine factual condition in China and absorb foreign theoretic fruits (specially on developing country) to make out a few of theoretic innovation that guide and promote FDI in our country. The second part: Analyzing the status quo of the FDI in our country. Due to FDI in our country is primary phase, there still exists some problems, including the relative concentrated investment position, the small scale of investment, the single investment modality, the limited operation range etc. However, FDI is a trenchancy lever to adjust economy structure and to upgrade industry, an effective approach to evade international trade rampart and to avoid anti-dumping, a shortcut to obtain advanced technology overseas. Therefore, enlarge the scale of FDI in our country is imperative under the situation. The third part: SWOT analysis about enlarging the scale of FDI in our country. Enterprises must soberly understand advantage, disadvantage, opportunity and challenge about FDI. Enterprise should exert the use of overseas Chinese, traditional products and mature technology etc; overcome the lack of the person with ability to multinational operation and the clear FDI strategy etc; catch hold of the opportunity to economy globalization and China entry into WTO etc; envisage investment risks and enterprise credit risk etc. Only in this way, can enterprises exist and develop among the intense competition in the international market. The fourth part: Countermeasures and advices on improving FDI of enterprises in our country. This part is the pivot of this paper. Enterprises should follow the principle that combine factor endowments and factor quality, geoeconomics and lowest-cost. The choices of region and industry, enterprises should adopt "one to one" thinking mode.One side, increase the number of investment to the develo...