A Study On Choosing Location Of Oversea Economic Trade And Cooperative Zone

Direct foreign investment is now indispensable for enterprises at home to participate in international division and to improve comprehensive competitive power. While insisting on open up policies of "attract in investment" and "invest abroad", we have been strengthening our direct foreign investment to a great depth and scale. However, with the deepening of economic globalization, inter-enterprise competition is getting more and more intense. In order to adapt to the intense competition, we carried out the policy to actively apply the economic development mode of economic zone and the strategic policy of setting up "oversea economic and trade cooperative zones". With the application and promotion of this strategic policy, to research on choosing location for oversea economic and trade cooperative zones is becoming instructive and of realistic meaning for the development of oversea economic and trade cooperative zones.The thesis first would introduce the necessity and feasibility of opening oversea economic and trade cooperative zones and then would analyze former studies on the theory of choosing location for direct foreign investment. The thesis would review comprehensively on the theory of choosing location, the mode and model as well as methodology of choosing location. Based on these former analyses, the thesis would further analyze the situation and characteristic of economic and trade cooperative zones, which are later compared with the traditional direct foreign investment model and location choice.Based on former research, this thesis would tentatively construction area selection elements and model of various oversea economic and trade cooperative zones: four key elements of choosing location and principles of location choice (ranking coefficient analysis methodologies) are raised to instruct the elements system for economic and trade cooperative zones. The thesis consulted construction idea of the gravity model on trade & investment and general-equilibrium model of choosing location. The theory constructed in the thesis is analyzed with the practical example of Sino-Nigerian Economic & Trade Cooperative Zone.Finally, according to the result of above analysis, the thesis would predict the distribution trend of various oversea economic and trade cooperative zones, and would give suggestions about oversea economic and trade cooperative zones as follows: the government should make the setting up of oversea economic and trade cooperative zones really benefit our overall economic development and it should take advantage of diplomatic resource to promote cooperation with local government, to strengthen the instructive mechanism for investment enterprises and economic and trade cooperative zones, to set up comprehensive system to inspect investment enterprises. In choosing location for investment, enterprises should contemplate upon issues like investment motivation, competitive power, orientation problem as well as influence from third party.