The Analysis Of FDI Technology Spillover On Chinse Domestic Automobile Enterprise

“The 12 th Five-Year Plan” came to a successful end in 2015, and the new era of “The 13 th Five-Year Plan” ushered, which was also the critical period of the first five-year of the ten-year strategy of Made in China 2025. As the key of Chinese manufacturing industry, the future development of the automobile industry has attracted extensive attention. In the future, Chinese automobile industry won’t take expanding productivity and scale as the strategic task. Instead, the industry is exposed to undertake the guide industry, assume the upgrade of social economic technology innovation platform, as well as the task of leading the adjustment of industrial structure. In order to better develop the automobile industry, we shall review the lessons and successful experience of the industry development in China, in which there was an issue that whether the strategy of “taking market to exchange technology” to attract FDI have brought a certain technology spillover effect to Chinese automobile industry. The discussion of this problem shall be based on the comprehensive recognition and systematic summary of the Chinese automobile industry attracting FDI, so as to have a correct and objective understanding. Meanwhile, technology spillover effect of FDI cannot happen naturally, since many factors will influence its effect, and every developing country would like to get benefits from FDI that is not realistic. Therefore, it is necessary to find out the rule of FDI technology spillover in a specific industry by theoretical and empirical study, and promote its production and improvement by virtue of appropriate policies and measures.Based on the perspective mentioned above, the paper carries out the research on the issue from the theoretical and empirical point of view. Firstly, Chinese automobile industry and its attracting the development of FDI are summarized. Then situation, characteristics and development trend of Chinese automobile manufacturing industry attracting FDI are introduced. In the later chapters, technology spillover channels of FDI in the Chinese automobile industry and the influence of FDI on Chinese automobile industry are systematically and comprehensively analyzed. Moreover, the influencing factors are also analyzed. The empirical analysis in chapter 5 takes the time series data of the automobile industry to check whether FDI has a positive spillover effect on Chinese domestic automobile industry. relevant suggestions are provided about how can Chinese automobile enterprises attract foreign capital and make use of foreign capital, as well as the development strategy in the future.