Research On The Strategic Choice For China’s Foreign Direct Investment In The New Period

The current global economy is still subject to the impact of financial crisis, despite some signs of improvement, but caused by a lack of power, and recovery foundation is not stable, also under the stimulus of fragile recovery stage, the international market demand is still weak, domestic demand is still weaker than expected. This reflects in different degrees since mid-2013tightening financial conditions and policy situation, as well as the uncertain policy or political, the latter is especially harmful to investment.The current situation is under the financial crisis shadow, for China’s enterprises, the investment is still the important driver of economic growth. The need for enterprises to invest out is multifaceted. In the new period, the enterprise urgently by continuing to quicken the steps of implementation of the strategy of "going out", now we are passive to accept the international capital global configuration, we must change the this mode of foreign trade development to more automatic use of world resources, to the development pattern of allocate the world’s resources, optimize the foreign trade commodity structure, improve the efficiency of the foreign trade, expand the trade development space, avoiding trade barriers and friction, expand exports, expand the international market, promote the sustained, stable development of foreign trade in our country. From the international situation, the implementation of the strategy of "going out", in the international allocation of resources for a more favorable situation and to improve relations with relevant countries and regions, can promote the role of our country in the international division of labor, improve the position in the global economy.By the end of2013, China’s domestic investors have been direct invest to156countries and regions of the global, totally5090foreign companies, non-financial direct outward investment amounted to90.17billion dollars, up16.8%from last year. The equity investment and other investments amounted to72.77billion dollars, accounting for80.7%, profits to invest17.4billion dollars, accounting for19.3%. This shows that our country enterprise in the development of "going out" has achieved obvious results, corresponding, our country enterprise in the process of "going out" of insufficient also increasingly highlight, while the investment continuing strong growth, but the scale and the economic development of our country is far from matching; overseas investment subject unbalanced, structure should be optimized; Although distribution of investment industry is multivariate, but high concentration; Investment distribution is wide, but unbalance; Overseas investment hot, but also difficult.The report of party’s18clearly pointed out that, to adapt to the new situation of economic globalization, must put more proactive opening-up strategy, improve the mutually beneficial, multiple balance, safety and efficiency of the open economy system. China’s enterprises should use this strategic opportunity after the financial crisis of the international that economic structural adjustment and reshuffle, accurate judgment of the situation, seize the favorable factors in special period to enterprise investment, grasp different conditions from different countries and regions to promote the competitiveness of our enterprises, solve the bottleneck of resources, expand the investment market in our country, choice good foreign investment strategic like main body, methods, field and object. Speed up the pace of "going out", carry out the design of all-round foreign direct investment strategy, make full use of the overall strategy of different regional features To form the advantages of Chinese enterprise, this is the best choice for enterprise development in the new period.This paper discusses mainly divided into five parts:The first part is the introduction, this part mainly elaborated the selected topic background and significance, structure and research methods and literature review, final points out the innovations and shortcomings of this article.The second part is the related theoretical basis for the enterprise "going out", this part firstly defines the meaning of the enterprises "going out", reviews the western scholars on enterprise of foreign direct investment theory, mainly divides into foreign direct investment theory of developed countries and developing countries, on this basis discusses these theories to our country’s applicability and guiding significance of this article.The third part describes the development of Chinese enterprises "going out" strategy, indicate the "new period" in this article, elaborated that under the "new period" there are new changes of environment to implement the strategy of "going out", the new change is a challenge for our country enterprise also is full of opportunities at the same time, under the new period our country enterprise "going out" is also has its necessity.The fourth part analyzed the present situation and existing problems of our country enterprise "going out" in the new period, and think that the regional distribution of foreign direct investment in China is not balanced; Investment main body structure continue optimizing; Investment industry distribution is wide, but high concentration; The number of investment enterprises is increase, investment scale is expand. Foreign investment is still facing a grim situation, mainly in the aspect of foreign investment assets loss serious, enterprises lack of responsibility and the investment failure rate is higher.The fifth part is the analysis of the strategic choice of foreign direct investment, first of all, from macro aspects of strategy like investment main body, the investment industry, the location of foreign investment, the investment way to put forward some proposals how to choose, and then from the perspectives of both enterprises and government on how to practice and improve the enterprise "going out" strategy put forward related Suggestions.