An Empirical Study On The Influencing Factors Of FDI In Yanbian Area

With the deepening of the global economic integration,the development of FDI is becoming more and more rapid,and the role played in the global economic development is becoming more and more important.Foreign investors have gained a profit through investment,and the host country uses foreign capital to develop its own economy.How to utilize foreign capital more efficiently and guide foreign investment more effectively is a problem that a country or region is paying more and more attention to.With the reform and opening up,the speed of development of FDI in China is also accelerating and the scale is growing.Nowadays,FDI has become an important force for the sustained and rapid economic development of our country.It has provided capital support for our fixed assets investment,brought advanced production technology and management technology,promoted the adjustment of industrial structure and created a large number of employment opportunities,thus pushed the economic system reform and market advantage of our country.Process.The FDI scale in Yanbian is also expanding year by year,and the driving force for Yanbian's economic development is also growing stronger.However,there are great differences in the scale of attracting foreign capital in cities and counties.This paper selects 16 factors affecting FDI in Yanbian area,and through the principal component analysis,the three factors of economic level factor,economic structure factor and policy factor are obtained.Through the calculation,three principal component factors and total scores are sorted.The conclusion is that the top two of the economic level factors are Yanji and Dunhua respectively,which shows that the overall economic level of the two cities is higher and the ability to attract foreign direct investment is stronger;the top two are in the economic structure factors.Hunchun and Tumen,respectively,show that the economic structure of the two cities is more optimized,the market is more open and the foreign investors come to invest more.The top two in the policy factors are Yanji and Tumen,which shows that the related policies of the two cities are more favorable and more comprehensive.It can attract foreign investors to invest more.Through the analysis,the ranking of 8 cities and counties in Yanbian is drawn.The top three are Yanji,Dunhua and Hunchun.It shows that the three cities are among the 8 cities and counties in Yanbian,and the ability to attract foreign direct investment is stronger.Foreign investors are willing to invest directly in the Yanbian area,and are more Willing to choose this three city.Finally,on the basis of the analysis of the conclusions,combined with the actual reality and existing problems of the FDI in Yanbian,we put forward some pertinent countermeasures and suggestions from the three aspects of developing the local economy,optimizing the industrial structure and strengthening the policy guidance.