An Analysis Of The Influencing Factors Of China’s Direct Investment In The Countries Along The "Belt And Road"

At present,the world economy is undergoing profound adjustments and the global economy is struggling to recover.The advocacy of the "Belt and Road" initiative has indeed effectively promoted the global economic recovery and economic globalization,also promoted the rapid economic development in various places.The total direct investment by China and other countries along the line has been on the rise.From 2003 to the present,China’s total investment in countries along the line has increased by more than 70 times.Direct investment in countries along the "Belt and Road" is an integral part of China’s strategic planning for OFDI.Studying the major factors that affect China’s direct investment in countries along the routes can guide China’s overseas investment and increase the return on capital.It is of great practical and theoretical significance to promote the steady and rapid economic development of both sides and to bring the world economy to recovery.This article mainly from the characteristics of the countries along the line to study the main factors that affect China’s direct investment in countries along the line.The article mainly analyzes the current situation of direct investment in our country along the "Belt and Road" from the aspects of investment country type,investment industry and investment area.Summed up the main characteristics and existing problems of China’s direct investment in the countries along the line.It mainly expounds the investment motivation of China to the countries along the line and the investment environment of the host country which mainly affects China’s direct investment in the countries along the line.In addition,panel data are selected to screen the variables from the following five aspects: economic environment,political environment,infrastructure,science and technology,resource endowments and so on.Empirical studies are conducted by using fixed effects model.By collecting data from47 countries in China and other countries analysis.We will discuss the host country’s political factors,economic factors,infrastructure,resources available,and scientific and cultural variables to explore the direction and extent of direct investment in China by the participating countries.Verify that the theoretical analysis of the article is real.At last,based on the result of empirical analysis,we put forward the feasible suggestion,which is of great strategic significance for directing China’s directinvestment in the countries along the route.