Study On Influence Of Outward Foreign Direct Investment Of China On Export Technology Complexity Of China Under Background Of "One Belt One Road"

After the financial crisis in 2008,the growth rate of the Chinese export trade slowed down,and the economic growth impelled by the traditional export trade decreased.In contrast,the Chinese foreign direct investment continued to develop,and by the end of 2017,it had achieved three consecutive years of net capital outflow.Since “One Belt One Road” initiative was put forward,China has continuously increased its direct investment in the countries along “One Belt One Road”,and the trade partners have become closer.Based on this background,it is of great significance to study whether the Chinese foreign direct investment improves the technological level of export products,the structure of export trade,and the complexity of export technology.The thesis selects 16 countries(Singapore,Netherlands,Australia,the United Kingdom,Russia,Indonesia,Germany,Malaysia,Korea,Thailand,Laos,Vietnam,France,Pakistan,Cambodia,Switzerland)to study the relationship between foreign direct investment and export technology complexity,and there are six chapters in this thesis.Chapter 1 introduces the research background and significance,literature review,research ideas and methods,as well as innovation and shortcomings.Chapter 2 reviews international trade theory,foreign direct investment theory,the export trade effect of foreign direct investment and the definition and calculation methods of export technology complexity.In analyzing the export trade effect of foreign direct investment,it introduces how foreign direct investment influencing export structure,the relationship between FDI and export structure and how FDI making an impact on export technology complexity.Chapter 3 analyses the situation of the Chinese outward foreign direct investment to 16 countries along “One Belt One Road”,which includes the development and changes of the Chinese outward foreign direct investment from 2002 to 2017 and the analysis of the flow and stock of foreign direct investment of 16 countries along “One Belt One Road” from 2005 to 2017.Chapter 4 studies the Chinese exports of goods to 16 countries along “One Belt One Road” which includes the total value of goods trade of China from 1979 to 2017,the Chinese total value of goods exported to 16 countries along “One Belt One Road” according to product classification and different countries and the Chinese export index analysis which includes the analysis of the Chinese revealed comparative advantage index and the analysis of export technology complexity of the Chinese exports to 16 countries.Chapter 5 is the empirical tests.The panel data model is between the Chinese export technology complexity and the Chinese foreign direct investment(FDI)to 16 countries along “One Belt One Road”.The empirical results show that FDI has a positive impact on the export technology complexity.Chapter 6 is conclusions and recommendations.It summarizes this thesis,draws conclusions,and gives corresponding recommendations.