Research On The Influencing Factors Of China’s Information And Communication Industry’s Direct Investment To The United States

Information and communication industry is a strategic,basic and pioneering industry that constructs China’s information infrastructure,provides network and information services,and comprehensively supports the economic and social development.As an emerging industry,its proportion in China’s national economic development has gradually increased,and it has become more and more important in China’s foreign direct investment.Position.This paper studies the influencing factors of China’s information and communication industry’s outward direct investment,combines the theory of international investment,uses the method of empirical analysis of typical countries,and through the comprehensive study of the development status of China’s information and communication industry,concludes and analyses the impact of information and communication industry on China’s national economy,and takes this as a theoretical basis.Based on the relevant theories of international investment,this paper takes the United States as an example to analyze the influencing factors of OFDI in China’s information and communications industry.According to the results of empirical analysis,some suggestions on China’s information and communication industry’s foreign direct investment policy have been formed.Specific application methods include: review method,literature survey method,qualitative analysis method,comparative analysis method,chart method,empirical analysis method,etc.According to the empirical analysis of linear regression,the following results are obtained: independent variables ICTE(technical product development index of host country’s information and communication industry),ICTI(market demand index of host country’s information and communication industry’s products),EA(exchange rate index),MFG(investment index of other industries)are the influencing factors of China’s information and communication industry’s direct investment in the United States.Influencing factors of longterm trend of traffic(ICT OFDI).In the empirical process,we can find that the influencing factors of general FDI,such as the GDP of host country,have no effect on the OFDI of China’s information and communication industry.This also shows the influencing factors of China’s information and communication industry’s OFDI to the United States.It has obvious industry characteristics.According to the results of these studies and analysis,the paper puts forward investment location and related investment policy suggestions for China’s information and communication enterprises: in the investment of information and communication industry,we can attach importance to the potential developing areas of information and communication outward foreign direct investment,such as India and Russia,where the momentum of development of information and communication technology and trade is good,and high and new technology.Technological enterprises should pay special attention to risk aversion when going to sea.Relevant departments should strengthen policy support to protect and enhance the ability of global allocation of funds in China’s information and communication industry.