A Study On The Impact Of Foreign Capital Liberalization On High-quality Export Of Enterprises

The implementation of the reform and opening-up policy has a far-reaching impact on China’s development.With the deepening of the depth and breadth of opening-up,China’s foreign trade and economy have achieved rapid growth and unprecedented achievements.After the 19 th National Congress of the Communist Party of China,the development goal of China’s economy has changed greatly.From the previous mode of pursuing development speed to the development mode of pursuing higher quality,it is bound to require the high-quality development of the foreign trade industry.As a major exporter,China plays a vital role in promoting the high-quality export of enterprises for the high-quality development of foreign trade.On the other hand,the rise of trade protectionism and the uncertainty of the world trade market require that China must realize the transformation from a "trading power" to a "trading power",so as to promote high-quality economic development.For enterprises,promoting high-quality export can be carried out from the aspects of improving the quality of export products and optimizing the structure of export products,so as to improve the core competitiveness of enterprises.In the context of China’s further opening-up,is there an internal relationship between foreign capital liberalization and high-quality export of enterprises? How does foreign capital liberalization affect the development of foreign trade of enterprises? How to use the entry of foreign-funded enterprises to promote high-quality export? The research on these problems will become the key to improve the competitiveness of enterprises.Therefore,this thesis combines the export parts of China’s industrial enterprise database and China customs database from 2000 to 2013,deletes the indicators affecting the research object,and uses the enterprise’s export product quality and export structure to define the enterprise’s high-quality export,The impact of foreign investment policies on Export(hereinafter referred to as "the revised catalogue of foreign investment policies")is taken as the empirical analysis.It also tests the effectiveness and robustness of the research results,and analyzes the enterprises in different regions,different ownership,different intensity and different trade modes.Finally,this thesis empirically tests the impact mechanism by constructing a model.The results show that foreign capital liberalization will bring spillover effect and demonstration effect to Chinese enterprises,help enterprises improve the level of production technology and introduce excellent talents with rich knowledge and experience,also bring competitive effect to Chinese enterprises,give enterprises a sense of crisis,promote enterprises to optimize products,improve enterprise productivity and improve enterprise management efficiency,So as to improve the quality of export products and optimize the structure of export products,and promote the high-quality export of enterprises.Moreover,this thesis further analyzes the heterogeneity of the sample by enterprise location,enterprise type and trade mode,and comes to the conclusion that foreign capital liberalization plays a more significant role in improving the export product quality of coastal enterprises,domestic enterprises and general trade enterprises The improvement of export structure of foreign-funded enterprises and labor-intensive enterprises is more obvious.Finally,the mechanism test results show that foreign capital liberalization promotes the improvement of import and export product quality and export product structure by significantly improving enterprise total factor productivity and enterprise management efficiency,so as to promote high-quality export of enterprises.