The Research On The Selection Of Agricultural Investment In Africa By Chinese Enterprises

Since the implementation of China’s "going out" strategy,China-Africa agricultural cooperation has become increasingly close.After the Eighteenth National Congress of the Communist Party of China,more and more agricultural enterprises have gone abroad and gone to Africa,however,the first thing to consider in the process of internationalization for companies is the choice of investment model.In the process of China’s investment in Africa,a number of outstanding enterprises have emerged,among which Yuan’s seed industry,as a successful case of investment in Africa,has explored a differentiated investment model in African countries.Strengthening the case study of agricultural enterprises and agricultural investment models will further promote China’s agricultural investment in Africa and deepen bilateral agricultural cooperation.Most of the existing literature regards developed country enterprises or Chinese state-owned enterprises as research objects,and there is a lack of case studies of private enterprises.In this regard,based on the characteristics of agricultural production which is different from manufacturing production,this paper summarizes the influencing factors on the choice of African agricultural investment model from the three levels of enterprises,host country and investment project,sorts out the typical mode of African agricultural investment of different types of enterprises in China,compares and analyzes the advantages and disadvantages of different investment models,and extracts the key factors affecting the choice of Agricultural Investment Model of Yuan’s seed industry based on the coding of rooted theory.At the practical level,by combing through the successful model of Yuan’s seed industry’s non-state investment,it reveals its decision-making process in foreign agricultural investment,which provides a reference for enterprise investment.After coding the research data of Yuan’s seed industry,this paper summarizes the key influencing factors and the selection process of investment model for Yuan’s seed industry in different countries,still we established a reference standard for the selection of agricultural investment model based on the consideration of different factors,which provides a reference for other enterprises to invest abroad.This paper draws the following conclusions:agricultural investment will derive different investment models under different production conditions,and enterprises should flexibly choose investment models according to their own characteristics,the specific conditions of the host country and the differences in investment projects.Firm investment in a country’s agriculture is not a single model,but the result of a mixture of multiple models.Finally,this paper provides some policy recommendations for enterprises investing in agriculture.