Analysis of Factors Affecting China's OFDI
- DOI
- 10.2991/cimns-18.2018.48How to use a DOI?
- Keywords
- OFDI; influencing factors; principal component analysis
- Abstract
The OFDI in China increased from 2.6 billion U.S. dollars in 1997 to 196.1 billion U.S. dollars in 2016, showing that the OFDI in China has achieved a rapid development. With the implementation of the trade policy“Belt and Road”, and the increasing influence of uncertainties in foreign trade, it is of great significance to study the factors affecting OFDI in China. In this paper, it selected 15 related indicators from 1997 to 2016 and used the principal component analysis to analysis the factors affecting OFDI in China, and then drew the conclusions: the main factors affecting OFDI in China rank from the greatest influence to the least influence are the basic economic factors, financial support factors and world economic factors. Meanwhile, it proposes the measures like strengthening the foreign trade, improving the economic strength, as well as strengthening the output of technology and capital in China.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xuezhong Chen AU - Jialin Lin PY - 2018/11 DA - 2018/11 TI - Analysis of Factors Affecting China's OFDI BT - Proceedings of the 2018 3rd International Conference on Communications, Information Management and Network Security (CIMNS 2018) PB - Atlantis Press SP - 212 EP - 216 SN - 2352-538X UR - https://doi.org/10.2991/cimns-18.2018.48 DO - 10.2991/cimns-18.2018.48 ID - Chen2018/11 ER -