“一带一路”背景下中国服务业对外直接投资的特征、挑战及策略

Abstract
Figure/Table
References
Related Citation (15)

Download: PDF (645 KB) HTML (1 KB)
Export: BibTeX | EndNote (RIS)

Abstract As China’s service industry is getting increasingly competitive in global market, “going out” has become an important way for Chinese service sectors to allocate strategic resources globally. The Belt and Road Initiative provides unprecedented opportunities for Chinese service sectors to “go global”. The analysis based on the data related to OFDI of Chinese service sectors shows Chinese service sectors’ OFDI has grown significantly under the Belt and Road Initiative and has become an important carrier for China's capital “going out”. Chinese service industry has developed in an orderly manner. Asia is a major destination for Chinese service sectors’ overseas investment. The analysis also shows that major challenges Chinese service sectors face in OFDI are as follows: trade and investment protectionism is on the rise; national risks are getting higher globally; the proportion of cross-border merger and acquisition in service industry is relatively low; Chinese service sectors’ direct investment in foreign countries are not in step with the development of China’s service industry. To meet these challenges, we need to deepen reform and opening-up in an all-around way, establish and improve the insurance system for Chinese service sectors to invest overseas, gradually increase the proportion of mergers and acquisitions in the service industry, and balance the two-way investment in the service industry.

Key words： service industry Belt and Road Initiative outward foreign direct investment (OFDI) Chinese capital “going out” countermeasures

Received: 10 May 2019

PACS:

F752

	Service

	E-mail this article
	Add to my bookshelf
	Add to citation manager
	E-mail Alert
	RSS
	Articles by authors
	ZHONG Xiao-jun

Cite this article:

ZHONG Xiao-jun. Characteristics, Challenges and Strategies of Chinese Service Sectors’ FDI under the Belt and Road Initiative[J]. , 2019, 36(4): 90-98.

URL:

https://xb.szu.edu.cn/EN/ OR https://xb.szu.edu.cn/EN/Y2019/V36/I4/90

[1] Melitz M J.The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity[J].Econometrica ,2003,71(6):1695-1725.
[2] Helpman E., Melitz M J, S R. Yeaple, Export Versus FDI with Heterogeneous Firms[J].The American Economic Review,2004,94(1):300-316.
[3] 杨挺,魏克旭,喻竹. 中国对外直接投资新特征及新趋势——创新对外直接投资政策与实践的思考[J].国际经济合作,2018,(1):18-27.
[4] 聂名华. 中国对外直接投资的主要特征与发展策略思考[J].国际贸易,2017,(4):45-50.
[5] 叶初升,闫斌. 新常态下的中国对外直接投资:特征事实、大逻辑与理论启示[J].湖北社会科学,2015,(5):82-89.
[6] 黄河. 贸易保护主义与国际经济秩序[J].深圳大学学报(人文社会科学版),2019,36(3):62-70.
[7] Buckley P. J., Clegg L. J., Cross A. R., Liu X., Voss H. Zheng,P. The Determinants of Chinese Outward Foreign Direct Investment[J]. Journal of International Business Studies, 2007, 38(4): 499-518.
[8] Ramasamy, B., Yeung, M. Laforet, S. China’s Outward Foreign Direct Investment:Location Choice and Firm Ownership[J].Journal of World Business,2012,47(1):17-25.
[9] 韩民春,江聪聪.政治风险、文化距离和双边关系对中国对外直接投资的影响——基于“一带一路”沿线主要国家的研究[J].贵州财经大学学报,2017,(2):84-91.
[10] 宋利芳, 武睆.东道国风险、自然资源与国有企业对外直接投资[J].国际贸易问题, 2018,(3):149-162.
[11] Kolstad, I. Wiig, A. What Determines Chinese Outward FDI?[J].Journal of World Business, 2012,47(1): 26-34.
[12] Morck,R., Yeung B., Zhao M.Perspectives on China’s Outward Foreign Direct Investment[J].Journal of Intern-ational Business Studies,2008,39(3):337-350.
[13] 杨娇辉,王伟,谭娜.破解中国对外直接投资区位分布的“制度风险偏好”之谜[J].世界经济, 2016,(11):3-27.
[14] 杨娇辉,王伟,王曦.我国对外直接投资区位分布的风险偏好:悖论还是假象[J].国际贸易问题,2015,(5):133-144.
[15] 2017年《国家风险分析报告》发布,全球风险水平仍处高位[J].中国对外贸易,2017,(11):35.
[16] Dunning J.H.Explaining the international direct investment position of countries: Towards a dynamic or developmental approach[J].Review of World Economics,1981,117(1):30-64.
[17] 蔡家勇. 我国对外直接投资的现状、问题与对策[J].宏观经济管理,2017,(2):55-58.