|Table of Contents|

China’s two-way direct investment under the new development pattern of dual circulation(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2021年01期
Page:
69-79
Research Field:
国际经济与贸易
Publishing date:
2021-02-20

Info

Title:
China’s two-way direct investment under the new development pattern of dual circulation
Author(s):
HUANG Xinfei1; 2;  LI Jiajie2
1. International School of Business & Finance, Sun Yat-sen University, Guangzhou 510275, Guangdong, China; 2. Institute of Advanced Finance, Sun Yat-sen University, Guangzhou 510275, Guangdong, China
Keywords:
dual circulation;  new development pattern;  two-way direct investment;  opening-up;  free trade zone;  foreign direct investment(FDI);  China’s outward foreign direct investment(OFDI);  elements of innovation;  industrial chain
PACS:
F832.6; F125
DOI:
-
Abstract:
The construction of a new development pattern with the domestic circulation as the focus and the domestic and international circulation promoting each other is a major strategy of China’s economic development in the future. As the link connecting the domestic and international circulation, the two-way direct investment needs to be reshaped and adjusted in terms of development strategy and path. According to this research, we should aim at promoting scientific and technological innovation and industrial upgrading in the new era, improve the quality of two-way direct investment, and clear obstacles in the supply chain and industrial chain; drive the improvement in the trade level of China and the countries along the "Belt and Road" through two-way investment of higher quality, based on the "Belt and Road" initiative; build high-quality free trade zones and free trade ports, raise the standards for opening-up, attract foreign investment with higher quality, and increase our technological capabilities and autonomy in participating in the international circulation; establish a more complete modern logistics system and a market system of higher standards for the flow of factors of production, reduce institutional transaction costs, raise productivity and enhance the capability to attract high-quality foreign investment.

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Memo

Memo:
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Last Update: 2021-02-20