Abstract
The active introduction of foreign capital helps to make up for the lack of regional construction funds, speed up the technological reform of new and old enterprises, and promote industrial upgrading. In this context, the study of the factors affecting Shanghai's actual utilization of total foreign investment is of great significance to the economic development strategy of the Yangtze River Delta and other places. This paper selects the latest development of the actual utilization of foreign capital in Shanghai from 1981 to 2020, and makes an empirical analysis on its influencing factors by applying multiple regression model. The results show that the actual use of foreign capital is mainly affected by per capita GDP, GDP growth rate, exchange rate and per capita disposable income, among which per capita GDP and disposable income have a greater impact on the actual utilization of foreign capital.
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