Influence of FDI characteristics on high-quality development of China's economy.

Abstract

The report of the 19th National Congress of the Communist Party of China (CPC) stated: "We should focus on the construction of One Belt and one road, insist on introducing and going out, implement high-level trade and investment liberalization and facilitation policies, and promote the formation of a new pattern of the comprehensive opening." Foreign Direct Investment (FDI), as part of its opening-up, has a direct impact on the quality of China's economic development. This paper studies the impact of FDI quality on the economic development of the provinces in the 30 inland provinces of China, excluding Tibet, from 2007 to 2015. This paper does not find that comprehensive FDI quality has a significant impact on China's high-quality economic development. The further study sample is divided into three texts in the East and West, and found that the export capacity of the eastern provinces of FDI significantly promote high-quality economic development in the region; the technical level of the central provinces of FDI significantly promotes high-quality economic development in the region, but then the actual size of the FDI has a significant inhibitory effect on central provinces.