Abstract

In the context of global economic integration, the economic links between countries are getting closer and closer, and international direct investment is an important link to connect the economies of various countries. In recent years, with the rapid development of China’s economy and the further improvement of the level of opening to the outside world, China’s IFDI (foreign direct investment) and OFDI (outbound direct investment) have developed rapidly. At the same time, the contradiction of China’s industrial structure has gradually emerged, and it is urgent to promote economic intensive development and industrial structure upgrade. Based on this research background, the thesis puts IFDI, OFDI and China ’s industrial structure upgrade into the same theoretical analysis framework, and explores the mechanism of two-way FDI to promote industrial structure upgrade from the perspective of technology spillover; Panel data of several provinces (municipalities), through the construction of simultaneous equation models, empirical analysis of the impact of two-way FDI technology spillovers on the optimization and upgrading of China’s industrial structure.

Full Text
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