Title: Analysis on Effect of Foreign-owned Tendency of FDI to Industry Upgrading of Central Region in China Based on Panel Data
Abstract: FDI is an important external factor promoting industrial upgrading of a country or region.In recent years,the scale of FDI has been increasing in central region,but foreign-owned tendency of FDI has also become more and more evident,the development of high-tech industry and producer services have lagged far behind and upgrading within the industry are blocked.An empirical study on the relationship between foreign-owned tendency of FDI and the structure level of industrial or service sectors shows that the foreign-owned tendency of FDI can advance strongly the industrial structure upgrading within service sectors,and doesn't stimulate the industrial structure upgrading within industry sectors in the central region.Therefore,the central government must change philosophy attracting FDI,strengthen guidance and enhance regional absorptive capacity,so that it can improve the quality of FDI and enhance technology spillovers of FDI,accelerating the pace of upgrade within industry in the central region.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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