Research On Mechanism And Control Of Professional Service International Direct Investment

Professional services is an important emerging services in "General Agreement on Trade in Services" (GATS). In recent decades, professional services rise at a rapid speed. The market prospects of its development are very broad. From the beginning of the 1980s, professional services multinational corporations began expanding on a large scale. At present, the local professional services in our country are still in its infancy stage of development with low international competitiveness. China should attract foreign investment necessary to promote its rapid development. Therefore, we should seize the opportunity of the international expansion on professional services, attract direct investment, and study the advanced experience of developed countries to enhance international competitiveness of professional services.In this paper, professional services international direct investment is the research object. The paper mainly studies the mechanism of investment, the impact factor of investments, and control measures of our country. Firstly the paper gives the concept of professional services and professional services international direct investment and the scope of the definition. Then the paper analyzes the characteristics of international direct investment and the status of professional services trade in our country in the context of liberalization of trade in services. Secondly, the paper analyzes the mechanisms of PS international direct investment from two aspects. One aspect is driving force mechanisms,the other aspects is entry mode choice mechanisms. Then we start to empirically analyze the factors affecting the investment,use model building to analyze impact extent of the of factors of the investment .Finally, on the basis of combining theoretical and empirical study we give the control suggestion of our country to deal with professional services internationalization. We should make an effort to attract Foreign Direct Investment.Through this research, we should have a thorough understanding of the importance of attracting foreign investment. We should strive to enable the integration into the general trend of the professional services internationalization. PSFs in China should have a broader vision and a sense of global competition and train to adapt quickly to global environmental with the ability to set up corresponding strategies. Through continuous learning and the accumulation of international experience, it will enhance the international competitiveness of enterprises.