Study On The Green Foreign Investment Strategy For Jiangsu Province Under Low-carbon Economy Background

As an international provider of capital elements, FDI, the main force of promoting economic globalization in various factors, has promoted the growth of employment, taxation, exports and economic growth in the developing countries. Jiangsu province is now on the road striving for industrialization so the investment and accumulation of capital remains the key factors that promoting its economic development in a long term. In spite of the economic development with the help of FDI in capital, technology and management methods, Jiangsu Province also faces with increasingly serious environmental problems such as environmental degradation. At the same time, low-carbon economy, a new development model, has now become the focus of attention of the international community as its development will bring restructuring in industries and new competitiveness to a country or region. At present, emerging industries, energy conservation and trade barriers has begun to affect the main economies. Therefore, the introductions of foreign investment policy are bound to be adjusted according to the change. This article will focus on the systematic study of a series of issues arising in the development of green foreign investment under low-carbon economy background.As the introduction part of this article, the first chapter focuses primarily on the purpose and significance of this research, and on the summary of current domestic and foreign researches on FDI and environmental problems, FDI strategy through theory or empirical analysis, and puts forward the content and ideas of this article. The second chapter introduces not only the related concepts such as low-carbon economy, green investment and green foreign investment but also the theoretical basis for attracting foreign investment, and some traditional strategies are provided to attract foreign capital. The third chapter objectively analyses the current situation of FDI import, characteristics, and assesses the carbon emissions in Jiangsu Province through data and charts. Then, on this basis, the this chapter uses econometric software such as Eviews5.0 to conduct an empirical analysis of carbon emissions and FDI in Jiangsu Province in terms of the correlation among size, industry structure, and region, and so furtherly clarify the importance of green foreign direct investment development. Next, on the basis of the findings of empirical analysis, as well as the situation of domestic and overseas economic development, the fourth chapter and the fifth chapter propose some strategies and implement paths and safeguards for developing green foreign direct investment in Jiangsu Province. The final chapter is a summary of the full text.Based on the empirical research of FDI and the carbon emissions, the results show that FDI in Jiangsu Province contributes to the increase in carbon emissions on the whole. Therefore, to achieve the sustainable development of economy and society, Jiangsu government should actively adjust the current foreign investment strategy and strengthen the introduction for low-carbon foreign investment and promote industrial upgrading.