The Research On The Location Choice Of Investment Of Container Terminal Operators In China Port

Along with economic globalization and the deepening international division of labor, container ports emerged from a simple shipping transit role, is increasingly extended to value-added services and international transportation integrated logistics center field. Port industry revenue is stabler relative to the shipping industry, smooth, unlike the shipping cycle fluctuations. Container port market has a stable investment income from the international experience, internal rate of return is generally10%or more in container ports. As the higher investment yield of container port industry, container port industry became an important target for international investment. As a container port’s main investors, terminal operators efforts to build container port business networks. Foreign investment in the port terminal operators, not only for self-navigation of ships and ports of call to bring more convenience, while shipping sector investment diversification through Terminal operational risks.Since reform and opening, China’s sustained economic growth and promote the world economy’s center of gravity to the pattern of trade with China as the core of the East Asian regions, while prompting China’s container port industry has been rapid development, China’s port incoming transport networks in the world the status and role rising. Terminal operators to invest heavily in Chinese container port in China’s coastal ports build business networks, but the port terminal operator investment location choice there is a big difference, mainly in the Yangtze River Delta, Pearl River Delta, the Bohai Sea in the part of the port, and some Port not involved, the port’s long-term development needs of capital investment, foreign investment is the main source of funding of port development, so how to attract foreign investment has become a port of the future to consider the further development of important issues.In this paper, container port terminal operator’s investment location decisions as the goal, the use of FDI location choice theory, through the terminal operator’s choice behavior studies using Theil index difference between port cluster analysis. The container port terminal operators investment characteristics and logit probability model combined with a logit utility function container port terminal operators on the choice of investment behavior, affect investment location choice of the degree of influence of each factor quantitative analysis, concluded related factors on the terminal operator investment location choice of coefficients derived affecting terminal operators Investment for the decisive factor, so as to attract foreign investment in China port to provide a theoretical basis and practical guidance.