Analysis On The Influence Factors Of China Outward Foreign Direct Investment In United States

Since the reform and opening up, China started foreign investment boom, has injected new vitality into the economic growth. Among them, the most important sources of foreign investment is from United States. With the continuous development of our economy, Chinese direct investment in USA also began to have certain development. After the sub prime mortgage crisis in2008, many developed countries have been influenced by the financial crisis, slowing down the increasing speed of economy, the developed countries including the USA, began to actively take measures to attract foreign investment. In this opportunity, direct investment in China also began to rise rapidly, but some problem are still existed, about starting late, small scale, unbalanced development. The United States, as the world’s developed countries, with the world’s leading science and technology and advanced management level, if China can increase the proportion of investment in USA, will achieved great development in the future of the overseas business and global strategy.The main contents of this paper are the factors of Chinese outward direct investment in USA. The first chapter is the introduction part, presents the research background, theoretical and practical significance, and summarize the relevant article content about the foreign direct investment, establish the basic ideas of the article. The second chapter makes a review of concept and systemize the related theory about foreign direct investment. The third chapter firstly analyzed the change in the overall characteristics in different periods of China’s foreign direct investment, combined with the phase characteristics of OFDI development in China, investigated on the direct investment characteristics, direct investment scale, investment subject, investment industry and investment performance and differences. The fourth chapter and the fifth chapter is the core part of this paper, the fourth chapter classified and analyzed the main influence factors of Chinese direct investment in USA from two aspects of the political and economic, discussed about the policy, market, trade and other factors that can influence the foreign direct investment of our country. The fifth chapter is the empirical part of this paper, through the establishment of time series model, chooses the influence factors of per capita national income, the exchange rate as the variables which can be quantified, to research about our main effect on direct investment in USA, using time series data, establish the multiple linear regression model, and test the correlation, stationary test, co integration test and Grainger test, the final conclusions of empirical analysis shows that the national income per capita, infrastructure construction, and import&export trade of China has a more significant positive relationship with the direct investment in USA, the exchange rate of RMB has negative influence in China’s direct investment in USA. Finally, the sixth chapter summarizes the empirical results, and then put forward relevant policy recommendations from two aspects of government and enterprises, including the establishment of policy system, improve administrative efficiency, and strengthen the international communication and cooperation, enhance the enterprise’s subjective initiative and core competitiveness, to help enterprises develop the overseas investment activities.