Facilitation Analysis And The Strategy Of The Outward Foreign Investment From China To ASEAN

Since the 21 st century, the trend of economic globalization, investment and trade liberalization, China is trying to improve and deepen its opening to the world, China surpassed the United States in 2014 to become the world's largest foreign investment destination country, and outward foreign investment is the third one in the world. As the "OBOR"(One Belt And One Road) strategy was put forward and implemented, China's economic development is of "introducing in" and gradually turns to the "going out".Although the association of south-east Asian nations(ASEAN) member countries is not much and most belong to developing countries, but it depends on its location advantages and resources endowment and other relative advantage, as a new power in the world economy stage. In recent years, China- ASEAN trade facilitation has made great achievement, investment facilitation process, however, develops slowly,.As the China-ASEAN free trade area is completed in 2010, the investment facilitation will request to accelerate the process.This article is based on the outward investment facilitation from China to ASEAN, through combing the current situation of investment in the association of south-east Asian nations(ASEAN), from two dimensions of qualitative and quantitative analysis on China to ASEAN investment facilitation, and the facilitation of investment to do the empirical analysis, the influence of the final against the results of the analysis put forward improvement strategy. Research conclusions are:(1) About the present situation of the ASEAN investment in China: investment flow sustained growth in recent years, but compared to the overall level of foreign investment, investment scale remains to be improved, and the investment object of country and industry distribution.(2)In 2015, the ASEAN's investment facilitation average score is slightly higher than the world, but the relatively large differences: Singapore(1), Malaysia(18), Thailand(26) and Vietnam(78) more than the world average, followed by the Philippines(95), Brunei(101), Indonesia(114), Cambodia(135), but Laos(148) and Myanmar(177) are relatively backward.(3)The result of the empirical analysis of the impact of the investment facilitation from China to ASEAN, including the economic scale, the investment risk and the business environment, besides the trade, implementation of laws and regulations, infrastructure construction, convenient degree of exit management to a certain extent, also affect China's investment in ASEAN.(4) The way to advance the investment facilitation from China to ASEAN, China should play the leading role, find chance to communicate with the host country to open the access to foreign capital, improve the administrative efficiency and improve the matching service infrastructure, and at the same time improve its own foreign investment services system.