Research On Overseas Investment In Equipment Manufacturing Industry

The manufacturing industry is a national industrial development foundation,most enterprise development support,and the equipment manufacturing industry is the core of the manufacturing industry,so we should vigorously develop the equipment manufacturing industry,but the domestic science and technology innovation level is weak,restricting the development of the equipment manufacturing industry and advanced technology,to the need for overseas investment to obtain foreign enterprises.Technological innovation is first of all related to the survival and long-term development of enterprises,and secondly,it affects the international competitiveness and international status of a country.In recent years,the number of overseas investment in domestic equipment manufacturing enterprises is increasing day by day,and the mode of transnational acquisition is mostly,but no specific models and norms have been formed.Because of the Shanghai Electric Group in overseas investment has made some achievements,and the establishment of a large number of Chinese and foreign joint venture subsidiary,so the overseas investment of Shanghai electric group as an example,have certain reference significance for other equipment manufacturing enterprises of China.First of all,the thesis introduces the relevant theories and theories of overseas investment,mainly including the theory of monopoly advantage and product life cycle theory.Many scholars at home and abroad have explained the issue of overseas investment.The paper mainly adopts the literature research method,case analysis method and chart analysis method.Secondly,it describes the development of the domestic equipment manufacturing industry.After decades of development,it has formed an industrial system with complete categories,large scale and high level.Domestic equipment manufacturing industry is mainly engaged in overseas investment in order to obtain foreign advanced technology,open up vast overseas markets.Shanghai Electric Group has manufacturing and service technology advanced gas turbine through the acquisition of anzaldo,promote the upgrading of the industrial structure,and improve the industrial chain covering Europe,turbine high-end market,because of its mode of management,the level of technological innovation and post acquisition integration problems also exist,so the overseas investment the problems of enterprises and puts forward some solving countermeasures.