Evaluation Of Investment Environment Of Provinces And Cities Along "The Belt And Road"

In recent years,China's economy is facing the bottleneck of overcapacity,sluggish growth and low rate of return on investment.The previous extensive mode of growth cannot be sustained.In this context,China launched the "The Belt and Road" strategy in 2013 with the goal of a new pattern of all-round opening up.This strategy not only created a new opportunity for the new round of opening up of China's eastern coastal provinces and cities,but also pointed out the direction for the construction of a new economic and trade cooperation network in central Asia,west Asia,eastern Europe and China's vast central and western regions.Therefore,it is of great practical significance to study the investment environment of the provinces and cities along the belt and road to effectively attract project investment from countries along the routes of Asia and Europe,promote the further development of the eastern coastal areas and accelerate the rise of the central and western regions.In this paper,18 provinces and cities along the "The Belt and Road" are selected as research objects.Based on the accurate definition of the connotation of the investment environment,the relevant factors affecting the investment environment are analyzed,and the investment environment evaluation index system is constructed.By using the entropy weight method and grey correlation theory,which are relatively new in the fields of economics and other social sciences in recent years,static analysis and dynamic evaluation are carried out on the investment environment of each province and city along the"The Belt and Road"proposed in the early year(2013)and the period from 2013 to 2016.The conclusion shows that:(1)There are four main factors affecting the investment environment,including the economic environment,the market environment,the infrastructure environment and the scientific,technological and cultural environment;(2)The investment environment between the provinces and cities along the "The Belt and Road"is unbalanced,that is,the eastern coastal provinces and cities have more advantages than the central and western inland regions in the investment environment;(3)Provinces and cities with a higher degree of opening to the outside world have a relatively high overall level in many factors affecting the investment environment.On the contrary,less developed provinces with a relatively high degree of closing are not satisfactory.(4)Different types of provinces and cities have different emphasis on improving the investment environment,and each type of provinces and cities has different advantages and disadvantages.Finally,according to the evaluation results,this paper proposes relevant policy Suggestions to optimize the investment environment of provinces and cities along the "The Belt and Road" in China.