The Impact Of The Tax Treaty On China’s Foreign Direct Investment Under The Background Of "Belt And Road"

With the gradual deepening of the construction of the “Belt and Road”,the tax environment,as an important part of the international tax rules,has gradually become a part of the investment environment,and it has gradually become an important guarantee for the investment convenience of cross-border enterprises in China.The primary purpose of tax treaties is to promote cross-border trade and investment by eliminating tax barriers such as double taxation.Up to now,China has signed bilateral tax treaties with 54 countries along the Belt and Road.Nowadays,China is facing a new situation in which global integration is accelerating and the number of international economic factors is increasing rapidly.How to play the role of tax treaty in promoting foreign direct investment in the process of opening up to the outside world,making it a “Belt and Road” The booster on the road is a new topic of great practical significance in the new era.This paper focuses on the impact of China’s tax treaty between the countries along the “Belt and Road” on China’s investment.On the whole,the academic community is paying more attention to the role of tax treaties in foreign investment.However,the current academic circles lack of systematic and in-depth research on the tax treaties between China and the countries along the “Belt and Road” and the impact of tax treaties with these countries on China’s direct investment.This gap.From the research content,this paper makes a detailed analysis of whether the tax treaty can promote investment activities.Creating a tax-determined atmosphere and attracting investment from China is an important realistic goal of the tax treaty between countries along the route under the “One Belt,One Road” initiative.At the same time,through the analysis of the main provisions of China and the countries along the “Belt and Road”,the impact of the heterogeneity of tax provisions on foreign direct investment is explained.Secondly,on the basis of summarizing China’s investment in countries along the line and signing the development of tax treaties,we summarize the commonalities and make assumptions that China’s taxation agreements with countries along the line can promote foreign direct investment.Finally,the fixed-effects model is used to carry out regression analysis to verify the proposed theoretical hypothesis,and the conclusions are drawn.The significant impact on China’s investment based on tax treaties between countries along the line and the utility of different nature clauses determine the perfection of tax treaties for the existence of positive or negative effects on foreign direct investment.The opinion is to give full play to the role of the tax treaties of both parties in attracting foreign direct investment,effectively avoiding the common investment risks in the new era and promoting the “One Belt,One Road” initiative.The uniqueness of this paper is the combination of theoretical research and empirical research.This group of representative and realistic countries along the “Belt and Road” has selected a comprehensive and specific analysis of the tax treaties and external direct conditions signed between these countries and China,including the overview of these tax treaties and the main The specific content and differences of the terms.At the same time,the use of empirical methods convincingly explains the role of China’s tax treaty with these countries in promoting foreign direct investment.