Analysis Of The Impact Of CFDI (Chinese Investment) On The Russian Economy

Russia is the world’s only one across Asia and Europe two continents of the country,and heritage of the former Soviet Union the most sites of the country,and it is also the largest country in the world at the same time is one of the five permanent members of the United Nations,the country has a wealth of Natural Resources and China’s development since the reform and opening to the outside world has attracted more and more attention and attention,one of the reasons is the accelerating pace of development and the continuous improvement of its strength;in addition,in today’s world,for the world’s top ten economies and is also one of the permanent members of China,the role of China and Russia,as the two major developing countries,have good investment cooperation space and conditions and have very considerable prospects for development in terms of the existing environment.China and Russia are geographically adjacent to each other,and their historical roots are deep.Russia is rich in minerals,oil,natural gas and other resources and energy,is recognized as the world’s energy,science and technology,military power,scientific research strength,but in logistics facilities,financial and other aspects of relatively backward;and China is the world’s largest processing industry base,production capacity,internet finance and logistics industry is developing rapidly,but the lack of Therefore,studying China’s relationship between Russian Direct Investment and Sino-Russian trade can provide the basis for the strategic transformation of Sino-Russian investment and trade cooperation in the future,so as to give full play to the complementary effects of both.This paper comprehensively analyzes the problems of China’s direct investment in Russia from four aspects:investment scale,investment area distribution,investment industry,and investment method.The thesis makes judgments on the past and present continuation of China’s direct investment in Russia,and its characteristics,development and changes,and then theoretically explores how China’s direct investment in Russia affects the Russian economy and pave the way for empirical analysis.Statistical data calculates and analyzes objects,establishes mathematical models,and empirically analyzes how Chinese investment affects the Russian economy.This paper selects the corresponding indicators as explanatory variables.The specific indicators selected are:domestic investment rate,labor input,human resources,total government consumption expenditure as a percentage of GDP,China’s direct investment in Russia inflows,China ’s foreign direct investment and domestic investment Interaction between human capital and China ’s foreign direct investment,Russian economic policy and foreign direct investment.The results show that labor input,improved human capital,increased domestic investment,and increased foreign direct in vestment inflows in China all have a positive effect on Russia’s economic development,and government consumption expenditures have a negative impact on economic growth,but this This kind of influence is not great.This may be because Russia’s economic and fiscal policies are not yet perfect,and government consumption expenditures have not been able to positively affect economic development.Among the three variables of mutual influence,China’s foreign direct investment and goverment consumption expenditure have a positive impact on economic development,but what is inconsistent with the forecast is the interaction between China’s foreign direct investment and domestic investment and China’s foreign direct investment and human capital.The interactive item has a negative impact on economic development.At the macro level,China’s direct investment has had a positive effect on Russia ’s econom ic growth,and foreign direct investment has had an spillover effect on other economic growth contributors.It can be predicted that various adverse effects such as improving corruption in Russia and insufficient trade facilitation Factors,its positive effect will be more obvious.Therefore,this article puts forward some policy suggestions that can provide new impetus for the development of Russian-Chinese investment and economic relations.