The Influence And Path Research Of Outward Foreign Direct Investment On China Carbon Emission Reduction

At present,China is accelerating the establishment and improvement of a green and low-carbon carbon cycle development economic system,and actively participating in global environmental governance and fulfilling international responsibilities.However,it should also be noted that China’s energy structure is biased towards coal,industrial structure is biased towards heavy,and the economy and society are still in a stage of medium to high-speed development.The implementation of the "dual carbon" development strategy has a tight time frame,heavy tasks,and high pressure,as well as various risks and challenges faced internally and externally.In addition to relying on domestic independent exploration of low-carbon development paths,China should also seek international cooperation from the perspective of foreign direct investment,in order to feed back and drive the vigorous development of domestic green industries.The core issue of this article is how to obtain resources,technology,and markets through external investment,and serve China’s carbon reduction goals.This article explores the path of foreign investment serving domestic carbon emissions reduction through current situation analysis and empirical analysis,aiming to fill the gap in domestic and foreign literature on how foreign investment serves the low-carbon economy.At the same time,it supplements the path research of China’s green and low-carbon development,providing reference for China’s foreign investment in obtaining resources and technology.This paper adds quantitative analysis after analyzing the current situation of China’s foreign direct investment and carbon emission reduction,uses 420 panel data from 30 provinces,cities and autonomous regions in China from 2006 to2019 to build a fixed effect model for regression analysis,studies the relationship between foreign direct investment and home country carbon dioxide emissions,and draws the conclusion that "foreign direct investment can effectively reduce home country carbon emissions".Subsequently,research will be conducted on the mechanism of external investment on carbon emissions reduction and analysis will be conducted on the practices of excellent domestic and foreign enterprises.On the basis of qualitative and quantitative analysis,three paths for foreign direct investment to serve domestic carbon reduction have been explored:(1)driving the transfer of domestic "two high" industries and products through foreign direct investment;(2)Investing in obtaining advanced green and low-carbon technologies to feed back China and promote domestic green technology innovation;(3)Obtain key resources in the new energy field through external investment and mergers and acquisitions,and resell them domestically.