The Impact of FDI on the Export Structure of China’s Manufacturing ACFTA Overseas Market: From the Perspective of the OECD (2011) Classification Standard
- DOI
- 10.2991/aebmr.k.220307.098How to use a DOI?
- Keywords
- FDI; export structure; ACFTA; manufacturing upgrade
- Abstract
In 2020, ASEAN will replace the EU and become China’s largest trade partner in goods. The continuous transformation and upgrading of China’s domestic industrial structure has attracted worldwide attention. This article uses Asean Stat, ITC and the National Bureau of Statistics of China to analyze the impact of FDI on the export structure of China’s manufacturing ACFTA overseas market. The study found that from 2001 to 2010, manufacturing FDI increased year by year. Among the main trade products, the export of Medium-high-technology industries accounted for more than half of the export value, but it showed a downward trend, while the rest of the industry showed an upward trend. From 2010 to 2019, FDI in the manufacturing industry has declined year by year. Among the main trade products, Medium-high-technology, Medium-low-technology and Low-technology industries have shown a slight increase, but High-technology industries have shown a downward trend. Some high-tech manufacturing products, which are not major trade products, have grown rapidly. To a certain extent, FDI has promoted the optimization of ACFTA’s export structure in overseas markets. Among the major trade products, although High-technology industries have shown a downward trend after 2010, other non-major trade products have shown a significant upward trend. The enlightenment of this research is that, in the context of the signing of RCEP, it is necessary to promote the development of the manufacturing industry, accelerate the supply-side reform of the high-tech manufacturing industry, and promote the upgrading of the industrial structure to the high-end of the global value chain.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - LI XINYE PY - 2022 DA - 2022/03/26 TI - The Impact of FDI on the Export Structure of China’s Manufacturing ACFTA Overseas Market: From the Perspective of the OECD (2011) Classification Standard BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 613 EP - 617 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.098 DO - 10.2991/aebmr.k.220307.098 ID - XINYE2022 ER -