Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Impact of FDI on the Export Structure of China’s Manufacturing ACFTA Overseas Market: From the Perspective of the OECD (2011) Classification Standard

Authors
LI XINYE209481@student.upm.edu.my
SCHOOL OF BUSINESS AND ECONOMICS, Universiti Putra Malaysia (UPM), Kuala Lumpur, Malaysia
Corresponding Author
Available Online 26 March 2022.
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.

Download article (PDF)

Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.098How to use a DOI?
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  -