中国对德直接投资的母国经济效应实证研究——基于贸易总额、科技进步、产业结构的视角

An Empirical Study on the Home Country Economic Effects of China’s Direct Investment in Germany—Based on Trade Scale, Technological Progress and Industrial Structure

改革开放以来,我国逐步放宽对外直接投资的审批限制,积极鼓励企业对外直接投资。中德建交40多年来,两国关系不断取得突破性进展,随着两国关系的不断发展,德国已经成为中国对外直接投资的主要目的地之一。本文以中国对外直接投资的快速发展为宏观背景,在中国对德直接投资快速发展的趋势下,基于对外直接投资的母国经济效应相关理论研究,分析中国在德国直接投资现状;并从贸易规模、科技进步、产业结构三个方面对中国在德直接投资产生的经济效应进行了实证分析。研究结果显示,中国对德投资对中德贸易规模、中国科技进步具有积极促进作用,但是对中国产业结构调整作用并不显著。

Since the reform and opening up, China has gradually relaxed the restrictions on the approval of foreign direct investment and actively encouraged enterprises to invest in foreign direct invest-ment. Over the past 40 years since the establishment of diplomatic relations between China and Germany, breakthroughs have been made in bilateral relations. With the continuous development of bilateral relations, Germany has become one of the main destinations of China’s foreign direct investment. Taking the rapid development of China’s outward foreign direct investment as a macro background, this paper studies the direct investment in China under the trend of rapid devel-opment of German direct investment, analyzes the current situation of China’s direct investment in Germany based on the theory of foreign direct investment’s domestic economic effects, and makes an analysis of the economic effects of China’s direct investment in Germany from three aspects: trade scale, technological progress and industrial structure. The results show that China’s investment in Germany has a positive effect on Sino-German trade scale and China’s scientific and technological progress, but its effect on China’s industrial structure adjustment is not significant.