China's Direct Investment Efficiency toward the Countries along the Belt and Road

摘要

The "Belt and Road Initiative" strategy has created a new pattern of opening up to the outside world in a grand way to reshape the world economic pattern and has also greatly promoted the wave of OFDI and international capacity-building cooperation. 65 countries and regions covered by the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road" are among the most potential areas in the world in terms of investment in China's infrastructure, capacity cooperation and modern service industries. On the basis of remarkable results achieved in cooperation, formally entered the stage of comprehensive promotion in 2015. Policy communication, facilities connectivity, trade flow, financial intermediation and people-to-people exchanges and communication are the main contents of the "Belt and Road Initiative" strategy and continue to promote China's direct investment in countries along the line. From 2008 to 2014, China's direct investment in countries along the "One Belt and One Road" grew rapidly, its direct investment flow increased from 41.43 billion US dollars to 13.6 billion US dollars, an average annual growth rate of 61.1%, and investment in 49 Countries and regions, mainly to Singapore, Indonesia, the United Arab Emirates, Algeria and Russia and other countries [1]. In the future, with the acceleration of the construction of China Unicom, along with the deepening of capacity cooperation and the effective construction of financing platform, China will effectively promote direct investment in the "One Belt and Road" into the "fast track" for accelerated development. However, China still faces some prominent problems such as uneven distribution of investment area, slow upgrading of investment industry structure and prominent investment risks. Therefore, it probes deeply into the efficiency and trend of China's direct investment in key countries along the route, The Belt and Road "The sustainable development of investment has very important theoretical and practical significance.