The Status Quo, Problems and Countermeasures of Chinas Direct Investment to ASEAN
Journal: International Journal of Science and Research (IJSR) (Vol.7, No. 4)Publication Date: 2018-04-05
Authors : XiaoBing Jiang; Li ming Liu;
Page : 198-202
Keywords : China; foreign direct investment; ASEAN;
Abstract
As the world& #039, s major economy, ASEAN has become one of the fastest growing regions in the world with the smooth progress of integration. Its member states are in the closest zone to China in the 21st Century Maritime Silk Road and have become the main battlefield for the implementation of the Belt and Road strategy. These countries have strong complementarities with China in terms of resource endowments, economic structure and other aspects. They have an important strategic position in China& #039, s economic development and provide a vast market platform for Chinese enterprises to go global. In 2016, China& #039, s investment flow to the 10 ASEAN countries was 10.279 billion U. S. dollars and its stock was 71.554 billion U. S. dollars. Based on this, this article attempts to analyze the status quo and problems of China& #039, s direct investment in ASEAN, and put forward countermeasures and suggestions in order to better understand the economic cooperation between China and ASEAN, China& #039, s investment in the construction of the Belt and Road positioning options, optimal allocation of resources It is of great significance.
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