Proceedings of the 3rd International Conference on Big Data Economy and Digital Management, BDEDM 2024, January 12–14, 2024, Ningbo, China

Research Article

Impacts and Mechanisms of the Host Country’s Digital Economy on the OFDI of Chinese Enterprises

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  • @INPROCEEDINGS{10.4108/eai.12-1-2024.2347241,
        author={Yifei  Wang},
        title={Impacts and Mechanisms of the Host Country’s Digital Economy on the OFDI of Chinese Enterprises},
        proceedings={Proceedings of the 3rd International Conference on Big Data Economy and Digital Management, BDEDM 2024, January 12--14, 2024, Ningbo, China},
        publisher={EAI},
        proceedings_a={BDEDM},
        year={2024},
        month={6},
        keywords={host countries; digital economy; ofdi; intermediation effects},
        doi={10.4108/eai.12-1-2024.2347241}
    }
    
  • Yifei Wang
    Year: 2024
    Impacts and Mechanisms of the Host Country’s Digital Economy on the OFDI of Chinese Enterprises
    BDEDM
    EAI
    DOI: 10.4108/eai.12-1-2024.2347241
Yifei Wang1,*
  • 1: Shanghai University of Finance and Economics
*Contact email: 2664577278@qq.com

Abstract

This study develops a framework for evaluating the digital economy and empirically examines the effects of the host country’s digital economy on Chinese enterprises’ outward foreign direct investment. The sample consists of 41 nations along the “Belt and Road” from 2010 to 2019. The findings indicate that the growth of the host country’s digital economy plays a vital role in fostering the outward investment of Chinese enterprises. Additionally, it influences the size of the outward investment by enhancing system quality and lowering trade costs. Finally, this paper offers relevant recommendations on how to improve the digital economy and the high-quality outward investment in China.