Research Article
Research on the Impact of RCEP National Doing Business on China's OFDI
@INPROCEEDINGS{10.4108/eai.26-5-2023.2334466, author={Yihui Zhao}, title={Research on the Impact of RCEP National Doing Business on China's OFDI}, proceedings={Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26--28, 2023, Nanjing, China}, publisher={EAI}, proceedings_a={MSEA}, year={2023}, month={7}, keywords={rcep countries doing business outward foreign direct investment}, doi={10.4108/eai.26-5-2023.2334466} }- Yihui Zhao
Year: 2023
Research on the Impact of RCEP National Doing Business on China's OFDI
MSEA
EAI
DOI: 10.4108/eai.26-5-2023.2334466
Abstract
With the continuous upgrading of industrial structures in various economies around the world, countries around the world have accelerated outward foreign direct investment. The official signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) will undoubtedly have a profound impact on the development of the world economy and the economies of RCEP member countries. This article is based on China's outward foreign direct investment data to RCEP countries from 2015 to 2020, and based on the international production compromise theory and the outsider disadvantage theory, to study the impact of the doing business on the time cost, operating cost, and acquisition of relevant rights and interests of enterprises when entering the host country market. The research results indicate that the overall optimization of the doing business in RCEP countries has a positive influence on promoting China's outward foreign direct investment.
