Manufacturing Outward Foreign Direct Investment and Regional Value Chains Construction under the Belt and Road Initiative

Authors

  • Shu Wang

DOI:

https://doi.org/10.54097/fbem.v7i1.3748

Keywords:

The Belt and Road, Regional Value Chains, Outward Foreign Direct Investment, Private Enterprises.

Abstract

In the context of economic deglobalization and the reconstruction of global value chains, the survival and development of the manufacturing industry has encountered multiple difficulties. This paper will discuss how Chinese private enterprises in the manufacturing industry can build regional value chains by effectively investing in countries along the "Belt and Road" through OFDI, and complete their own transformation and development as well as enhance their value chain positions through the construction of regional value chains.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

References

Navaretti, G. B. and Venables, A. J. Multinational Firms in The World Economy. Princeton: Princeton University Press, 2004.

Ietto-Gillies, G. Transnational Corporations and International Production: Concepts, Theories and Effects. Cheltenham: Edward Elgar, 2005.

Blomstermo, A. and Sharma, D. D. Three Decades of Research on the Internationalisation Process of Firms. In Blomstermo, A. and Sharma, D. D. (eds), Learning in the Internationalisation Process of Firms. Cheltenham: Edward Elgar Publishing Limited, 2003.

Vernon R., “International Investment and International Trade in the Product Cycle” [J]. The Quarterly Journal of Economics, 1966, Vol.80, No.2: 190-207.

Pham, H. M. FDI and Development in Vietnam: Policy Implications. Singapore: Institution of Southeast Asian Studies, 2004.

Rugman, A. M. Inside the Multinationals. London: Croom Helm Ltd, 1981.

Dunning, J. H. The Eclectic Paradigm As an Envelope For Economic And Business Theories of MNE Activity. International Business Review, 2000, Vol.9: 163-190.

Wei, L. and Wang, L., From Embedding Global Value Chains to Leading Regional Value Chains: The Economic Feasibility Analysis of the "One Belt and One Road" Strategy [J]. Journal of International Trade 2016, (5):104-105.

Mankiw, N. G. Principles of Economics. The USA: Thomson, 2004.

Chu, F.L., Analysis on the Labor Cost of “the Belt and Road” Countries [J]. Journal of Beijing Vocational College of Labour and Social Security 2018, 12(4):3-8.

Gereffi G., International Trade and Industrial Up grading in the Apparel Commodity Chains [J].Journal of International Economics 1999, (48): 37-50.

Bai, Y.X. and Wang, S.J. Study on the Coordinated Development of the View of Value Chain Division of Labor under the Silk Road Economic Zone Core Area of Industrial Economy[J]. Journal of Northwest University (Philosophy and Social Sciences Edition) 2015, 45(3): 41-49.

Liu, B., Wang, J. and Wei, Q., Outwards Foreign Direct Investment and Value Chain Participation: Position and Upgrade Mode[J]. Journal of Quantitative & Technological Economics 2015 (12): 39-56.

Downloads

Published

20-12-2022

How to Cite

Wang, S. (2022). Manufacturing Outward Foreign Direct Investment and Regional Value Chains Construction under the Belt and Road Initiative. Frontiers in Business, Economics and Management, 7(1), 68–72. https://doi.org/10.54097/fbem.v7i1.3748

Issue

Section

Articles