Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)

The Effect of Opening China-Europe Railway Express on the FDI in China from the Countries Along the Routes

Authors
Shiyuan Hu
Corresponding Author
Shiyuan Hu
Available Online 18 September 2021.
DOI
10.2991/aebmr.k.210917.014How to use a DOI?
Keywords
China-Europe Railway Express, PSM-DID, FDI
Abstract

This paper theoretically explores the mechanism of the influence of opening China-Europe Railway Express on China’s absorption of FDI, then applies the panel data of 128 countries from 2008-2017 in the PSM-DID model to prove a stimulative effect of opening the trains on China’s FDI from the counties along the routes. Meanwhile, the levels of the countries’ economic growth are proved to have a positive correlation with their FDI towards China. From this research, it is concluded that the opening of China-Europe Railway Express has brought mutual benefits leading to a win-win situation. Afterwards, policy recommendations are put forward in the aspects of management system, infrastructure improvement and so on.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
18 September 2021
ISBN
10.2991/aebmr.k.210917.014
ISSN
2352-5428
DOI
10.2991/aebmr.k.210917.014How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Shiyuan Hu
PY  - 2021
DA  - 2021/09/18
TI  - The Effect of Opening China-Europe Railway Express on the FDI in China from the Countries Along the Routes
BT  - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)
PB  - Atlantis Press
SP  - 82
EP  - 86
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210917.014
DO  - 10.2991/aebmr.k.210917.014
ID  - Hu2021
ER  -