摘要
近年来,随着中国经济发展阶段、要素优势的变化以及产业链供应链调整的需要,中国制造业企业向东南亚的直接投资不断增多。本文认为当前中国制造业企业向东南亚投资主要存在四类动机:新型投资替代贸易动机、新型产业链配套动机、传统市场寻求动机、传统成本寻求动机。对外直接投资方式呈现一些新趋势,其中绿地投资更注重产业联动,跨国并购风险意识明显增强。中国制造业企业向东南亚投资既有新机遇,又有新挑战。新机遇主要包括:提升国际竞争力、优化全球经营和激发国内创新:新挑战主要包括:国内产业流失、就业减少和技术升级放缓。政策方向上,要鼓励和支持制造业企业向东南亚“走出去”,使其更好服务于中国产业转型升级,助力经济高质量发展。
Chinese manufacturingg enterprises have continuously increased their outward direct investment in Southeast Asian countries in recent years amid changes in the country's economic development stage,factor advantages and the adjustment of industrial and supply chains.This article argues that there are four main motives for the shifting investment:new investment and trade substitution motive,new industrial chains motive,traditional seeking growth in markets motive,and seeking to lower costs motive.The OFDI has presented some new trends,such as more attention paid to industrial linkage in greenfield investment and significantly enhanced risk awareness in cross-border mergers and acquisitions.There are both opportunities and challenges for such investment.New opportunities include:enhancing international competitiveness,optimizing global operations of concerned enterprises,and stimulating their domestic innovation.New challenges mainly include the risk of shifting of domestic industries to other countries,loss of jobs,and slowdown of technological upgrading.In terms of policy direction,it is advisable to encourage and support domestic manufacturing enterprises to invest in Southeast Asia,but meanwhile make sure it can help China's industrial transformation and upgrading,and its high-quality economic development agenda.
出处
《国际经济评论》
北大核心
2024年第1期91-120,7,共31页
International Economic Review
基金
上海社会科学院创新工程“国际制度创新研究团队”的阶段性研究成果。
