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Academic Journal of Business & Management, 2022, 4(3); doi: 10.25236/AJBM.2022.040313.

Analysis of Influencing Factors of Total Foreign Direct Investment Based on Grey Relational Analysis

Author(s)

Zixuan Li1, Biao Wu2

Corresponding Author:
Zixuan Li
Affiliation(s)

1School of International Trade and Economics, University of International Business and Economics, Beijing, 100105, China

2School of Mathematics and Information Science, North Minzu University, Yinchuan, Ningxia, 750030, China

Abstract

After China joined the WTO, the level of China’s opening to the outside world has gradually increased, and the total foreign direct investment has shown an upward trend. The inflow of high-quality foreign capital will help promote the growth of China's consumption, investment and total imports and exports, and stimulate economic development. At the same time, the growth of total foreign direct investment can also further promote the level of China's opening to the outside world. This paper uses the grey relational analysis method to conduct an empirical analysis on the index system composed of the influencing factors of the national total foreign direct investment. The research shows that each index in the index system has different degrees of influence on the total foreign direct investment. This article starts from the influencing factors, and formulates corresponding suggestions for the country to formulate the opening-up policy.

Keywords

total foreign direct investment, grey relational analysis, indicator system

Cite This Paper

Zixuan Li, Biao Wu. Analysis of Influencing Factors of Total Foreign Direct Investment Based on Grey Relational Analysis. Academic Journal of Business & Management (2022) Vol. 4, Issue 3: 72-77. https://doi.org/10.25236/AJBM.2022.040313.

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