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Academic Journal of Business & Management, 2024, 6(4); doi: 10.25236/AJBM.2024.060420.

The Impact of OFID on China's High-tech Product Exports—Empirical Evidence from RCEP Member Countries


Xinying Qu1, Yuqing Wang2, Junkang Fu3

Corresponding Author:
Xinying Qu

1Beibu Gulf Ocean Development Research Center, Beibu Gulf University, Qinzhou, China

2School of Marxism, Guangxi Normal University, Guilin, China

3School of Economics, Guangxi University for Nationalities, Nanning, China


This article uses country panel data from the Chinese Ministry of Commerce from 2006 to 2019 to construct a fixed effects model and study the impact of OFID on China's high-tech product exports to Japan, South Korea, Thailand, Singapore, and Indonesia. The conclusion drawn from this article is: (1) The increase in China's OFID stock can promote the export of high-tech products; (2) The increase in China's OFID stock can optimize the structure of export products. Based on the above conclusions, this article proposes relevant countermeasures and suggestions from the aspects of leveraging resource endowment advantages, strengthening international cooperation and negotiations, and optimizing export product markets.


OFID, High-tech products Exports, Export Product structure

Cite This Paper

Xinying Qu, Yuqing Wang, Junkang Fu. The Impact of OFID on China's High-tech Product Exports—Empirical Evidence from RCEP Member Countries. Academic Journal of Business & Management (2024) Vol. 6, Issue 4: 125-129. https://doi.org/10.25236/AJBM.2024.060420.


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