New Characteristics,New Risks,and Development Space of China's Investment in US
The US is the world's largest economy and China's largest trading partner,possessing significant advantages in the market,resources,technology,and talent.Starting from 2017,the US policy towards China has gradually shifted from trade and investment restrictions to comprehensive industrial competition.During this period,China's investment in the US significantly decreased,and it entered a new adjustment phase,showing new characteristics in terms of scale,industry,method,and regional distribution.Changes in the US regulatory environment,adjustments in the US industrial policies,international geopolitical conflicts,and public emergencies have brought new risks to Chinese enterprises'investment in the US.As an important in-vestment destination for Chinese enterprises,the US still has a large development space for development in offering robust opportunities for China to acquire technologies,accelerating innovation breakthroughs,pro-moting agricultural development,and securing strategic mineral resources.Therefore,it is imperative for China to clearly define investment objectives,strengthen risk management,and steadily promote the high-quality development of investment in the US.
OFDIChina-US relationsindustrial competitioninstitutional opening-upmanufacturing industryhigh and new technologies