An Empirical Study on the Impact of Tax Competitiveness on China's Direct Investment in Other RCEP Member States
Other RCEP member countries have gradually become hot spots for China's OFDI,and the level of tax competitiveness of the host country to a certain extent represents the local investment environment,which has an important impact on attracting China's OFDI.This study finds that the improvement of tax competitiveness in RCEP countries significantly promotes China's OFDI.From the perspective of intermediary effect,the improvement of the tax competitiveness of the host country has accelerated the optimization and upgrading of the local industrial structure,promoted the development of the local economy,and further promoted the increase of China's foreign investment.From the perspective of regulatory effect,the renewal of tax treaties has a positive regulatory effect on the tax competitiveness of host countries,which helps to attract foreign capital inflows.China should do a good job in investigating and studying the tax environment of RCEP member countries,strengthen tax cooperation between governments,focus on improving tax competitiveness,promote tax reform,and continuously optimize the tax team.Chinese enterprises should fully investigate the domestic and foreign markets,increase their sensitivity to changes in the tax environment of the host country,reduce the tax related risks of foreign investment,and attach importance to the cultivation of international professional talents.
NETL
NSTL
万方数据
