The multi-radiation effects of China's Overseas Economic and Trade Cooperation Zones:A case study of the Lekki Free Trade Zone in Nigeria
Overseas economic and trade cooperation zones not only promote China's export trade and foreign direct investment,but also enhance the economic development and people's welfare of host country.As a foreign investment project,the cooperation zone has a significant impact on the economy,society,culture and environment of host country during its own develop-ment.Therefore,the research on the multi-radiation effects of China's overseas economic and trade cooperation zones is of great significance.The paper constructs a theoretical framework of multi-radiation effects of China's overseas economic and trade cooperation zone,and takes Nige-ria's Lekki Free Trade Zone as an example to explore the paths and comprehensive effects of multi-radiation generated by zones.The results show:① China's overseas economic and trade cooperation zones have multi-radiation effects on the host country in terms of economy,culture,technology and society.The four radiation effects are closely related to each other,and jointly fa-cilitate the economic and social development of host country.②The radiation effects of Lekki Free Trade Zone show significant differences in different dimensions,among which the econom-ic,cultural and social radiation effects are favorable,but the technology radiation effects are not prominent.The technology radiation depends on the two-way matching between the park and the host country.③ In order to better play the multi-radiation effects of overseas economic and trade cooperation zones,the cooperation zones should be further improved in industrial develop-ment,cultural exchange,technology spillover,construction of people's livelihood and so on.
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