Based on the analysis of the spatial and temporal patterns of Taiwan's Direct Invest-ment(TDI)in manufacturing from 2009 to 2021,a panel regression model was established to ex-plore the impact of important external events on the location choice of TDI in manufacturing in-dustry and different sub-sectors of manufacturing industry.The results show that:(1)From 2009 to 2021,the amount of TDI in manufacturing industry showed a state of mutual growth and de-cline between investment in the Chinese mainland and outside the Chinese mainland.For the in-dustry type,the state of mutual growth and decline of TDI in technology-intensive industries was the most prominent.TDI in manufacturing industry with the Chinese mainland as the core of the regional characteristics of investment gradually weakened,and technology-intensive and labor-in-tensive manufacturing industries have the most obvious trend of regional transfer.(2)The im-pact of Sino-US trade friction on the amount of TDI in manufacturing industry is significant,the impact of Sino-US trade friction on location choice of TDI in manufacturing industry is not sig-nificant.The"New Southbound Policy"has a promotion effect on TDI in manufacturing to"New Southbound"countries.The COVID-19 pandemic has no significant impact on the loca-tion choice of TDI in manufacturing.Market size,labor cost,technological level,trade openness and distance are still important factors influencing the location choice of TDI in manufacturing industry.
Taiwan's Direct Investment(TDI)manufacturinglocation choiceSino-US trade frictionNew Southbound PolicyCOVID-19 Pandemic