Does the Foreign Direct Investment in RCEP Realize the Technical Benefits?
Since the negotiation of the RCEP framework,the interest integration mechanism of major countries in East Asia,Southeast Asia and the Atlantic region has gradually formed.This paper mainly discusses whether the direct investment of enter-prises in RCEP member countries has realized the technical benefits,and whether the technical benefits are greater than the direct investment of enterprises in countries along the Belt and Road.The study found that during 2009-2019,China's listed companies have generally obtained higher technical benefits from direct investment in the current RCEP member countries.The technical benefits obtained from direct investment in current RCEP member countries are generally higher than those obtained from direct investment in countries along the Belt and Road.In addition,the article also carried out the necessary test and expansion analysis.The research conclusions provide empirical enlightenment for China to further make full use of the RCEP mechanism to achieve corporate interests,and also an attempt to explore the effectiveness of the RCEP mechanism from the perspective of interest inte-gration.
Outward foreign direct investmentTechnology benefitsRCEPInterest integration
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