Analysis of the Current Situation and Countermeasures for Attracting Foreign Investment in Western China
According to data from the Ministry of Commerce's"China Foreign Investment Statistical Bulletin(2023)",in 2022,the number of newly established foreign-invested enterprises in the eastern,central,and west-ern regions accounted for 86.6%,7%,and 6.4%respectively,while the actual amounts of foreign investment uti-lized were 86.9%,7.3%,and 5.8%respectively.From both the scale and utilization rate of foreign investment,the overall situation in the western region is significantly below the national average.This article will focus on data from 2013 to 2022 regarding foreign direct investment in the western region and its influencing factors.It will use foreign direct investment,the proportion of tertiary industry output value to GDP,market size,infrastructure con-struction,the number of foreign-invested enterprises,and the degree of openness as explanatory variables.By ana-lyzing these factors,this study aims to provide corresponding strategies for attracting foreign investment to the west-ern region,addressing the issue from its source,contributing to the goal of"common prosperity"under socialism with Chinese characteristics,and offering reference ideas for other underdeveloped regions in China based on local conditions.