In recent years,China's outward foreign direct investment(OFDI)has risen significantly,arousing considerable interest in the motivations and drivers of Chinese overseas investment.This paper selected 27 host country-related indicators and extracted the common factors using the factor analysis method.This paper discusses the determinants of China's OFDI location choice by using panel data regression method,and focuses on the differences between Belt and Road countries and non-Belt and Road countries.The results show that the favorable institutional environment and strong market demand of host countries have a positive influence on Chinese foreign investment.Besides,China's investment in Belt and Road Initiative countries is more prone to a country with less developed technology and unreasonable energy utilization.China's OFDI can promote technological progress in these countries and making full use of their advantage resources for economic development.As China's economy has entered a"new normal",its global influence has risen,and the relationship between the host countries and China has also mattered more on China's OFDI decisions.This effort provides important supports for optimizing the location choices of Chinese enterprises'foreign investment.

Lili PAN;Qianqian FENG;Jianping LI;Lin WANG

School of Economics and Management,University of Chinese Academy of Sciences,Beijing 100190,China;Institutes of Science and Development,Chinese Academy of Sciences,Beijing 100190,China; School of Public Policy and Management,University of Chinese Academy of Sciences,Beijing 100049,China;Glorious Sun School of Business and Management,Donghua University,Shanghai 201620,China

系统科学与信息学报（英文版）

[1]Lili PAN;Qianqian FENG;Jianping LI;Lin WANG-.Determinants of China's OFDI Location Choices:A Comparison Study Between BRI Countries and Non-BRI Countries)[J].系统科学与信息学报（英文版）,2022(01):1-18

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