E3S Web Conf.
Volume 206, 20202020 2nd International Conference on Geoscience and Environmental Chemistry (ICGEC 2020)
|Number of page(s)||5|
|Section||Earth Geological Energy Mining And Landform Protection|
|Published online||11 November 2020|
Research on the Location Choice of Chinese Enterprises’ Overseas Investment under the Motivation for Seeking natural resources in Host Country
School of Economics and Management, Beijing Jiaotong University, Beijing, 100044, China
* Corresponding author: email@example.com
Since the “Belt and Road” initiative was put forward in 2013, China’s overseas investment has achieved rapid development. As a country with high energy consumption, China’s demand for the host country’s natural resources such as iron ore and fuel is increasing. The impact of motivation for seeking natural resources on the location choice of Chinese enterprises’ overseas investment has also received extensive attention. This paper selects the overseas investment records of Chinese companies in 40 countries from 2007 to 2017 as a sample. And this paper uses the conditional logit model to explore the impact of the host country’s natural resources on the location choice of Chinese enterprises’ overseas investment with different ownerships under the “Belt and Road” initiative. The study found that the natural resource endowment of the host country has a significant positive impact on the location choice of Chinese enterprises’ overseas investment. And it has a stronger promotion effect on the overseas investment of Chinese state-owned enterprises. The “Belt and Road” initiative has significantly improved the role of the host country’s natural resource endowment in the location choice of China’s non-state-owned enterprises’ overseas investment.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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