w88 casino News Network (Reporter Yang Baixueyu)4month12日夜19:00, the "Economic Observation Week" organized by the International w88 Society held an opening ceremony in the Chengxin third-floor conference hall. Wang Yuesheng, Director of the Department of International Economics and Director of the Institute of International Economics at Peking University, delivered a speech at the opening ceremony with the theme "Chinese Enterprises' Overseas Investment andFDIThe model of a late-developing great power.

Cui Fan, deputy dean of the w88 casino of International Economics and w88 of w88 casino, delivered a speech as a special guest. "Chinese enterprises' overseas investment is currently developing rapidly. From a long-term perspective, overseas investment is an important channel for integrating China's economy into the world economy. "Professor Cui Fan also pointed out that although the country has proposed the "going out" strategy, there is huge space for the development of foreign investment, but the level of theoretical understanding is insufficient. Therefore, he hopes that students from the University of w88 and Economics can cultivate strategic vision, improve theoretical literacy, and make contributions in the field of foreign investment.

Cui Fan, Vice Dean of the w88 casino of International Economics and w88, delivers a speech

Professor Wang Yuesheng explained the economic phenomenon of the rapid growth of Chinese enterprises' foreign investment from an academic perspective through the analysis of investment growth rate and investment areas.

Professor Wang Yuesheng put forward two reasons why Chinese enterprises’ overseas investment has grown rapidly. First, the development of economic globalization has prompted China to cultivate multinational enterprises with international competitiveness. Second, China's economic development has provided the necessity and possibility for enterprises to invest abroad, and foreign investment has become a key to solving China's economic problems. In addition, Professor Wang Yuesheng also introduced the asset utilization theory, asset-seeking theory and several latest foreign investment theories to explore the reasons for enterprises to invest abroad.

The audience was very interested

At present, the foreign investment of developing countries such as the "BRIC" countries is growing rapidly, but the existing theory is not enough to fully explain this phenomenon, so Professor Wang Yuesheng proposed the theory of the "latecomer power model". The "later-developing power model" has five major characteristics: first, the development of foreign investment exceeds the general rules expressed by Dunning's standards; second, the motivations for foreign investment are complex, covering all possible reasons for investment so far; third, late-developing powers have unique advantages in the context of the restructuring of the world economy in the era of economic globalization; fourth, late-developing powers have government support and even government leadership to a certain extent; fifth, the huge foreign exchange reserves formed by export w88 have become the main factor in promoting the growth of foreign investment.

However, Professor Wang Yuesheng also said that the "latecomer great power model" still needs to be proven.

Audience question

Professor Wang Yuesheng’s speech deeply inspired the audience. The audience asked questions and discussed with him cases of Chinese enterprises’ overseas investment.

Finally, the staff sent flowers to Professor Wang Yuesheng to express their gratitude.

Staff presented flowers to Professor Wang Yuesheng