中日相互直接投资的特点及未来走势研究  

Research on Features and Future Trends of China-Japan Mutual Investment

作　　者：刘红 侯振玲 LIU Hong HOU Zhen-ling(Research Center for the Economies and Politics of Transitional Countries, Liaoning University, Shenyang, Liaoning, 110036 School of International Studies, Liaoning University, Shenyang, Liaoning, 110036,China)

机构地区：[1]辽宁大学转型国家经济政治研究中心,辽宁沈阳110036 [2]辽宁大学国际关系学院,辽宁沈阳110036

出　　处：《日本问题研究》2017年第4期17-24,共8页Japanese Research

基　　金：国家社科基金2017年项目(17BGJ068);2016年辽宁省教育厅基地项目(WJD201601)

摘　　要：中日两国都是资本输出大国,但两国的相互直接投资却呈现出规模相差悬殊、行业分布各有侧重、投资方式迥异等特点。这些特点的形成与中日两国各自的比较优势、经济发展阶段以及引资政策差异等因素密切相关。随着这些影响因素的改变,未来日本对华直接投资将在稳步增长中进行结构调整,由低端制造业向中高端制造业以及非制造业转移。而中国对日直接投资则将进一步释放增长潜力,在增加对旅游、房地产等非制造业投资的同时,对制造业的投资也将呈增长之势。长久以来两国相互直接投资规模严重失衡的局面将得到一定的改观,两国间的相互直接投资或将迎来良性互动的新局面。Though both China and Japan are big exporters of capital, their direct mutual investmentsdiffer greatly in size, industry distributionand investment methods. The formation of these features has a close relation with the China-Japan comparative advantages, economic development stage and policy of import capital. As these factors change, Japan＇s direct investmentstowards China will adjust structurally and transfer from low-end manufacturing industry to medium and high-end manufacturing industry and non- manufacturing industry under the background of steady growth. Meanwhile, China＇s direct investmentsto- wards Japan will unlock the growth potential, and not only increase the investment on tourism, real estate and other non-manufacturing industries, but also the manufacturing industry. There will be some improve- ment and a new situation of benign interaction for the severe long-term imbalance of China-Japan direct mutual investment.

关 键 词：日本对华投资 中国对日投资 投资失衡 

分 类 号：F1[经济管理—世界经济]