Research on the Spillover Effect of FDI in China

Spatial exploratory data analysis technology is used to analyze the spatial correlation, spatial cluster characteristics and spillover effects of FDI in China from 2002 to 2016. It is found that the level of FDI is increasing from 4343 billion yuan in 2002 to 15197 billion yuan in 2016, has generally increased before 2012, but it fluctuates, and the growth rate has slowed down after 2012. The Moran's I of FDI in China from 2002 to 2016 exceed 0.16 and has all passed the test of significance at 5% level, indicating that there is a significant spatial cluster effect of FDI in China. Overall, 73.33%, 70% and 76.67% of the cities are located in the first and third quadrants of Moran scatter plots in 2002, 2009 and 2016, respectively, indicating that FDI has a positive spatial correlation in China, and the distribution of spatially autocorrelated cities is rather stable. Then, FDI have significant spatial cluster characteristics, which forms two cluster regions: high-FDI high-high cluster regions and low-FDI low-low cluster regions, and the former expanded and the latter reduce during the years.