Panel Data Analyses on FDI and China's Exports: 1995 - 2002

Based on data for the years 1995 to 2002, this paper has established a panel data model that reflects the relationship between China's foreign direct investment and China's exports, and regarding this, empirical analysis is made. The selected countries and regions include: Hong Kong of China, China's Taiwan, Japan, South Korea, the European Union, and the United States. We have found that the relationship between the accumulated FDI (FDE stock) of different countries and regions in China and Chinese exports to the target countries is quite strong.