The paper “FDI and the Export Quality Upgrading: Evidence from the Chinese Manufacturing Firms” was published in the 6th issue of “Journal of Financial Research” in 2018. Associate Professor Tingting WANG of the School of Finance was one of the coauthors.

Abstract: This paper studies the impact of FDI on the export quality of Chinese enterprises based on the upstream and downstream linkage，and we also decompose the impact in to that of FDI in the upstream service industry and upstream manufacturing industry. Furthermore，this paper discusses the differences of the upstream FDI on the export quality according to the trade patterns，ownership and regions. We find that the upstream FDI in service industry will significantly improve the export quality of the downstream enterprises，but upstream manufacturing FDI will reduce the export quality of the downstream enterprises to some extent. And the impact of the upstream comprehensive FDI is ambiguous because of the structure of the FDI in China. And at the same time，FDI mainly affects the downstream non－pure processing trade enterprises，non state－owned enterprises and enterprises in the high market－oriented areas.

Key words: FDI of the Upstream Service Industry; FDI of the Upstream Manufacturing Industry; Export Quality