The Correlation of FDI Foreign Trade and Economic Growth in Ethnic Minority Areas-Based on An Empiri

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International trade and investment have been two major topics in the field of interna-tional economics. They are also two main ways to deepen foreign economic ties. With the rapid de-velopment of the China—ASEAN free trade area and the Beibu Gulf Economic Zone, international trade and investment have had an important influ-ence on the ethnic areas of Guangxi. Guangxi is a frontier and coastal minority area, and as well as an important window opening on to the ASEAN e-conomic sphere and economic hinterland. It has great power and vitality for economic development within the ASEAN economic sphere. However, Guangxi, if compared with domestic developed are-as, is a relatively backward region within China’s economy. Its level for utilizing FDI( Foreign Direct Investment) lags behind, and its foreign trade vol-ume has definitely lagged far behind that in the more developed coastal provinces. This has severe-ly restricted the economic and social transformation of the Guangxi, and is an important obstacle for re-alizing a “well -off” society in ethnic areas. In recent years, resulting in the increasing external dependency in ethnic areas, the development of foreign investment has kept steady. This has played an important role in promoting technological progress and adjusting the industrial structure in ethnic areas. At the same time, foreign investment has also increased the speed of the ethnic minority areas’ ability to absorb advanced technology and management experience. This, in turn, has had great significance for further exploring international markets. However, the various regions in China have differences in their utilization of FDI and for-eign trade, so, effective an evaluation for exploring foreign trade and FDI has had a specific effect on the economic growth in ethnic areas, which can provide certain reference points for ethnic minority areas to formulate economic policy. Based on the relevant data of exports, imports and economic growth collected between 1990 and 2013 for Guan-gxi, and using statistical analysis and the econo-metric regression method, this article studies the relationship between FDI, foreign trade and eco-nomic growth in ethnic minority areas of Guangxi.
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