ABSTRACT:The foreign direct investment brings to us advanced technology and ideas and can promote the development of our country's economy. Meanwhile, however, it also brings the country's ecological environment adverse effect. Since the reform and opening to the outside world, our country has introduced a large number of foreign direct investment, the manufacturing industry, which makes a significant proportion of foreign direct investment has caused serious carbon dioxide emissions and brought the construction of our country’s low carbon economy great negative effects.
How can low-carbon economy lead the direction of the use of foreign capital? This paper, on the basis of the research at home and abroad, combined the theoretical analysis with empirical analysis to analyze this question. This article firstly analyzes the present development situation of foreign direct investment in China as well as the investment distribution in various fields, and emphatically analyzes the manufacturing industry whose carbon emissions is most serious. It analyses the foreign direct investment situation, pollution and carbon emissions in manufacturing industry. Finally it analyzes and summarizes the distribution of foreign direct investment and situation of carbon dioxide emissions in manufacturing and other large industries. This paper sums up the relations between the foreign direct investment in any industry with carbon dioxide emissions. According to the results of the analysis, under the background of low-carbon economy, China should lead foreign investment to industries in which carbon emissions are relatively low such as the financial services industry, agriculture, high-tech industry. As for manufacturing industry which has the highest carbon emissions, foreign capital should be introduced to instrument manufacturing industry and garment industry through internal adjustment. Meanwhile, we should improve the efficiency of the use of foreign capital in order to reduce carbon emissions through technical innovation.
Keywords: FDI; low-carbon economy; the manufacturing industry; carbon dioxide emissions; technical innovation...