School of Business and Management Department of Economics 194 Firms in Globalization: Evidence from China Supervisor: LI Yao / ECON Student: GUO Liangyu / ECOF Course: UROP1000, Summer Since its launch in 2013, China’s Belt and Road Initiative (BRI) has enabled the Chinese government to actively invest in nearly 170 countries globally with a focus on large-scale infrastructure construction projects and energy goods. This progress report presents how the Belt and Road Initiative affects China’s different types of trade and OFDI patterns at aggregate and sector level. We found that at aggregate level, countries receiving higher amount of OFDI from China also have high level of trade flow with China. Also, being a initially targeted BRI country will increase the possibility of receiving higher OFDI given the same amount of trade value with China. For energy sector, there also exist positive association between trade flow value and China’s OFDI, and being a BRI country will increase its OFDI given the same amount of China’s import to that country. Firms in Globalization: Evidence from China Supervisor: LI Yao / ECON Student: YU Yue / MAEC Course: UROP1000, Summer Production quantity and product type of a firm are significant data in analyzing the firm’s operation. In this report we use the data from the National Bureau of Statistics of China firm-product level production survey that contains physical output quantity information. This report summarizes our group’s findings of UROP 1100 in Summer 2021. Given the productivity data which contains product type, and output quantity, our group aims to find the pattern between firm survival and product scope. Firms in Globalization: Evidence from China Supervisor: LI Yao / ECON Student: CHAN Cheuk Yin Rudolph / ECON Course: UROP1100, Summer In this paper, we describe the data cleansing process of the Chinese firm production dataset with the product code classification dataset to identify the hidden products, and construct the product scope, product rank and core product at the level of the most disaggregated products. We find that the singleproduct firms are the overwhelming majority in the full sample and their proportions have climbed consistently over time. The new entrants and exiting firms show similar pattern until 2006, and the total figures in 2007 and 2009 are significantly smaller than those from previous years. Besides, among the surviving firms, the proportion of single-product firms switching from multiproduct firms are consistently greater than that of the other way around until 2006, and the potential data quality issue in 2007 flip the picture around temporarily.
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