Research on the impact of industrial intelligence on FDI: empirical evidence from China

ABSTRACT

Industrial intelligence (II) has revitalized traditional industries, leading to profound economic transformations. This paper aims to explore the impact of II on FDI, providing valuable insights for relevant authorities and businesses. Using China’s provincial panel data from 2010 to 2020, this study examines the impact of II on FDI, along with the moderating role of marketization and the mediating role of industrial structure upgrading. The findings indicate that II promotes FDI, marketization enhances this positive impact, and both industrial structure supererogation and rationalization partially mediate the effect of II on FDI.

KEYWORDS:

• Industrial intelligence
• FDI
• marketization level
• industrial structure upgrading

JEL CLASSIFICATION:

• F21
• O39

Acknowledgements

We are thankful for the suggestions and efforts from the reviewers and editors.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Author contributions

Zhimin He is responsible for study framework design, data analysis, and manuscript writing. Huaichao Chen is responsible for study framework design and manuscript writing. Jingwei Hu participates in data compilation and is responsible for manuscript revision. All authors contribute to the study and agree to publish the study.

Consent to publish statement

All authors agree to the publication of this study.

Data availability statement

Data are available from the sources identified in the study.

Additional information

Funding

This study is supported by the Special Program of Science and Technology Strategic Research of Shanxi Province “Study on the Impact Mechanism and Countermeasures of Industrial Intelligence on Ecological Efficiency in Shanxi Province” (Grant No. 202304031401038) and Shanxi Scholarship Council of China “Study on the influence mechanism and countermeasure of digital economy on the upgrading of equipment manufacturing industry in Shanxi Province” (Grant No. 2021-063).