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Catalog | First-level indicators | Second-level indicators | Measurement | Data source |
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Input | Political environment | Government stability (×1) | Government stability from ICRG | PSR group |
Political relations with China (×2) | Number of years that diplomatic relations with China | Government website |
Military in stability (×3) | Military in stability from ICRG | PSR Group |
Economic environment | Openness (×4) | The proportion of a country’s imports and exports to GDP | Calculated by data of World Bank |
Economic freedom (×5) | Economic freedom index | Heritage Foundation |
Trade relations with China (×6) | The proportion of imports and exports between the country and China in the country’s total imports and exports | Calculated by data of World Bank and China Statistical Yearbook |
Monetary freedom (×7) | Risk for inflation from ICRG | PSR Group |
Institutional environment | Investment promotion policy (×8) | Investment profile from ICRG | PSR Group |
Completeness of law and regulations (×9) | Law and orders from ICRG | PSR Group |
Humanistic environment | Human development (×10) | Human development index | UNDP |
Cultural communication (×11) | Sum of Confucius Institutes and Confucius Classrooms in host country | Confucius Institutes Annual Development Report |
Tourism communication (×12) | Proportion of international tourism revenue in exports | World Bank |
Social environment | Technical level (×13) | Proportion of high-tech exports in total exports | World Bank |
Informatization level (×14) | Individuals using the internet (% of population) | World Bank |
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Output | China’s outward FDI stock in transport by country and region | China’s outward FDI stock by country and region multiplied by the proportion of transportation/storage and postal service | Statistical Bulletin of China’s Outward Foreign Direct Investment |
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