Notice of RetractionThe impact of RMB exchange rate volatility on Jiangsu Foreign Direct Investment

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Main fundamental factors for obtaining foreign direct investment are the economic development level and investment environment of a country. The more rapidly the economy develops and the better investment environment improves, the more FDI flow into the country. Except for fundamental factors, however, there are many financial variables including exchange rate. Exchange rate volatility changes the quantity of the cost and yield which is exchange into domestic currency. Therefore, it is meaningful to study on the impact of exchange rate on FDI flowing into a country or a region and to develop the economy. Now many literatures have referenced to the relationship of exchange rate and FDI. Nonetheless, little research study on the relationship of exchange rate and FDI in Jiangsu province. So a more comprehensive econometric regressive model will be established in this paper, which contains more variables, to analyze the relationship of exchange level change and exchange rate volatility on FDI in Jiangsu province. The main conclusion will be referenced by economy development of Jiangsu province.