Page 26 - FDMASIA JanFeb 2024

24 FeatUres Jan/Feb 2024 FDM AsiA | www.fdmasia.com

employees’ training. Employees should be trained in technical
and professional skills before and during work so that their
profciency will be promoted to improve labour productivity.
Regular training is one important way to improve staff
quality, especially in the transformation and upgrading of the
industry. Enterprises can also make full use of the network to

establish internal learning platforms to encourage employees
to carry out independent learning.
There are differences in the impact of foreign direct
investment on the quality of exported products in different
types of industries. This study shows that foreign direct
investment signifcantly negatively impacts the quality of
exported wood-based panels after controlling endogeneity
and testing robustness while having no defnite impact on
the quality of exported paper products and wood furniture.

Therefore, we should approach foreign direct investment
rationally, improve the effciency of foreign investment utilisation,
the production and operation activities of each link in the and fully leverage the advantages of foreign investment,
enterprise need to be supported by corresponding levels of such as the foreign market information fow and advanced
human resources. Therefore, enterprises should pay attention technology brought about by foreign capital.
to introducing different levels of human resources. From the government’s perspective, it is not possible
They should not only introduce technical talents capable of to generalise to all industries and implement policies that

production and processing but also pay attention to introducing vigorously attract foreign investment in all industries.
management talents engaged in organisational management It is necessary to comprehensively consider factors such as
work and professional technical talents engaged in technical industry characteristics, development level, and development
research and development work to improve product production stage, formulate reasonable foreign investment introduction
effciency and reduce the export of labour-intensive, low-value- policies, continuously improve laws and regulations on foreign
added products, achieve the transformation and upgrading investment introduction, and create a good market competition
of export product quality, and enhance the competitiveness environment.
of export products. In addition, enterprises should treat foreign investment
In addition, in the current environment of artifcial rationally. The effcient management mode brought by foreign

intelligence emergence and labour cost increase, especially in investment may not be consistent with the development stage
labour-intensive industries like wood-based panels and wood of the enterprise.
furniture, enterprises should consider partial substitution of In the process of learning from foreign investment, enterprises
labour production factors, which aims to alleviate the operating should also fully consider their development situation and
pressure brought about by the rise in labour costs as well as pay attention to the localisation, integration, and application
the negative impact on the quality. of technology and management modes. FDM
Secondly, enterprises should also pay attention to the ENQUIRY NO. 1001