Abstract：
The dilemma of China’s export-enterprises’ productivity has been a hotspot of theory study. Theory indicates that the levels of enterprises’ productivities restrict their financing abilities, hence affect their export-destination choices and therefore have a significant influence on total factor productivity (TFP). Panel data tests show that financial support and export-destination choice increase TFP, however, different outer financing have different effects. Robust test with controlling factors also further proved such conclusion. To promote technology development, we should continue to push financial development, increase the diversification of export market and enlarge openness, pay more attention to enterprise’s ability of absorption, digestion and creation, and adjust the government’s behavior.
2015 
