Research On China's Infrastructure Investment Along "The Belt And Road"

Since China put forward the "Belt and Road" strategy in 2013,it has always upheld the principle of mutual benefit and win-win,and strived to fully revitalize the relevant regional resources.From the perspective of a global macro strategy,China encourages developing countries to participate in global governance and therefore has won positive responses from countries along the road.The core content of the “One Belt and One Road” strategy is to promote infrastructure construction and achieve interconnection and interoperability among countries along the route.To achieve this goal,China has increased investment in countries along the route to meet the needs of the host country's infrastructure construction and economic growth.This article is different from previous scholars' research perspectives.It is not standing in China's position but standing in the interest of the host country.Through the contents of the seven chapters,we have studied how China's foreign investment can promote the economic development of countries along the route.The first chapter elaborates the background and significance of the topic selection.The second chapter elaborates the role of the host country's domestic infrastructure investment in promoting and restricting economic growth.It also studies the spillover effects of knowledge and technology that foreign direct investment can generate in the host country.The third chapter separately discusses the status quo of infrastructure construction in countries along the "Silk Road Economic Belt" and "21st Century Maritime Silk Road Economic Belt",and analyzes the characteristics,status quo and existing problems of China's infrastructure investment in host countries.The fourth chapter is based on the empirical model analysis and the mediating effect test.It concludes that China's direct investment to the local infrastructure construction can effectively increase the percapita income of the host country and promote the local economic growth;Chapter 5refers to the “Global Competitiveness Report” and summarizes the investment potential levels of infrastructure in 63 countries along the “Belt and Road” initiative.It finds that the investment potential in Central and Eastern Europe and West Asia and North Africa is the largest;Chapter 6 analyzes the investment process of Chinese companies.Some of the political,operational and environmental risks that may be encountered in the process;Chapter VII,based on the findings of the above studies and existing problems,provides some targeted suggestions on possible measures for China's overseas infrastructure investment,including adherence to green development.Concepts,innovative investment models,establishment of risk prevention mechanisms,and improvement of safeguard measures.It is hoped that this study will provide a reference for government departments and corporate investment.