International Cooperation Between China And Belarus In The Context Of One Belt And One Road Initiative:A Case Of Lamp Manufacturers

Belarus economy is highly dependent to Russia where the Ukraine crisis and cripled oil price has suffocated the economy plus Western suction on Russian.Beralus has to find a different way to elevate its economy and bussiness intergration,One Belt one Road Initative has shown a positive results.China has injected about 14 billion US dollars to finance business projects which will boost domestic production also a construction of economic zone The China-Belarus industrial Park Great Stone in Smolevichsky district within Minsk.By comparing the Chinese lamp company model and the Belarusian lamp company model: can obtain that,for Belarusian companies,the increase in sales generated by each additional unit of labor increases more than that of Chinese companies.China has a large population,and in the lamp making industry,the degree of labor market development has almost reached a level of saturation.Therefore,the increase in labor input will have a minimal impact on sales.However,for Belarusian companies,the labor market of the lighting industry is still at a stage of development,so if we increase the labor input,the impact on sales will be even greater than that in China.