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The “Belt And Road” Initiative Is Developing In Balance With China

Posted on:2021-02-16Degree:MasterType:Thesis
Country:ChinaCandidate:X Y LiuFull Text:PDF
GTID:2439330623467119Subject:International relations
Abstract/Summary:PDF Full Text Request
Since "The Belt and Road" initiative(shorten for BRI)was put forward in 2013,the international community has paid high attention to it.Among this,the US-led western politics especially wonder whether there is any geopolitical agenda behind the BRI.However,the BRI not only attempts to improve disequilibrium all over the world on the international level,but also aims to balance domestic economy.Since the reform and opening up,as there has been unbalanced local economy and inadequate division of labor in China as well as its quite low status in the global value chains,it's imperative to convert comparative resource advantage.The BRI,taking international and domestic situations into account,connects the domestic and Eurasia markets,builds six economic corridors,provides " policy coordination,infrastructure connectivity,unimpeded trade,financial integration,closer people-to-people ties" as guarantee,and builds win-win international economic cooperation platform to develop economy and trade oriented by local governments.Different from usual economy and trade road whose focus was transferred from the inland to the coast areas,and to overseas markets,the BRI opens the window towards the west,and further balances the regional economy.While tackling economic globalization,it plays an important role in balancing domestic economy.
Keywords/Search Tags:Belt and Road Initiative, local economy, division of labor in China
PDF Full Text Request
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