Interpretation Of The Development Of The “Belt And Road Initiative” Through International Economic Law

Modern international economic law,marked by the establishment of the Bretton Woods System and characterized by multilateralism,has played an important role in maintaining world peace and development.However,The Trump administration take unilateralism measures and the escalation of trade frictions between China and the US,the US and Europe have raised global concerns that the multilateral trading system is under threat.In unilateralism,populism and protectionism,ideological trend under the influence of the globalization,on the one hand,brought about by the multilateral trading system “rules guide” and “authorized retaliation” mechanism,the “naked” provocations,on the other hand,unbridled ground between big countries without any system of unilateral tariff for revenge,in fact already WTO multilateral trade system that only after the war to the overhead.In world multi-polarization,economic globalization and the development trend of cultural diversity,the implementation by way of tariff trade confrontation,not only achieve the desired goal,to reach the measures would not itself and other countries’ economic development,and development of the global economic order and the destruction of the environment,will lead to immeasurable benefit loss and unpredictable risk of war.In addition,the lack of the development of the old multilateralism financial system brings increasing risks,and the international financial governance system represented by the dollar cycle and us dollar hegemony is also increasingly out of line with the current trend of international economic development.If the long-term development continues,it will have an immeasurable impact on the operation of the international economy.“The Belt and Road Initiative” is an important institutional model for international economic cooperation,which conforms to the new trend of global economic development and is put forward by China according to the current situation.The multilateral approach contained in “the Belt and Road Initiative”,the sharing of rights and responsibilities,the leading role of investment and finance,and the reinterpretation of the guiding principles of international economic law by the result of equity and justice,the maintenance and development of important institutions,and the resolution of the mystery and dilemma have all brought new directions.As economic globalization security of international economic law should accept the basis of the most important to build “area” initiative contained abundant wisdom innovation idea,can in the maintenance of the multilateral system to play a fundamental role in is more important in the process,and to conform to the essential justice of the economic globalization forces the key to inject new international economic order.In addition to the introduction and conclusion,this paper is divided into five parts,including:The first part starts from the background of the independence of international economic law,that is,the background of modern international economic law.It systematically summarizes the independence and development history of international economic law marked by the establishment of the Bretton Woods system after World War II.The core driving factor for the independence and reform of economic law,and the important role of this factor in maintaining the stability of international economic relations and maintaining international peace and development,and in order to build the link between the joint construction of the "Belt and Road" initiative and international economic law.The second part mainly elaborates the realistic background that the joint construction of “The Belt and Road” initiative can become a new global multilateral governance carrier.Specifically,under the trend of anti-globalization,the crisis of the global multilateral governance system has emerged.By systematically summarizing the causes,performance and impact of the crisis,it needs to be extended Reform to resolve the global multilateral governance crisis,and thus safeguard world peace and common development.The third part first systematically elaborated the relationship between the joint construction of “The Belt and Road initiative” and global multilateral governance.Then,by comparing and analyzing the initiative with the current foundation of international economic governance,it was concluded that the joint construction of the initiative is consistent with the conclusion of the concept of multilateral governance,and on this basis,summed up its new role and contribution to global economic governance,which shows that the joint construction of the "Belt and Road" initiative is a new carrier of global economic governance.The fourth part illustrates the role of the global multilateral governance concept contained in the joint construction of the “The Belt and Road initiative” on international economic rule of law in guiding ideology,institution building and solving the puzzle dilemma,to show that the initiative contains innovative wisdom of international economic rule of law.it is concluded that the international economic law,as an important foundation and fundamental guarantee for maintaining the multilateral system,can only promote the international economic rule of law and promote the construction of a new international economic order by absorbing the initiative.The fifth part analyzes the relationship between “The Belt and Road initiative” and the international economic order.At the same time,it summarizes the various challenges.On this basis,the joint construction of the initiative was proposed as China’s contribution.In order to enable it to be built as a model of a new multilateral cooperation model and a carrier of international economic law,it was incorporated into the connotation of international economic law and became a new The carrier of economic order should further explore the possible development path and potential trend direction of the initiative from the theoretical system,institutional system and rule of law model level.