Economic Development and the Belt and Road Initiative

Belt And Road ◽

The Belt And Road ◽

The Silk Road

<p>The article presents the railway entity PKP LHS Sp. z o.o. and its role in the development of the New Silk Road. In consequence, the increase in traffic on the Silk Road with the participation of Polish companies translates into the economic development of the Lublin Province and the development of border crossings in that province. The importance of transport corridors and the participation of PKP LHS in the development of those corridors have been highlighted. Investment assumptions have been presented, the effects of which will be visible in a few years, strengthening the potential and economic capabilities of the province.</p>

China’s Guangdong-Hong Kong-Macao Greater Bay Area: a new development opportunity for Hong Kong

Public Administration and Policy ◽

10.1108/pap-04-2019-0007 ◽

2019 ◽

Vol 22 (1) ◽

pp. 8-14

Author(s):

Siu-kai Lau

Keyword(s):

Economic Growth ◽

Economic Development ◽

Hong Kong ◽

Industrial Structure ◽

National Development ◽

Content Type ◽

Bay Area ◽

Belt And Road ◽

Purpose The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Strategy is an important component of the “Belt and Road Initiative” of China. The purpose of this Project is to develop the GBA into the most open, market-oriented and innovative pole of economic growth in China. The GBA Project provides Hong Kong with a rare opportunity to diversify its industrial structure and to move into a new and higher stage of economic development. Design/methodology/approach Being an integral part of the GBA, Hong Kong is expected and supported by the Central Government to develop into a hub of the Area, and, leveraging on Hong Kong’s status as an international metropolis, to connect the Area as a whole with the world. Findings China’s Guangdong-Hong Kong-Macao Greater Bay Area Project is a major national development strategy and is a major part of the Belt and Road Initiative. Hong Kong is going to play an important role in the Project and will benefit from it enormously in the future in terms of economic growth and the upgrading of its industrial structure. However, in order to take full advantage of participation in the Project, the way Hong Kong is governed, particularly the government's role in economic development, has to be modified significantly. Originality/value In order to take advantage of the Project, the Hong Kong SAR Government has to play a bigger and more proactive role in Hong Kong’s socioeconomic development and to strengthen its capacity to mobilize societal participation in the Project.

Sino-Italian political and economic cooperation: Perspectives and challenges

ПОЛИТЕИА ◽

10.5937/politeia0-32873 ◽

2021 ◽

Vol 11 (21) ◽

pp. 113-137

Author(s):

Slobodan Popović

Keyword(s):

Sustainable Development ◽

Economic Development ◽

International Law ◽

Economic Cooperation ◽

Mutual Trust ◽

National Interests ◽

Distribution Of Wealth ◽

Belt And Road ◽

The purpose of this article is to examine Sino-Italian political and economic cooperation. The first part of the paper reviews the still ongoing process of China`s ambitions to present itself as a 'non-Other' to the international society by carrying out economic development and political opening and offering the Belt and Road Initiative to international partners. However, Beijing still faces (un)justified accusation that it affects the implementation of the already established norms, principles and procedures of the international law, sustainable development, geopolitical order, and geoeconomic distribution of wealth. For the purpose of this research, our focus will be on Italian understanding of the maritime perspective of the Belt and Road Initiative. The second part examines tools that the two countries use for overcoming obstacles to political and economic cooperation, whilst striving not just to widen and strengthen mutual trust, sincerity, and pragmatism, but to protect national interests as well.

Belt and Road will alter Asia's energy geography

Emerald Expert Briefings ◽

10.1108/oxan-db233950 ◽

2018 ◽

Keyword(s):

Economic Development ◽

Energy Security ◽

Power Plants ◽

Content Type ◽

Chinese Investment ◽

Belt And Road ◽

The Stability ◽

Electricity Provision ◽

Subject The implications of the Belt and Road Initiative for the energy sector. Significance One of the aims of China's Belt and Road Initiative (BRI) is to increase the stability of the country's many neighbours by supporting their economic development, in part by developing their energy sectors. Improving China's own energy security is another. Impacts Electricity provision in BRI countries will improve, creating better conditions for industry and extending electrification programmes. BRI countries will become increasingly indebted to China, some of them unsustainably so. Chinese investment in power plants may encourage development of regional trading pools, encouraging development of an 'Asian supergrid'.

Does the belt and road initiative stimulate China’s inbound tourist market? An empirical study using the gravity model with a DID method

Tourism Economics ◽

10.1177/1354816619867577 ◽

2019 ◽

Vol 26 (2) ◽

pp. 299-323 ◽

Cited By ~ 3

Author(s):

Xueying Huang ◽

Yuanjun Han ◽

Xuhong Gong ◽

Xiangyan Liu

Keyword(s):

Economic Development ◽

Gravity Model ◽

Trade Openness ◽

Positive Effects ◽

Heterogeneous Effects ◽

International Tourist ◽

Belt And Road ◽

Policy Guidance ◽

This study examines the influence of the Belt and Road Initiative on China’s inbound tourist market, generated from countries and regions along the Belt and Road, using a gravity model with a difference-in-differences method. Panel data for 2008–2016 indicate that the Belt and Road Initiative has direct and significant positive effects on Chinese international tourist-generating markets, but the annual treatment effects are only partly significantly positive. We also examined the heterogeneous effects and mechanism of the Belt and Road Initiative on the inbound tourist market by grouping countries according to the levels of trade openness with China and economic development. The heterogeneous effect tests reveal that China’s international tourist origin countries with low levels of trade openness with China and high levels of economic development benefit from the Belt and Road Initiative. The findings of this study provide policy guidance on expansion for China’s inbound tourism market.

Sino-Egypt Relations in the context of BRI

Pakistan Journal of International Affairs ◽

10.52337/pjia.v3i2.28 ◽

2021 ◽

Vol 3 (2) ◽

Author(s):

Amr Adawi Ahmed Adawi , Dr. Wang Lian He , Dr. Allauddin

Keyword(s):

Economic Development ◽

National Development ◽

Strategic Partnership ◽

Xi Jinping ◽

New Strategy ◽

Vision 2030 ◽

Belt And Road ◽

Solid Foundation ◽

Sino-Egypt diplomatic relationships were established in May 1956. In year 2013, China launched the “Belt and Road” Initiative (BRI) and invited countries, especially those along the route to contribute in the framework of the project. The Egyptian president Sisi visited China in 2014, and the two nations agreed to promote their bilateral relationships to comprehensive strategic partnership. In year 20146, Egypt launched new strategy for national development “Egypt Vision 2030”. Therefore, the two countries are cooperating according to these two planes. This paper analyzes Sino-Egypt relations in the context of BRI. When the Initiative was launched by China in 2013, Egypt is among the first countries to the join it. SinoEgyptian relations have significantly developed since the early 2010s. Based on solid foundation, China’s president Xi Jinping and Al-Sissi sealed an “integral strategic partnership” between the two nations in year 2014. This research paper provides an overview of this evolution and explores fields of cooperation between the two countries. The paper sheds light on cooperation in bilateral fields, especially in the framework of Belt & Road Initiative launched by China. The paper explores how Egypt and China reinforce each other in their common search for economic development

Strategic Development of Sino-GCC Relations: Visions of Arabian Gulf Economic Development and the Belt and Road Initiative

Asian Journal of Middle Eastern and Islamic Studies ◽

10.1080/25765949.2018.1562595 ◽

2018 ◽

Vol 12 (4) ◽

pp. 517-532

Author(s):

Mahmood Muhammad Abdul Ghaffar

Keyword(s):

Economic Development ◽

Arabian Gulf ◽

Strategic Development ◽

Belt And Road ◽

Belt and Road Initiative: A New Impetus to Strengthen China-Malaysia Relations

East Asian Policy ◽

10.1142/s1793930517000113 ◽

2017 ◽

Vol 09 (02) ◽

pp. 5-14 ◽

Cited By ~ 2

Author(s):

KONG Tuan Yuen

Keyword(s):

Political Economy ◽

Economic Development ◽

South China Sea ◽

South China ◽

International Collaboration ◽

Infrastructure Investment ◽

Belt And Road ◽

Economic Slowdown ◽

China-Malaysia relations would be strengthened through the Belt and Road Initiative. Chinese industrial overcapacity is a factor in infrastructure investment in Malaysia which needs international collaboration projects for domestic economic development. Challenges include the unstable Malaysian political economy and ethnic issue as well as the economic slowdown of China, and the geopolitics of the South China Sea.

Sino–Sri Lankan relations and their impact on India

Asian Journal of Comparative Politics ◽

10.1177/2057891121997566 ◽

2021 ◽

pp. 205789112199756

Author(s):

Ishan Jain

Keyword(s):

Economic Development ◽

Sri Lanka ◽

South Asian ◽

Sri Lankan ◽

Asian Countries ◽

Belt And Road ◽

Silk Route ◽

The Belt And Road ◽

South Asian Region

This article aims to understand the development of the Sino–Sri Lankan relationship from ancient to contemporary times and its overall impact on the Indo–Sri Lankan relationship and on India as a leader in the South Asian region. China has been investing heavily in Sri Lanka and several other South Asian countries in the name of economic development and upliftment. It has formed diplomatic ties with Sri Lanka and has provided immense economic, military and other forms of assistance and has reduced India’s involvement. The building of the Maritime Silk Route and the Belt and Road Initiative have been dream projects for China, and so the article analyses the assistance provided in terms of strategy that the Chinese may be planning. Based on the facts and evidence provided, the article will end on a scenario that could most likely take place based on the trajectory of the events and relationships.

Suzhou industrial park and its role in the belt and road initiative: the great stone industrial park in Belarus

Revista de Gestão ◽

10.1108/rege-01-2021-0003 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

María José Haro Sly

Keyword(s):

Developing Countries ◽

Economic Development ◽

Science And Technology ◽

Industrial Park ◽

Content Type ◽

Belt And Road ◽

PurposeIn recent years, the People's Republic of China has made remarkable progress in science and technology. The Chinese industry is competing for leadership in cutting-edge technologies such as 5G, robotics, artificial intelligence, aerospace and green energy. This article aims to analyze: What role do industrial parks, especially Suzhou Industrial Park, play in upgrading technology to encourage independent innovation and economic development? How SIP is related to the Belt and Road Initiative?Design/methodology/approachThis research summarizes China's most important scientific and technological reforms and policies and in particular the Torch Program. In addition, it develops a case study of the Suzhou Industrial Park (SIP) by analyzing documents, bibliography and presenting data. It ends with a case study of the role of SIP in the Belt and Road Initiative analyzing the Great Stone Park in Belarus.FindingsThis article highlights that: China's experience clearly shows that the "visible hand" of the State plays a very important role in economic development and technological catch-up. All of them are implemented from a strategy linking the national objectives with the local ones, this is done from a top-down perspective. As an important aspect of economic and social development, China's experience in promoting indigenous innovation in science and technology provides a relevant example for developing countries.Research limitations/implicationsThere are few academic literature on Great Stone Industrial Park.Practical implicationsThe international cooperation of the SIP with the technology parks throughout the BRI-countries provides relevant information to deepen collaboration in this field and could contribute to closing the technological gap in developing countries.Originality/valueThe role of the SIP in the Belt and Road initiative is an under research topic. There is few bibliography discussing the impacts of the cooperation in science and technology in the framework of the BRI.