scholarly journals Does the All-China Federation of Industry and Commerce Align Private Firms with the Goals of the People's Republic of China's Belt and Road Initiative?

2020 ◽  
Vol 37 (2) ◽  
pp. 45-76
Author(s):  
Jeffrey B. Nugent ◽  
Jiaxuan Lu

This paper demonstrates that the largest business association of private firms in the People's Republic of China (PRC), the All-China Federation of Industry and Commerce (ACFIC), has induced its members to help achieve the goals of the PRC's extremely ambitious but risky Belt and Road Initiative (BRI) since its inauguration in 2013. Through its newspaper, the ACFIC has drawn the attention of its member firms to countries participating in the BRI, which has led to increased trade between provinces in the PRC and BRI-participating countries emphasized by the ACFIC's newspaper. The results show that the PRC's exports have been encouraged substantially more than its imports, which could be a cause for concern for the sustainability of the BRI. The results were obtained through various specially designed versions of the gravity model and have shown to be robust to the use of various methods for mitigating possible estimation biases.

Author(s):  
Корганашвили Л.

The belt and road initiative (BRI) put forward by the President of the People's Republic of China Xi Jinping in autumn 2013 is one of the priorities of it’s modern foreign policy. Within the framework of BRI China has concluded agreements on practical cooperation with many countries, including Georgia. For Georgia, BRI is an opportunity to become a land and sea transport hub between Europe and Asia. The overland route combines the Baku-Tbilisi-Kars railroad with the Yavuz Sultan Selim bridge across the Bosporus Strait. The sea route serves as an gate to Europe through the ports in Batumi, Poti and Anaklia. The work shows the importance of BRI for the formation of Georgia as a transport hub and the benefits that both countries derive from cooperation under this initiative.


2021 ◽  
Vol 19 ◽  
pp. 116-131
Author(s):  
Paula Tomaszewska

The Digital Silk Road and the growing significance of the People’s Republic of China in the competition over technological supremacy in the world Over the past few years, many scientists have analyzed China’s Belt and Road Initiative, but very few have studied a significant component of this initiative – the Digital Silk Road (DSR). Although the attention regarding the implementation of the Belt and Road initiative is focused mainly on the implementation of international transport infrastructure projects, such as roads, railways or ports, it seems important to pay attention to the technological component of this project. The main goal of the article is to present the most comprehensive information possible on the Digital Silk Road and to investigate Chinese activities in this area. It should be emphasized that the early stage of development, namely the planning of the Belt and Road Initiative, as well as the Digital Silk Road, raises many scientific questions, such as: what is the Digital Silk Road? What actions have been taken to implement it? What challenges and threats can it generate? Will the Digital Silk Road contribute to an even greater exposure – the technological, growing role of China in the world? Undoubtedly, the Digital Silk Road, which is a platform promoting the development of digital connections between the countries participating in the initiative, can help spread Chinese digital “inventions – products.” In addition, it may contribute to facilitating the economic and social development of the countries along the initiative, thus improving the level of economic development of the beneficiary countries and generating new international competitive advantages. The Digital Silk Road is an inherent requirement for building China’s digital power in the world, and therefore a current and very important research area. The work on this article uses desk research on the changing position of the People’s Republic of China in the competition for technological leadership in the world, as well as the consequences it entails.


Napredak ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 77-102
Author(s):  
Žarko Obradović

The Chinese state has existed for more than five thousand years and in the history of human society it has always presented its own specific civilizational attainment, which exerted a considerable influence on the Asian region. In the years since its creation on October 1, 1949, and especially in the last decade, New China has stepped out beyond the region of Asia onto the global scene. With its economic power and international development projects (amongst which the Belt and Road projects stands out), China has become a leader of development and the promoter of the idea of international cooperation in the interests of peace and security in the world and the protection of the future of mankind. This paper will attempt to delineate the elements of the development of the People's Republic of China in the 21st century, placing a special focus on the realization of the Belt and Road initiative and the results of the struggle against the Covid-19 pandemic, all of which have made China an essential factor in the power relations between great global forces and the resultant change of attitude of the United States of America and the European Union towards China. Namely, China has always been a large country in terms of the size of its territory and population, but it is in the 21st century that the PR of China has become a strong state with the status of a global power. Such results in the organization of society and the state, the promotion of new development ideas and the achievement of set goals, would not have been possible without the Communist Party of China, as the main ideological, integrative and organizational factor within Chinese society. In its activities, the Chinese state sublimates the experiences of China's past with an understanding of the present moment in the international community and the need of Chinese citizens to improve the quality of life and to ensure stable development of the country. The United States and the European Union are taking various measures to oppose the strengthening of the People's Republic of China. These include looking after their interests and preserving their position in the international community, while simultaneously trying, if possible, to avoid jeopardizing their economic cooperation with China.


Author(s):  
Francisco José Leandro

Since the retrocession of Macau to the People's Republic of China (hereafter referred to as China) in 1999, the territory has strengthened interpersonal relations related to trade and commercial engagement between China and the Portuguese-speaking countries (PSC). Moreover, the tourism industry has served as a catalyst in promoting human social capital, technology transfer, and economic security. Therefore, the main research question stands as follows: to what extent has the Macau Special Administrative Region (MSAR) of the People's Republic of China delivered a sustainable contribution to the relations between China and PSC, using the tourism industry as apparatuses of cultural and economic de-bordering? The author argues in favour of a positive correlation between the role of MSAR and the tourism industry as an instrument of economic advancement. Moreover, China's Belt and Road initiative has put forward new opportunities to MSAR, based on the concept of people-to-people (P2P) exchange and the physical integration into the Greater Bay Area (GBA).


2014 ◽  
Vol 31 (2) ◽  
pp. 77-108 ◽  
Author(s):  
Cheryl Xiaoning Long ◽  
Galina Hale ◽  
Hirotaka Miura

Using panel data from the Chinese Industrial Surveys of Medium-sized and Large Firms for 2000–2006, we show that the presence and the magnitude of technological spillovers from FDI in the People's Republic of China are affected by the source of FDI, by the ownership type of a firm in consideration, as well as by industrial and provincial characteristics. Private firms are more likely to benefit from horizontal spillovers than other domestic firms, but are less likely to benefit from vertical ones. Presence of state-owned firms in the industry impedes technological spillovers in a way that is consistent with diversion of linkages from private to state-owned firms. Finally, horizontal spillovers are larger in industries that are more technologically sophisticated.


Communicology ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 63-72
Author(s):  
N. B. Pomozova

From the standpoint of sociological discourse analysis and reflective sociology the article examines the context of the “One Belt, One Road” concept based on some of the speeches of the President of the People’s Republic of China Xi Jinping from 2013 to 2021. Since the first mention of the 21st Century Maritime Silk Road by Li Keqiang in 2013, there has been some transformation of the concept, in particular, it was supplemented by an overland economic project, and the name “One Belt, One Road” (Belt and Road) was stuck behind it. The concept has come to be associated with the name of the President of the People’s Republic of China Xi Jinping as its initiator, in whose discourse it sounds quite often. Of particular interest is the analysis of the biographical data of Wang Huning, member of the Standing Committee of the Politburo of the CPC Central Committee, who is considered one of the authors of the concept under study and Xi Jinping’s advisers. The academic background, the experience of communicating with the American intellectual elite, as well as the scientific interest in the study of European philosophical concepts led to sociological reflection, which influenced not only the semantic content of the Belt and Road, but also the foreign policy of China as a whole, the priority of which is European.


Sign in / Sign up

Export Citation Format

Share Document