Analysis of China-Pakistan Leisure Sports Industry under the Background of "The Belt and Road"

Author(s):  
Huang Liang

Scholars stress the importance of leisure sports activities for a healthy body and mind. There is a positive correlation between socioeconomic uplift and leisure sports activities. China-Pakistan economic corridor (CPEC) is the flagship project under the “The Belt and Road” initiative led by the Chines government, with pouring in of huge investment centered around CPEC. It is hoped that it would have positively affected leisure sports activities. Relying on qualitative and quantitative data, the study analyzed the impact of CPEC on leisure sports activities. The findings suggest the positive impact of CPEC on leisure activities. These activities were facilitated with the provision of sports facilities, infrastructure development, economic uplift, and cultural influence.

2019 ◽  
Vol 11 (5) ◽  
pp. 1298 ◽  
Author(s):  
Jinzhu Zhang ◽  
Fangfang Li ◽  
Yu Liu ◽  
Baodong Cheng

With the reduction of traditional tariff and non-tariff trade barriers, trade facilitation measures, such as improved port efficiency and the customs environment, have become increasingly important for improving the structure of export growth and exploring the trade potential of forest products. Our research divided China’s export growth of forest products into extensive margins (variety), quantity margins (quantity), and price margins (quality), and discussed how trade facilitation impacted China’s forest product export growth structure from the perspective of ternary margins. An evaluation system of trade facilitation was constructed, and principal component analysis was used to measure the levels of trade facilitation of 13 countries which had large trade flows of forest products with China along the “Belt and Road”. In addition, we used transnational panel data and the extended gravity model to analyze the impact of their trade facilitation on the ternary margins of China’s export growth. In order to overcome the endogeneity of the model, the 2 stage least squares (2SLS) method was used and the first-order lags of trade facilitation indicators were selected as instrument variables. The decomposition results of ternary margins showed that the “low price and high quantity” export growth pattern had remained in China’s forest products trade, and the 2SLS regression results indicated that the improvement of trade facilitation had a significantly positive impact on the quantity margins and price margins, but no significant impact on the extensive margins. It is suggested that China should make differentiated investments to countries along the “Belt and Road” based on their different levels of trade facilitation, in order to promote constant improvement of product quality and optimization of export growth structure in the forest products industry.


2021 ◽  
Vol 233 ◽  
pp. 01170
Author(s):  
Maoguo Wu ◽  
Yuting Zhang

The implementation of "the Belt and Road" initiative has further enhanced China’s economic openness and attracted more foreign direct investment (FDI). However, China is characterized by unbalanced economic development and distribution of resources in different regions. Therefore, analyzing the impact of FDI on economic openness of 18 provinces along "the Belt and Road" and developing the economies of these provinces more specifically have become an important issue. This paper uses factor analysis and DEA-Malmquist model to construct the economic openness of 18 provinces. FDI proxied by 5 measurements are selected to evaluate the impact of foreign direct investment on each province’s economic openness by using spatial econometric model. Empirical results find that FDI has a positive impact on the economic openness of the provinces along "the Belt and Road", and the surrounding provinces also have a significant role in promoting the economic openness of a province. But FDI has different impact on different regions with East Region exhibiting the most significant effect. FDI enhances economic openness mainly through registered capital of foreign-invested enterprises and total import and export of foreign-invested enterprises.


2019 ◽  
pp. 361-374
Author(s):  
Natasa Stanojevic ◽  
Zoran Jovanovic

This paper examines the impact of Chinese investments in the infrastructure facilities within the Belt and Road Initiative on the Serbian economy. The research objectives are to measure the impact of the general foreign direct investments and the Chinese foreign direct investments on the key indicators of the Serbian economy, to assess their impact on the Serbian economy in general, and to compare their effects. The initial hypothesis is that the effects of the Chinese foreign direct investments on infrastructure are significantly more favourable than foreign direct investments originating in other countries, primarily due to the sectors they are implemented, and the different approach of Chinese investors, which implies the mutual benefit of partners and long-term interests in a particular country or region. The impact of the Chinese and general foreign direct investments on several key economic indicators of the Serbian economy is measured separately and compared. Since there are several dependent variables involved in the correlation, the Multiple Variable Analysis is used. The statistical procedure includes two tests of the statistical significance of the estimated correlation: P-value, as a part of Multiple Variable Analysis, and F-test, which is commonly used for small samples. The results show much stronger and more positive impact of the Chinese investments than general foreign direct investments, but also point to the direction of a change, such as increasing of import of goods and services, the reduction of unemployment, and the increase in the employment rate, as well as the dege of openness of the economy. Some results can be considered as the general effects of joining the Belt and Road Initiative, that is, they can have great significance for all countries on one of the many directions of the new Silk Road.


2020 ◽  
Vol 3 (1) ◽  
pp. 71-83
Author(s):  
Vivi Ariesta Nurjayanti

The purpose of this research is that the reader can find out the problem of Sri Lanka's dependence on China in the Hambantota Port development project which ultimately ended up as a debt trap. In this research authors used qualitative research methods. And from the results of research that has been done, it is found that basically the cooperation carried out by China and Sri Lanka is a collaboration between hegemon countries and third world countries. Debt trap diplomacy itself has close links with other Chinese policies, namely the Belt and Road Initiative, this policy focuses on infrastructure development which includes the construction of railroad networks, the construction of roads to ports located in the territories of other countries and has a strategic position and will good impact for the achievement of Chinese interests in realizing the "new Silk Road". Sri Lanka proposed cooperation to build the port of Hambantota with the aim of helping to improve Sri Lanka's economy. Cooperation that is expected to have a positive impact on Sri Lanka actually brings disaster, because it leads to a debt trap that makes Sri Lanka must hand over the port of Hambantota to the China’s government.


2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Li Zhen ◽  
Zhang Yao

Abstract The Belt and Road (B&R) is a major initiative and vision for China and the world to jointly create prosperity. Based on the data of resident credit card consumption in 291 cities in China from 2011 to 2016, this article establishes a consumption relationship model for cities along the B&R to investigate the impact of the initiative on resident consumption. Through the DID model, there are the following findings. First, the B&R Initiative has a significant positive impact on the resident consumption in cities along the route. Second, the B&R Initiative has a significant effect on the promotion of various industries, and the crowding-out effect of government investment is relatively small. The research conclusions are of reference significance for policy formulation on the specific practice path and detailed measures of the B&R Initiative.


2020 ◽  
Vol 2 (2) ◽  
pp. 23-45
Author(s):  
Jin-Hui Li ◽  
Chol-Ju An ◽  
Gwang-Nam Rim

Purpose: This paper analyzes the impact of transport infrastructure on Gross Regional Products in Chinese provinces under the “Belt and Road Initiative”. Methods: The impact of the key elements of transport infrastructure on Gross Regional Products is analyzed based on the data related to development levels of transport infrastructure and economic development. Correlation and regression analyses were used for data analysis. Results: It is found that railways and highways, which are the key elements of transport infrastructure, have a strong correlation with Gross Regional Products, and their effects are diverse among provinces under study. Implications: The findings demonstrate the position and role of diverse infrastructural elements in enhancing the economic benefits of infrastructural investment and promoting economic growth. Thus, it is expected to facilitate decision-making related to infrastructural investment under the “Belt and Road Initiative”.


2021 ◽  
Vol 275 ◽  
pp. 02023
Author(s):  
Jing Zheng

Based on the panel data of 278 prefecture-level cities in China from 2008 to 2018, this paper adopts DID method to verify the impact of “the Belt and Road initiative” on pollution level of these cities, the results are still robust through the placebo test and PSM-DID, the mechanism is also analyzed. The study found that “the Belt and Road initiative” has a significant effect on the emission of wastewater, waste gas and dust of cities in China; the mechanism test shows that “the Belt and Road initiative” has significantly reduced urban environmental pollution by promoting foreign investment, upgrading industrial structure and technological innovation.


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