scholarly journals Does ‘The Belt and Road Initiative’ Promote the Economic Growth of Key Participating Provinces? Evidence from a Quasi-Natural Experiment Design

2020 ◽  
Vol 12 (5) ◽  
pp. 101
Author(s):  
Shan Gao ◽  
Maoguo Wu
Keyword(s):  
Economic Development ◽  
Empirical Studies ◽  
Geographical Location ◽  
Western China ◽  
Promoting Effect ◽  
Empirical Results ◽  
West Central ◽  
Central Regions ◽  
Belt And Road ◽  
The Belt And Road

As a new Chinese national strategy, ‘The Belt and Road (B&R) Initiative’ has attracted substantial interest with its broad development prospect and huge economic impetus. However, existing research is not comprehensive due to the limitation of specific industry and there are few empirical studies. This paper adopted the panel data of key participating provinces in China from 2008 to 2017 according to the China City Statistical Yearbook to fill in the research gap. Around the issue of whether the B&R initiative promotes the economic development of Chinese key participating provinces along the routes, this paper proposed three hypotheses and used DID, PSM-DID and DDD methods to study relevant factors and the influencing mechanism. The empirical results show that the B&R policy could promote the overall economic development of participants on the whole, despite a certain degree of policy effect lag. Moreover, after the division of geographical location and administrative level in the eastern and west-central regions of China, the study found that the B&R initiative has significantly facilitated the advancement of the economy in the west-central areas, especially the less developed regions. In addition, after the classification of marketization degree, it is found that the B&R policy has a greater promoting effect on regions with high marketization degree than those with low marketization degree. Through the mechanism test, it is discovered that the tertiary industry is the main economic accelerator for growth in central and western China. Finally, based on the empirical results, this paper provided policy suggestions to further implement the B&R strategy.

scholarly journals Numerical Simulation and Spatial Distribution of Transportation Accessibility in the Regions Involved in the Belt and Road Initiative

2019 ◽  
Vol 11 (22) ◽  
pp. 6187 ◽  
Author(s):  
Hui Shi ◽  
Zhen You ◽  
Zhiming Feng ◽  
Yanzhao Yang
Keyword(s):  
Socioeconomic Development ◽  
Population Distribution ◽  
Eastern China ◽  
Western China ◽  
Belt And Road Initiative ◽  
Central Regions ◽  
Transportation Accessibility ◽  
Belt And Road ◽  
Classification Evaluation ◽  
The Belt And Road

The Belt and Road Initiative (BRI) is a Chinese strategy, proposed to strengthen the connectivity and cooperation among BRI countries. Under this circumstance, many transportation projects are planned to be carried out, which means the transportation accessibility evaluation is of significance in providing valuable suggestions for transportation construction. This research established a global transportation accessibility index (GTAI) model in the BRI region using raster data. Based on its gridded outputs, we conducted classification evaluation, autocorrelation analysis, and a geographical weighted regression model to explore the spatial characteristics of the GTAI distribution and its correlation with population density. The results show that: (1) most countries in Europe and the Middle East, western Russia, and eastern China enjoy high accessibility, while central regions (e.g., Central Asia and western China) have poor access to destinations; (2) the GTAI values are distributed as a spindle, where about 60% areas belong to the middle transportation accessibility region, mapped as a non-significant type; and (3) there is a positive relationship between transportation accessibility and population distribution, but their connection tends to be weaker as socioeconomic development increases. Finally, several policy implementations are provided: (1) give a priority to road or railway construction between China and Central Asian countries; (2) establish an innovative transportation system and introduce advanced technologies to enhance the exchange and cooperation among the BRI countries; (3) improve public transport management in well-developed regions, and introduce talents and strengthen transportation infrastructure construction in developing regions.

scholarly journals Selecting the Strategic Port of “the Belt and Road” Based on the Global Network

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-17
Author(s):  
Zihui Yang ◽  
Qingchun Meng ◽  
Chanjuan Li
Keyword(s):  
Clustering Algorithm ◽  
Geographical Location ◽  
Global Network ◽  
Stability And Control ◽  
Leading Role ◽  
Path Coverage ◽  
Belt And Road ◽  
And Control ◽  
The Belt And Road

Under “the Belt and Road” initiative, China promoted cooperation between domestic enterprises and international ports vigorously, which brought back fruitful results, while the rational selection of strategic pivots ports and the optimization of the layout of the port network are important guarantees to a further promotion to the economic development of “the Belt and Road” ports and give full play to the driving and radiation role of strategic pivots ports. On the basis of constructing a network of 155 ports in the world, according to the number of ports crossed by the shortest path and betweenness centrality in the network, this paper uses K-Medoids clustering algorithm to train the strategic importance of ports and verifies the reliability of the analysis results. On this basis, the joint coverage analysis of strategically important ports is carried out, 17 ports are identified as strategic pivots ports of the global port network, and, finally, based on the two attributes of “the Belt and Road” and “Chinese enterprise participation” of strategic pivots ports, the leading role of strategic pivots ports in geographical location, path coverage, development potential, cooperation stability, and control is analyzed, and instructive suggestions are put forward.

scholarly journals Economic Complexity Based Recommendation Enhance the Efficiency of the Belt and Road Initiative

Entropy ◽  
2018 ◽  
Vol 20 (9) ◽  
pp. 718 ◽  
Author(s):  
Hao Liao ◽  
Xiao-Min Huang ◽  
Alexandre Vidmer ◽  
Yi-Cheng Zhang ◽  
Ming-Yang Zhou
Keyword(s):  
Geographical Location ◽  
Geographic Location ◽  
Chinese Government ◽  
Belt And Road Initiative ◽  
Recommendation Algorithm ◽  
Development Direction ◽  
Belt And Road ◽  
The Impact ◽  
The Belt And Road ◽  
The Ideal

The Belt and Road initiative (BRI) was announced in 2013 by the Chinese government. Its goal is to promote the cooperation between European and Asian countries, as well as enhancing the trust between members and unifying the market. Since its creation, more and more developing countries are joining the initiative. Based on the geographical location characteristics of the countries in this initiative, we propose an improvement of a popular recommendation algorithm that includes geographic location information. This recommendation algorithm is able to make suitable recommendations of products for countries in the BRI. Then, Fitness and Complexity metrics are used to evaluate the impact of the recommendation results and measure the country’s competitiveness. The aim of this work is to provide countries’ insights on the ideal development direction. By following the recommendations, the countries can quickly increase their international competitiveness.

scholarly journals Belt and Road Initiative: Prospects for Nepal-China Cooperation

2019 ◽  
Vol 1 (1) ◽  
pp. 67-74
Author(s):  
Kamal Pandit
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Implementation Strategies ◽  
Research Literature ◽  
Dark Side ◽  
Infrastructure Development ◽  
Motivating Factors ◽  
Belt And Road ◽  
World Class ◽  
The Belt And Road

Connectivity has always been a hindrance for landlocked countries to efficiently deliver their products and services across the globe. Such issue is no different in case of Nepal. Being a mountainous and landlocked country, Nepal is facing problems in trade, transportation and economic development. The introduction of the Belt and Road Initiatives by China to improve trade and connectivity among its member countries brings a new hope of economic prosperity. One can simply argue on the dark side of the project through media evidence illustrating the case of Hambantota Port, Sri Lanka. The purpose of the paper is to identify and formulate strategies for implementing the BRI projects in Nepal for enhancing economic development through connectivity. Paucity of academic discourse on the implementation strategies of the BRI project in Nepal was one of the motivating factors for this research. Literature review forms the major portion of research methodology and critical analysis has been done to derive conclusions. During the last 4 decades, China had an impressive achievement transforming itself from agricultural economy to world class digital powerhouse. It was found that from hardworking farmers, they have moved to become a traveller for pleasure and business. And now with its global development strategy involving infrastructure development and investment in more than 150 countries, it is at the edge of becoming the super power of the world. Nepal’s participation in the BRI goes beyond physical connectivity as we share history immemorial in terms of trade, religion, ideas and culture. The connectivity projects will definitely shape the trade of Nepal through exposure and efficient custom and transit transport procedures overcoming the problems in trade, transportation and economic development.

Beijing’s ambitions and assertiveness will grow

2020 ◽  
Keyword(s):  
Climate Change ◽  
Economic Development ◽  
Foreign Policy ◽  
Policy Agenda ◽  
Senior Leadership ◽  
Content Type ◽  
Self Interest ◽  
The World ◽  
Belt And Road ◽  
The Belt And Road

Significance The senior leadership seeks to defend its position within China, first and foremost by preserving and strengthening the power of the Party through which it rules. China’s growing wealth and power create new opportunities for the Party to bolster its power -- and give rise to new threats that could undermine it. Impacts China’s ambitions centre on itself; they do not involve remaking the world in China’s image. China’s interests converge with other states' on climate change and economic cooperation; disputes concern how gains and costs are shared. China’s pursuit of its self-interest may sometimes have positive spill-overs, such as when it shares innovations, freely or otherwise. Despite controversies and setbacks, the Belt and Road will provide infrastructure critical for economic development globally. Beijing, long a practitioner of commercial espionage, is becoming bolder in its use of cyber operations to pursue its foreign policy agenda.

scholarly journals The Role of the Broad-Gauge Metallurgy Line PKP Linia Hutnicza Szerokotorowa Sp. z o.o. and the Belt and Road Initiative: Transportation in the Development of the Lublin Province

2020 ◽  
Vol 54 (2) ◽  
pp. 7
Author(s):  
Mirosław Antonowicz ◽  
Zbigniew Tracichleb
Keyword(s):  
Economic Development ◽  
Silk Road ◽  
Border Crossings ◽  
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>

scholarly journals Analysis of the Business of the Regional Enterprises in the Belt and Road

2019 ◽  
pp. 43-48
Author(s):  
Wang Tao ◽  
Li Mengqi
Keyword(s):  
Business Performance ◽  
Geographical Location ◽  
Shaanxi Province ◽  
Utilization Rate ◽  
One Belt One Road ◽  
Starting Point ◽  
Belt And Road ◽  
Foreign Invested Enterprises ◽  
Realistic Significance ◽  
The Belt And Road

With the increase in China’s opening up to the outside world, the implementation of China’s “One Belt, One Road” strategy has become more in-depth, and foreign-invested enterprises have an indispensable role in China’s economic growth. As the starting point of the Silk Road, with its unique geographical location and important strategic position, Shaanxi will link Shaanxi with the regional enterprises in the Belt and Road, which will improve the utilization rate of foreign capital in Shaanxi Province in the context of the Belt and Road Initiative. The cooperation of countries along the way has important and realistic significance. Based on the data of foreign-invested enterprises in Shaanxi Province in 2017, this paper analyzes the business characteristics and business performance of the regional enterprises in the Belt and Road in Shaanxi. Finally, draw the conclusion of this paper and give the corresponding policy recommendations.

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