Authors :
Fakhr Ullah; Naveed Jan; Xiyu Liu
Volume/Issue :
Volume 5 - 2020, Issue 8 - August
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/3jJNOk7
DOI :
10.38124/IJISRT20AUG499
Abstract :
The belt and Road Initiative is a platform for
multilateral regional economic and trade cooperation
advocated by China, which bears the important
historical mission of political mutual trust, economic
cooperation and trade cooperation. The cultural
integration between China and its neighboring
countries promotes the formation of a new international
economic order and the construction of a harmonious
society. This measure increases the total export volume
of China's countries along the way, thus increasing the
proportion of states along the way in China's trade
structure, improving the trade situation and increasing
the importance of dividend policy. From another point
of view, based on the principles of openness, tolerance,
peaceful cooperation, mutual benefit and mutual
learning, we should take cooperation, co construction,
sharing and we are committed to building a responsible
society and an idea of equality, cooperation, tolerance
and win win for the common destiny. In the whole
country, compared with the traditional way of
competition, this is the innovation and Transcendence
of the traditional economic theory of geography, thus
forming a new type of economic theory. China's
traditional economy Belt and Road, has been seriously
impacted and restricted since the global financial crisis
in 2008. China's "Belt and Road" initiative has brought
these areas into a state of rapid development and
become the leader of China's economic development.
Meanwhile, the internationalization of these areas has
become a trend of future development. This paper will
explore Belt and Road initiative, the global economic
impact and long-term planning development under the
background of global cooperation and financial system.
Keywords :
Belt and Road; Financial Cooperation; Global Economy; Regional cooperation
The belt and Road Initiative is a platform for
multilateral regional economic and trade cooperation
advocated by China, which bears the important
historical mission of political mutual trust, economic
cooperation and trade cooperation. The cultural
integration between China and its neighboring
countries promotes the formation of a new international
economic order and the construction of a harmonious
society. This measure increases the total export volume
of China's countries along the way, thus increasing the
proportion of states along the way in China's trade
structure, improving the trade situation and increasing
the importance of dividend policy. From another point
of view, based on the principles of openness, tolerance,
peaceful cooperation, mutual benefit and mutual
learning, we should take cooperation, co construction,
sharing and we are committed to building a responsible
society and an idea of equality, cooperation, tolerance
and win win for the common destiny. In the whole
country, compared with the traditional way of
competition, this is the innovation and Transcendence
of the traditional economic theory of geography, thus
forming a new type of economic theory. China's
traditional economy Belt and Road, has been seriously
impacted and restricted since the global financial crisis
in 2008. China's "Belt and Road" initiative has brought
these areas into a state of rapid development and
become the leader of China's economic development.
Meanwhile, the internationalization of these areas has
become a trend of future development. This paper will
explore Belt and Road initiative, the global economic
impact and long-term planning development under the
background of global cooperation and financial system.
Keywords :
Belt and Road; Financial Cooperation; Global Economy; Regional cooperation
