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Opportunities and challenges in promoting the «One belt, one road» initiative in China


Chen Syue, Tsiyu Minfen
(about the authors)

Chen Syue – (Yanjing technical University Institute of accounting)

Tsiyu Minfen – (Institute of Finance and taxes, Central University of Finance and Economics)

Published in:
Creative Economy
– Volume 12, Number 8 (August 2018)

JEL classification: N15, N25, N45, N75

Keywords: economic cooperation between Russia and China, One belt - one road initiative, Russia and China


Citation:
Chen Syue, Tsiyu Minfen (2018). Opportunities and challenges in promoting the «One belt, one road» initiative in China. Creative Economy, 12(8), 1065-1072. doi: 10.18334/ce.12.8.39275


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Abstract:

The article discusses the opportunities and challenges in the process of promoting the «One belt, one road» initiative in China. The authors presented recommendations for the construction of «One belt, one road»: to adhere to the principle of «joint discussion, joint creation and joint use»; to strengthen the mechanism of intergovernmental cooperation and exchange; to actively pursue cultural exchanges, create a political environment of mutual trust and resolve differences and misunderstandings; to focus on the interface of development strategies and plans of all countries to achieve mutual benefit.







References:
Gao Tszisyan (2012). Regionalnoe razvitie ekonomiki i sotsiologii: praktiki Rossii [Regional development of economics and sociology: Russian practices] Pekin: Izd.KSiN.KNR. (in Russian).
Tyan Chunshen (2015). Ekonomika i diplomatiya, model sotrudnichestva KNR I RF [Economy and diplomacy, model of cooperation between China and Russia] Pekin: Izd.KSiN.KNR. (in Russian).