"The Belt and Road" strategic significance, opportunities and challenges
General secretary Xi Jinping has proposed the construction of "new Silk Road Economic Belt" in twenty-first Century and "maritime Silk Road" strategy in September 2013 and October, this idea has attracted domestic and national attention, and a strong resonance region and the world. The effect was so large, it is is the profound significance of this grand vision, has unlimited opportunities.
"The significance of Belt and Road Initiative" strategy
Strategic conception of "The Belt and Road" means that China's opening up the strategic transformation. This idea has attracted domestic and national attention, and a strong resonance region and the world. It has such a huge effect, is that this grand vision is of great significance to.
profoundfirst, strategy of "The Belt and Road" conforms to the needs of the regional structural transformation of the opening up of China. As everyone knows, the party held in 1978 the third Plenary Session of the 11th CPC Central Committee opened the China historic journey of reform and opening-up. From the beginning of 1979, we have established 5 special economic zones including Shenzhen, opening and development of 14 coastal ports Shanghai city and Pudong New Area, have opened 13 border, 6 River and 18 inland provincial capital city, set up a special policy park many. But obviously, pre opening key in the southeast coast, Guangdong, Fujian, Jiangsu, Zhejiang, Shanghai and other provinces and cities to become the "leader" and the first beneficiary while the majority of the Midwest has always played the role of "followers", which to some extent resulted in the East, West, regional imbalance. "The Belt and Road" especially "area" originated in the west, but also the main To go through to West Asia and Europe, this will make the geographical pattern of China's opening up a major adjustment, from the central and western regions as the new development and revitalization affects to bear responsibility for 2/3 of the land area of the region, and the eastern region together plays an important role in China go out. At the same time, the eastern region is contiguous with the "free trade zone" construction to further enhance the level of opening up, China's.
is still an important engine of all-round openingthe strategic concept of "The Belt and Road" conforms to the China factor flow transformation and international industrial transfer. In the early stage of reform and opening up, Chinese low level of economic development, we need capital, technology and management. Therefore, the original opening is mainly by introducing foreign capital, mainly foreign advanced technology and management mode. Data show that from 1979 to 2012, Chinese attracted a total of 763278 foreign investment projects, the total actual use of foreign investment reached $1 trillion and 276 billion 108 million. Admittedly, these foreign companies and foreign capital to promote Chinese economic development, technological progress and management modernization has played a significant role. It can be said that this is a dominant by the developed countries of the international industrial transfer. Now, although the country still needs to large-scale effective investment and technological upgrading, but we have the ability to output according to the elements. Statistics, by the end of 2014, Chinese foreign investment has exceeded 100 billion dollars, has become a net exporter of capital. "The Belt and Road construction to conform to the new trend of China factor flow." The Belt and Road "strategy through policy communication, roads Unicom, trade flow, the circulation of money, the people connected to the" five links ", will Chinese production factors, especially the quality of excess capacity to transfer out, let along with the" road "in developing countries and regions to share the fruits of development China.
third, "strategic vision The Belt and Road" conforms to the need of economic cooperation with other countries Chinese structural change. In the early days, Chinese opening to Europe, US, Japan as the representative of the developed economies with capital, technology and management advantages, and long-term in a closed state of the China just they become the biggest investment paradise. So, Chinese early opening can be said is mainly in the developed countries and regions. Now, China economy faces a task of comprehensive transformation and upgrading. The long-term construction form some capacity needs way, and the world at present there are still many developing countries are facing the same the problem was Chinese. Therefore, through the "The Belt and Road" construction, to help these countries and regions such as roads, bridges, ports and other infrastructure, help them develop some industries such as textile Clothing, household appliances, even automotive manufacturing, steel, electricity, etc., to improve their economic development level and production capacity, conform to the needs of China's industrial technology upgrading.
fourth, "strategic vision The Belt and Road" conforms to the international trade and economic cooperation mechanism of transition should be.2001 years, China joined WTO, a member of the world trade organization. Which has a great influence Chinese "into the world" on China's economic aspects. It can be said that this is a majority of the members of WTO in compliance with the national economic and trade agreement mechanism, to a certain extent through a few countries on the Chinese economic blockade. However, in recent years, the international trade mechanism is also undergoing profound changes and new trends. "The Belt and Road" strategy and Chinese free trade zone strategy are closely related. The data shows, at present in our country in the construction of a free trade area, covering 32 countries and regions. In the construction of the free trade area, mostly in the "The Belt and Road along. Therefore, China free trade zone strategy will continue with the" The Belt and Road "implementation of the strategy and implement and Development.
"New opportunities facing the construction of The Belt and Road"
"Belt and Road Initiative" is a grand strategy, the construction process it not only relates to many countries and regions, to mobilize many industries and the huge amount of elements, which produces all kinds of opportunities immeasurable. Mainly in the following aspects:
first, industrial innovation opportunities. Industrial innovation relates to industrial transformation and upgrading and industrial transfer brings dividends. With the implementation of the "The Belt and Road" strategy, the transfer of some quality surplus industry will China to some other countries and regions. In China, because the market supply and demand change, some of the excess industry, perhaps in the other the country can just be a reasonable valuation; in China, because of rising factor costs and make some industries, products lose price competitiveness, perhaps in other countries, low cost factors will make these industries revitalized. In China, because the export of some developed countries is limited and influenced the development of the whole industry, perhaps in other countries to circumvent these barriers, and so on. In addition, due to the industrial transformation and upgrading of industrial transfer caused more opportunities, such as technological innovation, R & D investment, brand tree etc. Will give investors unlimited opportunities,.
second, financial innovation has brought opportunities. "The implementation of The Belt and Road" strategy we need to have adequate cash flow, a huge amount of money demand can only be solved by financial innovation. We have initiated the establishment of Asian investment bank "and" Silk Road Fund ", but it can only solve the problem of funds, along with along the" road "countries and regions will be all kinds of financial innovation, including the release of various types of securities, the establishment of various types of funds and financial innovation mechanism and so on, the bonus and opportunity even unthinkable.
third, regional innovation opportunities. "The Belt and Road" is essentially an international regional economic category, with the implementation of the "The Belt and Road" strategy, will lead to regional innovation in different countries and regions, including the regional development pattern of regional industry, strategy selection, technical path of regional economy. The inter regional cooperation and so on, each of the innovation contains unlimited opportunities.
"Should pay attention to The Belt and Road" problems of strategy implementation
"The implementation of The Belt and Road" strategy is not only an opportunity is full of challenges, we need to have some sense of risk, and a.
first, since 1999, China government has encouraged enterprises to "go out". The initial investment mostly concentrated in some of the world's poorest countries mining projects. In recent years, with China's growing economic strength, China foreign investment for the first time exceeded the inflow of foreign capital, foreign investment has been guided to developing economies and in the developed economies more high-profile projects. Five or six years ago, Chinese "going out" mode basically around the commodity, now began to implement the bidding mechanism in some countries for the construction of infrastructure projects. We know some along "with" along the "road" developing and more willing to accept our investment, but because some of the national political situation is not very stable, the concept of difference between different political parties, once a party to step down, will change the past foreign policy, which will To our country in these countries a huge investment risk. Therefore, we must the political pattern of these countries in the implementation of the "The Belt and Road" strategy, make a careful study of the legal environment, make risk response plans before investment, investment risk will be reduced to the lowest.
second, "any innovation The Belt and Road" in the implementation of the strategy in fact there will be potential risks, especially the financial innovation based virtual economy contains a multiplier risk, we need to always keep alert.
finally, the implementation of the "The Belt and Road" strategy must adapt to the domestic economic situation. We want to see, Chinese overcapacity is relative; in fact, there are still a lot of space, in the infrastructure construction. If we have a brilliant future regardless of these domestic actual demand and blindly to foreign investment and industrial transfer that may have a crowding out effect on domestic investment and industrial "hollowing out". We have to be vigilant.