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"One Belt and One Road" and Free Trade Zones¡ªChina's New Opening-up Initiatives

Author

Listed:
  • Justin Yifu Lin

    (National School of Development, Peking University, Beijing 100871, China)

Abstract

"One Belt and One Road" and Free Trade Zones are two of China's new opening-up strategies developed in response to the changed domestic and international circumstances. Implementation of these strategies can provide China with a sounder market economic system and a better external environment. It can not only help China to further develop into a high income country, but also facilitate the industrialization and modernization of other developing countries.

Suggested Citation

  • Justin Yifu Lin, 2015. ""One Belt and One Road" and Free Trade Zones¡ªChina's New Opening-up Initiatives," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 10(4), pages 585-590, December.
    • Handle: RePEc:fec:journl:v:10:y:2015:i:4:p:585-590
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    File URL: http://journal.hep.com.cn/fec/EN/10.3868/s060-004-015-0026-0
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    Citations

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    Cited by:

    1. Jian Zhang & Meixia Ren & Xin Lu & Yu Li & Jianjun Cao, 2022. "Effect of the Belt and Road Initiatives on Trade and Its Related LUCC and Ecosystem Services of Central Asian Nations," Land, MDPI, vol. 11(6), pages 1-18, June.
    2. Le Chang & Jing Li & Kee-Cheok Cheong & Lim-Thye Goh, 2021. "Can Existing Theories Explain China’s Outward Foreign Direct Investment in Belt and Road Countries," Sustainability, MDPI, vol. 13(3), pages 1-17, January.
    3. Gengyuan Liu & Asim Nawab & Fanxin Meng & Aamir Mehmood Shah & Xiaoya Deng & Yan Hao & Biagio F. Giannetti & Feni Agostinho & Cecília M. V. B. Almeida & Marco Casazza, 2021. "Understanding the Sustainability of the Energy–Water–Land Flow Nexus in Transnational Trade of the Belt and Road Countries," Energies, MDPI, vol. 14(19), pages 1-19, October.
    4. Shuo Wang & Junnian Song & Xian’En Wang & Wei Yang, 2019. "The Spatial and Temporal Research on the Coupling and Coordinated Relationship between Social Economy and Energy Environment in the Belt and Road Initiatives," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    5. Te Bao & Yun Dai & Yanxiang Feng & Shuai Liu & Ruixin Wang, 2023. "Trade liberalisation and trade and capital flows: Evidence from China pilot free trade zones," The World Economy, Wiley Blackwell, vol. 46(5), pages 1408-1422, May.
    6. Panibratov, Andrei & Chen, Xinchuan, 2018. "The role of informal institutions in the internationalization process of Chinese and Russian firms," Working Papers 15115, Graduate School of Management, St. Petersburg State University.
    7. Li, Yuan & Bolton, Kierstin & Westphal, Theo, 2016. "The effect of the New Silk Road railways on aggregate trade volumes between China and Europe," Working Papers on East Asian Studies 109/2016, University of Duisburg-Essen, Institute of East Asian Studies IN-EAST.

    More about this item

    Keywords

    Chinese economy; free trade zone (FTZ); One Belt and One Road;
    All these keywords.

    JEL classification:

    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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