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Analysis of the Development Level of Geo-Economic Relations between China and Countries along the Belt and Road

Author

Listed:
  • Wei Hu

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China)

  • Yuejing Ge

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China
    Academy of Plateau Science and Sustainability, Xining 810008, China
    School of Geographical Science, Qinghai Normal University, Xining 810008, China)

  • Qin Dang

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China)

  • Yu Huang

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China)

  • Yuan Hu

    (School of Economics, Dongbei University of Finance and Economics, Dalian 116025, China)

  • Shuai Ye

    (School of Geographical Science, Qinghai Normal University, Xining 810008, China)

  • Shufang Wang

    (School of Geographic and Environmental Sciences, Tianjin Normal University, Tianjin 300387, China)

Abstract

With the continuous advancement of the Belt and Road Initiative, countries along the Belt and Road are becoming the most important geo-economic space for China’s peaceful rise. This paper constructs a geo-economic model to measure the geo-economic relations between China and countries along the Belt and Road, analyzes the spatial-temporal patterns of geo-economic flow between China and these countries, and discusses the spatial agglomeration of geo-economic flow between China and these countries. The results show that the geo-economic flow between China and the countries along the Belt and Road is increasing and the geo-economic relations between China and these countries are continuing to improve. Trade flow is far greater than investment flow, and China’s geo-economic relations with these countries have mainly relied on trade flow. The spatial differentiation of geo-economic flow between China and countries along the Belt and Road is significant. The development of geo-economic relations is unbalanced, and regional powers play an important role. The geo-economic center of gravity of China and countries along the Belt and Road was moving in the northeastern part of India and it first moved to the northwest and then to the southeast. China’s geo-economic space has obvious core-peripheral structure characteristics, and Southeast Asia is the core area of China’s geo-economic space. China’s geo-economic space presents a northwest-southeast pattern in the direction. There has been a significant, positive spatial autocorrelation in geo-economic flow between China and the countries along the Belt and Road, but the overall spatial agglomeration has been weak. The geo-economic flow agglomerations of China and these countries have mainly occurred in Southeast Asia, and the main agglomeration type has been high–high. The geo-economic activities of China and Southeast Asia had certain spatial spillover effects. To promote the sustainable development of China’s geo-economic relations with the countries along the Belt and Road, China should upgrade investment networks with these countries, optimize geo-economic relations with regional powers, and promote the full development of trade flow, investment flow and other geo-economic element flow.

Suggested Citation

  • Wei Hu & Yuejing Ge & Qin Dang & Yu Huang & Yuan Hu & Shuai Ye & Shufang Wang, 2020. "Analysis of the Development Level of Geo-Economic Relations between China and Countries along the Belt and Road," Sustainability, MDPI, vol. 12(3), pages 1-21, January.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:3:p:816-:d:311868
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    References listed on IDEAS

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    2. Wei Hu & Yuejing Ge & Zhiding Hu & Na Li & Li Ye & Ziran Jiang & Yun Deng & Shufang Wang & Yue Shan, 2022. "Features of Geo-Economic Network between China and Countries along the 21st Century Maritime Silk Road," Sustainability, MDPI, vol. 14(18), pages 1-22, September.
    3. Alves, Ana Cristina & Gong, Xue & Li, Mingjiang, 2023. "The BRI: A new development cooperation paradigm in the making? Unpacking China’s infrastructure cooperation along the Maritime Silk Road," World Development, Elsevier, vol. 169(C).
    4. Xiaohui Sun & Jianbo Gao & Bin Liu & Zhenzhen Wang, 2021. "Big Data-Based Assessment of Political Risk along the Belt and Road," Sustainability, MDPI, vol. 13(7), pages 1-20, April.
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