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The Influence of the Belt and Road on the Development of Green Economy

In: Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

Author

Listed:
  • Yutong Li

    (Tianjin Nankai High School)

Abstract

In 2013, China put forward the Belt and Road Initiative, which aimed at cooperating with countries along the route in many ways to promote common development. Beside the development of infrastructure playing a critical role in development, the Belt and Road Initiative is comprehensive in nature also including policy dialogue between and within the connected states, free trade across the regions, common financial support, and person to person exchange. The Belt and Road Initiatives play a significant part in the growth of a green economy at a time when environmental protection is a global concern, but they are not without difficulties. According to our research on Central Asia, the Belt and Road Initiative has the ability to stabilize economically underdeveloped regions by incorporating the success of developing markets. From the standpoint of constructing the Belt and Road as a whole, this article evaluates the impact of the Belt and Road Initiative on green economic development, growth possibilities, and difficulties and gives recommendations for future development.

Suggested Citation

  • Yutong Li, 2023. "The Influence of the Belt and Road on the Development of Green Economy," Advances in Economics, Business and Management Research, in: Hrushikesh Mallick & Gaikar Vilas B. & Ong Tze San (ed.), Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022), pages 491-501, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-098-5_55
    DOI: 10.2991/978-94-6463-098-5_55
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