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Study on the impact of the Belt and Road Initiative on China’s overseas infrastructure investment-- Take the power station project as an example

In: Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)

Author

Listed:
  • Pei Yu

    (Wuhan University of Technology, School of Economics)

  • Yuhan Qiu

    (Wuhan University of Technology, School of Economics)

Abstract

Infrastructure construction is the core of the Belt and Road Initiative, especially at this stage, countries around the world are committed to improving the green level of infrastructure, so as to cope with the continuous deterioration of global climate, and the construction of China’s overseas infrastructure investment projects has attracted much attention. Based on this, this paper constructs the mechanism of the impact of the “Belt and Road” Initiative on China’s overseas power infrastructure construction, and according to the statistics of China’s overseas investment inventory database(COFI), takes 338 power station projects invested and constructed by China in 70 countries along the “Belt and Road” from 2000 to 2020 as research samples, and constructs a set of balanced panel data. The mechanism was tested empirically by using the method of multi-stage difference-difference. The study confirms that the Belt and Road Initiative in general has significantly increased China’s power plant infrastructure in countries along the route, particularly promoting clean power plants and high-quality projects in high-income countries.

Suggested Citation

  • Pei Yu & Yuhan Qiu, 2024. "Study on the impact of the Belt and Road Initiative on China’s overseas infrastructure investment-- Take the power station project as an example," Advances in Economics, Business and Management Research, in: Khaled Elbagory & Zefu Wu & Hamdan Amer Ali Al-Jaifi & Shafie Mohamed Zabri (ed.), Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024), pages 700-710, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-408-2_76
    DOI: 10.2991/978-94-6463-408-2_76
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