The Role of Unilateral Tax Incentives in Africa in the Context of ‘One Belt, One Road’ As A Driver of Quality Development

This paper examines the impact of China’s unilateral tax incentives for African countries on their high-quality development in the context of the Belt and Road Initiative. By analyzing the policy background, objectives and current situation, the paper discusses the role of tax incentives in promoting infrastructure construction, industrial upgrading, employment improvement and regional economic connectivity in African countries. The study shows that tax incentives provide important development opportunities for African countries, promoting their economic diversification and technological progress, while upgrading the level of local human capital. However, there are some challenges in the implementation of the policies, such as the weakness of infrastructure and institutional environment in African countries, imbalance in trade structure and potential friction caused by international competition. To address these problems, the paper proposes countermeasures such as optimizing policy design, enhancing policy transparency, promoting two-way investment and technological cooperation between China and Africa, and promoting regional integration.