Challenges, Opportunities and Prospects of Cooperation Under The 16+1 And Belt and Road Initiative

Sun Jie
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Sun Jie: IWE

Global Economic Observer, 2019, vol. 7, issue 1

Abstract: - The world economy could be divided into several zones, and according to the basic framework of economic theory, trade which promoted by labor division, will increase productivity, give incentive to growth and improve welfare. The BRI intends to strengthen cooperation among relevant countries by facilities connection, convoy the ideas of open, harmony and inclusive development by market–oriented actions. Cooperation under the 16+1 and the BRI aims at building jointly, facing challenges together and sharing benefits mutually.

Keywords: 16+1; BRI; trade (search for similar items in EconPapers)
JEL-codes: F F0 (search for similar items in EconPapers)
Date: 2019-06
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