Rosario Santa Gadea Duarte: Chinese experience and the potential role of the "Belt and Road" initiative under the perspective of Latin America
August 31, 2022 08:35 Source: "China Social Sciences", August 31, 2022, Issue 2482 Author: Rosalio San Gadia Durtalte

  

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Dear participants who attended this International Forum,I will give you the most sincere greeting to you in Perulima。Today I will use the perspective of Latin American countries, especially Peru,,Talking about the main experience of China as the contributor to global economic development,and the "Belt and Road" initiative how to help the Ratish America's national industrial structure adjustment and economic development。

 The main engine that drives world economic growth

After decades of rapid development,China has become the second largest economy in the world after the United States,and become a major engine of the growth of world economic growth。Looking forward to the future,According to the prediction,China will become the world's largest economy by 2050。China has become the main driving force for world trade,It is the world's largest exporter and the second largest importer。Investment,China is now an important foreign direct investment output country,This is largely bet365 live casino games driven by its "going global" strategy。Current,The world economy has been seriously affected by the popularity of new crown pneumonia.,But China's economic development is still strong。In 2020, it is the only major economy in the world to achieve positive GDP growth,and its economic growth rate in 2021 is obviously much higher than that of the developed economy。Forecast according to the International Monetary Fund,This trend is likely to last until 2022 and 2023。Looking at it for a long time,China's development goals are by 2049,When the 100th anniversary of the founding of the People's Republic of China,Entering the ranks of developed countries,This means that China's role as a world economic contributor will continue to be strengthened。In view of this,Other emerging economies such as Peru,It is necessary to study how to use China's development to promote its own economic growth and realize the change of industrial structure,Especially the self -positioning of realizing the exporter of the main raw material。We believe,The experience explored in the development of China and the potential role played by the "Belt and Road" initiative will become a powerful means to achieve this goal。

  Chinese experience of getting out of the "secondary income trap"

Latin American economies Bet365 lotto review are like China, as China,and facing "secondary income trap"。From a broad sense,This concept refers to economic growth traps,It means that some middle -income countries cannot maintain enough per capita economic growth,Failure to become a high -income country。Unable to increase productivity is one of the most important reasons to cause middle income traps。In this regard,China's strength is reflected in its highest productivity in the Asia -Pacific region in the past few decades,provided experience reference for other middle -income economies。Of course,It must also be taken into account the huge differences between China and other economies at the same time。So,This is not a way to completely copy China,Each country should find the development path suitable for itself according to its own actual situation。But China's successful experience is mainly reflected in the extraordinary abilities shown in the formulation and implementation of long -term planning,In Peru and other Latin American countries,Long -term planning is the most lacking。In just decades,China has experienced an unprecedented economic transformation。Initial,It has completed the transformation from the agricultural economy to the "world factory",Now it is changing to innovative drive -type bet365 Play online games high -tech economies。We can learn from the Chinese industrial transformation,Especially in productivity growth、The mechanism of attracting foreign direct investment and absorbing foreign technology and professional knowledge,and the role of the Special Economic Zone。Infrastructure construction is a reference example of another key area provided by China,Other areas include regional development、Open process、Open process、Innovation, etc.。There is also a crucial aspect,The evolution of China's export -oriented manufacturing model and its rise in the global value chain,This process can provide opportunities for export diversification of other emerging economies such as Peru。The challenge in this area is that the economic relations between Peru and other Latin American countries and China are not concentrated on this product,Instead, it is mainly in terms of raw material exports and China's key investment in the mining industry。

  Pay attention to the potential role of the "Belt and Road" initiative

China's main economic partners in Latin America are Mexico and Argentina、Brazil、Chile and Peru。These countries have strong complementarity with China,Through bilateral and multilateral cooperation, it has strongly promoted the regional economic prosperity,But the high trade between the two parties is concentrated bet365 live casino games in primary products,It is easy to suffer from the economic cycle、The impact of international demand fluctuations and the influence of commodity prices。other,Secondary income economies need to transfer to economic activities with higher added value,It is necessary to achieve diversification of export and investment。Peru is the major mineral exporter in the world,is moving towards diversified exports。Except for traditional minerals,Peru's fresh and processing foods are gradually expanding export scale。Manufacturing can be used as another complementary area of ​​cooperation between the two parties,Especially those supply chains that can be embedded in the Asia -Pacific region、Intermediate products led by Chinese companies,So that Peru integrates this process as a production center,The "Belt and Road" initiative will be an opportunity to move towards this goal。

People usually think,The "Belt and Road" initiative is just a plan for China to invest in infrastructure in other countries。,The core concept of this initiative is to establish an economic corridor,Including the construction and production of interconnected infrastructure relying on the special economic zone, etc.,To promote the integration into the global value chain。So,The "Belt and Bet365 app download Road" initiative also involves the construction of an economic corridor,instead of infrastructure construction projects。The extension of the initiative in Latin America actually means the extension of the 21st Century Maritime Silk Road in the Pacific。So,Promoting the implementation of the initiative should not be limited to supplementing the gap for the construction of an infrastructure of a country,should focus on those infrastructure projects that can promote the development of cross -Pacific relations,Including logistics and other related production projects。In short,The extension of the "Belt and Road" initiative to the Latin American countries shall include the establishment of one or more cross -Pacific Economic Corridors,This enriches the cooperation agenda and field of China。From this perspective,Each country should deploy from the national level,Put your own infrastructure、Logistics and production projects as part of the future cross -Pacific Economic Corridor,This promotes the diversification of production in Latin American countries、Enhance competitiveness and eventually promote economic development。

Editor in charge: Changchang
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