The economic effects bet365 mobile betting 10th anniversary bet365 mobile betting joint construction bet365 mobile betting “Belt and Road” initiative
November 07, 2023 10:02 Source: "bet365 mobile betting Journal" Issue 2767, November 7, 2023 Author: Yang Qinglong

Jointly building the “One Belt, One Road” initiative,As a Chinese advocate、It has been ten years since the open bet365 mobile betting cooperation mechanism with global participation was formally proposed and implemented。At this special time node,Systematic summary of the economic effects of jointly building the “One Belt, One Road” initiative,has important theoretical and practical value。

  Improve the efficiency of bet365 mobile betting trade and bet365 mobile betting investment

One of the key contents of the joint construction of the “Belt and Road” initiative is “unimpeded trade”,The key is to reduce bet365 mobile betting trade barriers and bet365 mobile betting investment barriers,Improving the level of trade and investment facilitation。So-called trade and investment facilitation,refers to the entire process of bet365 mobile betting trade and bet365 mobile betting investment,By simplifying the service process、Improve infrastructure、Standardize the institutional framework and other methods,Reducing barriers to bet365 mobile betting trade and investment,Create a more convenient bet365 mobile betting trade and investment environment,Optimize resource allocation and improve the efficiency of bet365 mobile betting trade and investment,Usually includes improvement of procedures and systems、Three basic paths to resource allocation optimization and information transparency。

In order to better play the positive role of the joint construction of the “Belt and Road” initiative in improving the efficiency of bet365 mobile betting trade and bet365 mobile betting investment,You can start from the following three aspects。First, promote the negotiation and upgrade of free trade agreements with countries co-building the “Belt and Road” (hereinafter referred to as “co-building countries”)。Actively sign free trade agreements with co-building countries,Eliminate or reduce tariff and non-tariff barriers,Increase the freedom of bet365 mobile betting trade and investment,Enhance market entities before entering、The level of facilitation in the process of production and operation or market withdrawal。The second is to speed up the construction of public infrastructure in the joint construction of the country。Make full use of the financial service advantages brought by the Asian Infrastructure Investment Bank and Public-Private-Partnership,Advantages of PPP) model,Accelerate the construction of public infrastructure in the joint construction of the country,Optimizing the availability of transport services and the quality of communications and power infrastructure。The third is to enhance political mutual trust。Adhere to "joint discussion、Co-construction、Share、Mutual trust、Mutual benefit” principle,Adhere to the concept of "a community with a shared future for mankind",Strengthen cultural exchanges,Enhance political mutual trust,Provide a safe external environment guarantee for the “Belt and Road” construction and transnational economic and trade cooperation。

 Ensure the safety and stability bet365 mobile betting industrial chain and supply chain

The joint construction of the “Belt and Road” initiative focuses on bet365 mobile betting trade and bet365 mobile betting investment,But beyond bet365 mobile betting trade and bet365 mobile betting investment,It not only involves the import and export of goods、bet365 mobile betting flow of factors and the development of world markets based on this,It also involves the connection and integration of a country’s industrial chain and supply chain with other countries, especially co-building countries。First, shape the competitive and cooperative relationship of industrial and supply chains between China and co-building countries。With the continuous advancement of the joint construction of the “Belt and Road” initiative,Industrial and supply chain cooperation among co-building countries has been strengthened,Can reduce cooperation costs between upstream and downstream enterprises,Conducive to cultivating the core competencies of enterprises,Enhance the company’s response speed and ability to respond to environmental changes,Optimize production and transaction processes,Continuously create “cooperative rent”,Achieving a “win-win” situation for cooperative enterprises,Promote the integration of industrial and supply chains between China and co-building countries。The second is to promote the forward and backward integration and interaction of the industrial chain and supply chain。China’s foreign direct investment in co-building countries,From state-owned enterprises as the main body to private enterprises as the main body,From infrastructure and energy to manufacturing, wholesale and retail。The overseas economic and trade cooperation zones established by Chinese enterprises in co-building countries account for more than half of the overseas economic and trade cooperation zones established by Chinese enterprises overseas,And 20 national-level overseas industrial parks are located in co-building countries。2022,The import and export trade volume between China and co-founding countries reached 13.83 trillion yuan,Accounting for 32% of China’s total foreign trade.9%。The resource-intensive products of the jointly constructed country have become an important source of upstream product supply for China,This will help strengthen the integration and interaction of the industrial chain and supply chain。

At present, there is still much room for improvement in industrial chain and supply chain cooperation between China and some regions (especially South Asia such as India)。The first is to shift from one-way trade dominated by market acquisition to two-way trade dominated by market sharing。Use the domestic “super large-scale market advantage” to improve domestic production supporting capabilities and technical capabilities,Encourage the establishment of “Belt and Road” bilateral or multilateral free trade areas,Stimulate trade potential between China and co-building countries,Cultivate export markets in a targeted manner and optimize the sources of imported products。The second is to form China’s technological advantages and jointly build national resources、bet365 mobile betting production network system with complementary advantages of labor factors。Leverage the advantages of production technology in high-end manufacturing,Transfer some production links or processes to the co-building country,Encourage machinery、Transportation、Communication、Power and other advantageous industries “go global”,Explore and establish a technical cooperation alliance or build a technical cooperation network suitable for countries co-building the “Belt and Road”,Strengthen the construction of supporting systems for the national industrial chain,To promote localized operations。

 Promote domestic and bet365 mobile betting dual cycles to promote each other

The new development pattern is a natural extension of the joint construction of the “Belt and Road” initiative in the context of the new era,There is endogenous ductility between the two,The joint construction of the “One Belt, One Road” can play a positive role in promoting the mutual promotion of the domestic cycle and the bet365 mobile betting cycle – as an important way to promote China’s opening up to the outside world and connect various major domestic regions,Conducive to promoting bet365 mobile betting circulation through more comprehensive opening up。Jointly building the “Belt and Road” construction reduces domestic market obstacles,Reduced domestic logistics costs and trade costs,By exerting the "local market effect",Comparative advantages that help shape export trade。At the same time,We can expand the bet365 mobile betting market and create new bet365 mobile betting demand by connecting and co-building countries to strengthen the bet365 mobile betting cycle。Especially the opening and development of China-Europe freight trains,Achieved including sea transportation、Diversified transportation including land transportation,Promote the positive interaction between the domestic circulation and the bet365 mobile betting circulation on the basis of forming a new bet365 mobile betting logistics channel。

Better play the positive role of the joint construction of the “Belt and Road” initiative in the new “dual cycle” development pattern,You can start from the following aspects。First, expand the scale of import and export trade。Joining the Belt and Road Initiative has shortened the average trade transportation time by 4%、Reduced by 3.5% trade cost,We must further promote the process of trade liberalization、Smooth trade links、Unblock trade choke points,Promote the expansion of trade between China and co-building countries。The second is to play a linking role in bet365 mobile betting investment。In the process of jointly building the “One Belt, One Road” initiative,The integrated investment, construction and operation model has become an important development idea for Chinese enterprises to “go global”,Can further strengthen foreign direct investment,Promote China's advantageous industries from processing and manufacturing to joint design、Cooperative R&D、Branding、Extension of high-end links such as marketing。The third is to improve the connectivity level of multilateral rules。Adhere to equal emphasis on “hard connectivity” and “soft connectivity”,While strengthening infrastructure construction,Promoting policies to jointly build the country、Rules、China Unicom in standards and other aspects,Strengthen the connection and integration with multilateral economic and trade rules,Promote China and co-building countries to achieve the greatest degree of consensus and cooperation space。The fourth is to optimize the channel path of the development platform。Give full play to the top-level design role of the “Belt and Road” bet365 mobile betting Cooperation Summit Forum,Strengthen cooperation with existing bet365 mobile betting organizations,Develop and strengthen the Asian Infrastructure Investment Bank and the BRICS New Development Bank,Leverage the leading role of China bet365 mobile betting Import Expo,Through Silk Road Fund、China-Africa Industrial Cooperation Fund、China-Latin America Industrial Capacity Cooperation Investment Fund and other equity investment institutions,An important investment project that drives social capital to jointly build the “Belt and Road” countries。

  Achieve inclusive growth bet365 mobile betting linkage

What needs to be noted is,The “One Belt, One Road” initiative is improving the efficiency of bet365 mobile betting trade and investment between China and co-building countries、Ensuring the safety and stability of the industrial chain and supply chain、The three aspects of promoting "dual circulation" are not isolated and mutually reinforcing.,But it is linked。For example,Improving the efficiency of bet365 mobile betting trade and bet365 mobile betting investment will help reduce domestic transaction costs and bet365 mobile betting transaction costs,Ensure the safety and stability of the industrial and supply chains between China and the countries co-building the “Belt and Road” and help promote the positive interaction between the domestic cycle and the bet365 mobile betting cycle;The security and stability of the industrial chain and supply chain help reduce economic operation risks,Thus improving the efficiency of bet365 mobile betting trade and bet365 mobile betting investment and promoting the optimal combination of domestic and bet365 mobile betting circulation;The mutual promotion of domestic circulation and bet365 mobile betting circulation can help reduce over-reliance on European and American countries,This will help improve the efficiency of bet365 mobile betting trade and investment and ensure the security and stability of the industrial and supply chains。

Of course,While the joint construction of the “Belt and Road” initiative plays the above-mentioned positive role,There are still some "shortcomings" and problems,For example: The immature financial markets of some co-building countries result in weak financial market linkage,There are systemic risks in the operation process and information sharing of the industrial chain and supply chain。Considering that the joint construction of the “Belt and Road” initiative is a new model leading global inclusive growth,In the future, it is necessary to further strengthen the concept of a community with a shared future for mankind contained in the joint construction of the “Belt and Road” initiative,Through bilateral or multilateral cooperation,Inheritance、Improvement、Innovation、Integrate existing bet365 mobile betting economic and trade rules,Better safeguard the interests of developing countries。While enlarging the "remaining cooperation" between China and the countries co-building the "Belt and Road",Better allocate "cooperation surplus" to achieve steady improvement in the welfare level of each country,Effectively promote the inclusive growth and sustainable development of China and co-building countries。

  (This article is a phased result bet365 mobile betting National Social Science Fund general project "Research on the Reform bet365 mobile betting Multilateral Trading System and China's Plan from the Perspective of Major Power Cooperation" (20BJY194)

(The author is an associate professor at the School of Economics and Management, Nanjing Institute of Technology、Special researcher at the Yangtze River Institute of bet365 mobile betting Economics, Nanjing University)

Editor: Cui Bohan
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