|Table of Contents|

Research on the impact of the “Belt and Road” Initiative on China's participation in global economic governance and its countermeasures(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2024年04期
Page:
76-86
Research Field:
国际经济与贸易
Publishing date:
2024-08-20

Info

Title:
Research on the impact of the “Belt and Road” Initiative on China's participation in global economic governance and its countermeasures
Author(s):
LIN Faqin1; 2;  YU Jinglei1; 2
(1. Beijing Research Center of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, Beijing 100083, China; 2. School of Economics and Management,China Agricultural University, Beijing 100083, China)
Keywords:
global economic governance;  the “Belt and Road” Initiative;  economic globalization;  institutional reform;  world finance
PACS:
F125
DOI:
-
Abstract:
To explore the impact of the “Belt and Road” Initiative on China's participation in global economic governance, a global economic governance participation index system was constructed. Authoritative data from 2010 to 2020 were selected, and the entropy weight method was used for measurement. The study found that during the construction of the “Belt and Road”, China has changed its position in global economic governance through four major initiatives: enhancing international cooperation confidence, establishing a stable core circle of friends, proposing Chinese solutions for global issues, and increasing China's discourse power in the international financial field. The study shows that after the “Belt and Road” Initiative, China's participation in global economic governance has significantly increased, but it still faces risks and challenges such as intensified major power rivalry, decreased willingness for interaction from certain countries along the route, and the misinterpretation of goodwill cooperation. To maintain the advantages of the “Belt and Road” and gain more opportunities, it is necessary to boost confidence, integrate resources, and enhance cultural exchanges.

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Last Update: 2024-08-20