Proceedings of the 4th International Symposium on Business Corporation and Development in South-East and South Asia under B&R Initiative (ISBCD 2019)

The Belt and Road Initiative Under the New Era

Authors
Li Ma, Gang Gong
Corresponding Author
Li Ma
Available Online 9 July 2020.
DOI
10.2991/aebmr.k.200708.055How to use a DOI?
Keywords
new normal, the Belt and Road Initiative, the opening strategy
Abstract

The opening strategy of a country should be adapted to the stage of its economic development. Since the reform and opening-up in 1978, the economy of China has entered a new stage of development-the new normal. The new normal not only means that the strategy of domestic economic development in China turns to supply-side structural reform, at the same time, the new normal is also the logical starting point for China’s new opening up strategy- the Belt and Road Initiative. Belt and Road Initiative means that China will look for its own peripheral countries through Belt and Road Initiative. For the peripheral countries of China, China should no longer pursue export and trade surplus, but should promote large imports and trade deficit with RMB. For this reason, Belt and Road Initiative must also go out with the internationalization of RMB and foreign direct investment in RMB.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 4th International Symposium on Business Corporation and Development in South-East and South Asia under B&R Initiative (ISBCD 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
9 July 2020
ISBN
978-94-6252-983-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.200708.055How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Li Ma
AU  - Gang Gong
PY  - 2020
DA  - 2020/07/09
TI  - The Belt and Road Initiative Under the New Era
BT  - Proceedings of the 4th International Symposium on Business Corporation and Development in South-East and South Asia under B&R Initiative (ISBCD 2019)
PB  - Atlantis Press
SP  - 288
EP  - 292
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200708.055
DO  - 10.2991/aebmr.k.200708.055
ID  - Ma2020
ER  -