How will the Belt and Road initiative advance China’s exports?

Wang, Mei Ling; Qiu, Qian; Choi, Chang Hwan

doi:10.1080/13602381.2018.1525855

Cited by 30 publications

(20 citation statements)

References 20 publications

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“…Zhao et al [26] discussed on the LPI of countries along Silk Road Economic Belt and its impact on international trade of Xinjiang. Wang et al [1] found that LPI had a more positive effect on China's exports after the BRI than before it.…”

Section: Literature Reviewmentioning

confidence: 99%

“…"Sound development of logistics is a prerequisite for promoting a country's competitiveness", according to Connecting to Compete: Trade Logistics in the Global Economy issued by the World Bank in 2018. In 2013, China's President Xi Jinping put forward major initiatives to jointly build the Silk Road Economic Belt and the 21St Century Maritime Silk Road, which has attracted great attention from the international community [1]. The proposals are officially termed the Belt and Road Initiative (BRI).…”

Section: Introductionmentioning

confidence: 99%

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Impact of Logistics Development Level on International Trade in China: A Provincial Analysis

Cao

Ji-yuan

2021

Sustainability

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Transport infrastructure and logistics are gradually becoming important factors affecting global trade. At the same time, with the international logistics corridor along the Belt and Road Initiative (BRI) going deep into construction, China is emerging as a unique case to study how logistics affects international trade. Therefore, based on the evaluation index system of logistics development level of China’s provinces by using the entropy method, this paper systematically analyzed the impact of logistics development level on bilateral trade from 31 China’s provinces to 65 countries along the BRI by using the improved gravity model with data for the period 2008–2018. Empirical results show: (1) Logistics development level had significantly promoted international trade development. (2) Compared with partner countries, China’s provincial logistics development level presented a greater impact on bilateral trade. (3) Influence of logistics development level was manifested in different periods, different international and regions, especially, logistics development level coefficient of the western region was negative, while that in eastern region was positive. In view of the above research results, we argue that strengthening domestic and international logistics construction is not only conductive to the sustainable development of China’s future trade, but also help to realize the coordinated development between China’s eastern, central and western regions.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Impact of Logistics Development Level on International Trade in China: A Provincial Analysis

Cao

Ji-yuan

2021

Sustainability

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“…Several papers focus on its trade and FDI effects. For example, Wang et al (2018) examined the impact of the BRI on Chinese exports. They asserted that since the Initiative was launched, the expanded infrastructure and improvements in logistics performance have had a positive effect on China's exports.…”

Section: Literature Reviewmentioning

confidence: 99%

Identifying export opportunities for China in the ‘Belt and Road Initiative’ group of countries: a decision support model approach

Cameron

Cuyvers

et al. 2021

JITLP

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Purpose This paper aims to identify China’s realistic export opportunities (REOs) among the “Belt and Road Initiative” (BRI) group of countries. Design/methodology/approach The methodology used is a decision support model (DSM) that filters data based on country risk; macro-economic country performance; market potential in terms of import growth and import market size; and market access conditions. The high-potential REOs are revealed. Findings Out of the 84 BRI countries, 79 countries represent 42.5% of China’s REOs globally and 26.9% of China’s globally untapped potential value. Interestingly, 17.9% of this untapped potential is in the BRI countries Poland, Austria and the Czech Republic, thus providing a potentially important route into the European Union. Research limitations/implications If China wants to develop additional or new markets, focus should be put on the BRI markets outside of the top 20. China should also invest in the development of most BRI economies, to ensure their future growth and increased demand for import of products and services from China. Practical implications The shortlist of China’s REOs in the individual BRI countries makes for more efficient planning and prioritising of export development activities. It also highlights the need for policymakers to look beyond international trade and focus on how to also improve the domestic economies of the BRI partners. Originality/value To the best of authors’ knowledge, this paper is the first to use the DSM to identify China’s REOs at HS6-digit level within the BRI group. The findings have important implications for China’s export promotion agencies, industry associations and individual companies.

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“…Such as lowering entry barriers, strengthening public services and encouraging college students, scientists and engineers to start new innovative businesses (GEM, 2016). These actions have achieved some positive results, such as improved the new venture registration number hugely (Xinhua, 2018 (Baniya, Rocha Gaffurri, & Ruta, 2019;Wang et al, 2019). For example, the achievements from the implementation of the Belt & Road Initiative significantly improve the exports growth in China (Wang et al, 2019).…”

Section: Future Research Agenda For International Entrepreneurshipmentioning

confidence: 99%

“…These actions have achieved some positive results, such as improved the new venture registration number hugely (Xinhua, 2018 (Baniya, Rocha Gaffurri, & Ruta, 2019;Wang et al, 2019). For example, the achievements from the implementation of the Belt & Road Initiative significantly improve the exports growth in China (Wang et al, 2019). Additionally, the new and improved Belt & Road Initiative transport infrastructure has significant positive impacts on trade flows of Belt & Road Initiative countries (Baniya et al, 2019).…”

Section: Future Research Agenda For International Entrepreneurshipmentioning

confidence: 99%

Early Internationalizing Firms' Capabilities

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How will the Belt and Road initiative advance China’s exports?

Cited by 30 publications

References 20 publications

Impact of Logistics Development Level on International Trade in China: A Provincial Analysis

Impact of Logistics Development Level on International Trade in China: A Provincial Analysis

Identifying export opportunities for China in the ‘Belt and Road Initiative’ group of countries: a decision support model approach

Early Internationalizing Firms' Capabilities

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