Measuring the Benefits of the “One Belt, One Road” Initiative for Manufacturing Industries in China

Hou, Jianing; Chen, Shih‐Chih; De, Xiao

doi:10.3390/su10124717

Cited by 7 publications

(6 citation statements)

References 36 publications

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“…This increased in 2015 by 18% to USD 145.7 billion. This exceeded the FDI inflow of USD 135.6 billion and therefore made China, for the first time, the sole exporter of direct investment [8,9]. In 2017, although China's OFDI flow declined slightly, it was still ranked the second highest investor in history and the third largest in the world.…”

Section: Introductionmentioning

confidence: 99%

China’s One Belt and One Road Initiative and Outward Chinese Foreign Direct Investment in Europe

Lei

Ullah

et al. 2019

Sustainability

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For the last few years, the execution of the Belt and Road Initiative (hereinafter referred to as the BRI) and China’s outward foreign direct investment (hereinafter referred to as OFDI) in Europe have seen a significant upward trend. For our current paper, we collected empirical data pertaining to China’s OFDI and foreign trade (gathered from 21 European countries in the trade gravity market for the period 2003 to 2016) that yielded the following results: (a) China’s OFDI to Europe has significantly promoted international trade between China and European countries. On the other hand, OFDI has equally promoted China’s exports to European counties, while it has not encouraged China’s imports from European counties. (b) The Belt and Road Initiative has had a positive impact on China’s exports to European counties and has had a negative impact on China’s imports from European counties. (c) There have been both complementary trade impacts and substitution trade impacts when China has directly invested in European countries, but the complementary impact was much stronger than its substitution impact in the chosen sample period.

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Section: Introductionmentioning

confidence: 99%

China’s One Belt and One Road Initiative and Outward Chinese Foreign Direct Investment in Europe

Lei

Ullah

et al. 2019

Sustainability

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“…Another novel effective service model we discovered is localization integration. With the deepening of economic cooperation, Chinese manufacturing firms should improve localization and build their industrial bases in the BRR [5]. This service model can be considered a more systematic way of providing customized service.…”

Section: Project-service Delivery: Two New Service Models Discoveredmentioning

confidence: 99%

“…The BRI can also provide opportunities for sustainable development [3,4]. Manufacturing firms can gain significant benefits and achieve win-win outcomes by expanding their businesses in the Belt and Road Region (BRR) properly [5].…”

Section: Introductionmentioning

confidence: 99%

Servitization and Sustainable Value Creation Strategy for China’s Manufacturing Industry: A Multiple Case Study in the Belt and Road Initiative

et al. 2021

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Manufacturers are adding service offerings to satisfy customers’ needs in various markets. Effective strategies for servitization can improve the competitiveness of manufacturers during cooperation. The Belt and Road Initiative (BRI) established by China offers opportunities for economic cooperation and regional integration for the involved countries. Now, many manufacturing firms are expanding their businesses into Belt and Road countries, most firms are facing the “how to do” problems in improving sustainability during their cooperation. They urgently require methodical assistance on both improving competitiveness through servitization and addressing sustainability challenges. This necessitates the firms to develop successful service models for their industrial initiatives and investigate ways to produce long-term sustainable value through services. In addition to the firm’s economic worth, it also entails lowering the project’s negative environmental impact. The results provided effective strategies for manufacturers from two perspectives. The first perspective is the study discovered innovative service models at both the product and project levels. Project-service systems are critical, and manufacturing firms should use innovative service models to deliver projects. The operation method of holistic solution and localization integration project service was addressed in particular in this study. In the second perspective, there are suggestions for achieving sustainability through innovative service models. The methods for preserving sustainable value on the industrial project level were the subject of our study, which included significant criteria and detailed descriptions. The effective project service system should bring sustainable value to the lifespan of an industrial project. This study has determined four major paths to improving sustainable value creation through servitization: improving resource allocation capabilities, reduce carbon emissions through energy project service, technological outputs, and standards exportation. Useful recommendations are provided for manufacturing firms planning to develop their business overseas, especially in BRI countries.

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“…In order to ensure those important sea trade lines, China has initiated a marine security strategy and developed naval facilities in a number of important watery areas. Nine-Dash-Line (NDL), One-Belt-One-Road (OBOR), and Belt Road Initiatives (BRI) are among the strategies undergone by China to promote economic integration (Hou et al 2018) and to connect the global economy (Yan 2018). The most apparent action taken by the Chinese government is the militarization of the waterway around Spratly archipelago (Phillips 2018) which, according to a Chinese naval officer, was built for mainly civilian purposes, and that could be upgraded to military ones if China feels threatened (Bodeen 2019).…”

Section: The Emergence Of China and The Clash Of Interestsmentioning

confidence: 99%

Different Interests Explain Different Proposals: The Contestation of Indo-Pacific Cooperation Framework between ASEAN and the US

Yunanto

Samhudi

2019

JGS

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The rise of China that goes along with strategic shifts around the Indian and the Pacific Ocean has started a new stage of major power contestation recently. ASEAN which acts as a host in Southeast Asia has certain stands to deal with the challenges and opportunities presented by the competition. On the other hand, the US Government with its global interests will never ever allow this region to fall into China’s influence. Simultaneously, both ASEAN and the US have the same approach in this situation to utilize the framework of Indo-Pacific cooperation that is definitively open to any explication in order to gain advantages resulted from the global interaction over the region. Nevertheless, their perceptions on the matter of defining the cooperative framework of Indo-Pacific are apparently diverse. Hence, this paper attempts to analyze the rationale of ASEAN and the US development of the Indo-Pacific cooperative concept based on their respective strategic assessment. This paper argues that the distinctive interests and insight of threats from ASEAN and the US toward the rise of China as well as major power contestation in the region are being the two main factors in their different perceptions on the concept of Indo-Pacific cooperative framework.

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Measuring the Benefits of the “One Belt, One Road” Initiative for Manufacturing Industries in China

Cited by 7 publications

References 36 publications

China’s One Belt and One Road Initiative and Outward Chinese Foreign Direct Investment in Europe

China’s One Belt and One Road Initiative and Outward Chinese Foreign Direct Investment in Europe

Servitization and Sustainable Value Creation Strategy for China’s Manufacturing Industry: A Multiple Case Study in the Belt and Road Initiative

Different Interests Explain Different Proposals: The Contestation of Indo-Pacific Cooperation Framework between ASEAN and the US

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