The implementation of the Silk Road economic belt by 2030 will lead to significant changes, both at the level of global and at the level of China’s national economy. Domestically, the economic and geographical orientation of China will be fixed by 2030. At the global level, the Silk Road economic belt will bring about changes in the corporate map of the region, the increase of the international use of the yuan, the improvement of transport infrastructure in the regions, and the decrease of the potential of military conflicts. However, such positive results cannot be achieved without solving the existing contradictions and conflicts that could arise in the future. To resolve a large part of the contradictions, it is desirable to engage companies from other countries for the project implementation, create industrial consortiums with foreign companies for the project implementation, involve foreign investment funds for project financing, and consider the interests of neighbors in the project.
This article was originally the conference paper for Silk Road Forum 2015 and has been granted authorization to use by Primakov Institute of World Economy & International Relations (IMEMO).
Executive summary is based on the article. Copyright © Primakov Institute of World Economy & International Relations (IMEMO). All rights reserved.