From "AIIB" to "the Belt and Road": the New Reform and Opening-up and "Top-down Design" under the Background of “New Normal” --- Based on the Gradient Theory and the Theory of Comparative
Jie Gao, Yun-long Ding
Available Online August 2016.
- https://doi.org/10.2991/icassr-15.2016.110How to use a DOI?
- AIIB, the Belt and Road, gradient transfer, comparative advantage, reform and opening-up.
- The purpose of this paper attempts to use the gradient theory and comparative advantage theory to analyze the AIIB and “the Belt and Road” strategy, to prove that these are the best strategic choice under the background of Chinese economic “new normal”. The paper performs a comparative analysis based on the Asia Infrastructure Investment Bank, World Bank, Asian Development Bank and New Development Bank(BRICs), and also on the traditional reform and opening-up, western China development, and the new reform and opening-up with “the Belt and Road”. In advancing the Belt and Road Initiative, China will fully leverage the comparative advantages of its various regions, adopt a proactive strategy of further opening-up, strengthen interaction and cooperation among the eastern, western and central regions, and comprehensively improve the openness of the Chinese economy. The findings could be helpful to understand the impact of AIIB and “the Belt and Road”. The paper emphasizes Chinese new gradient transfer and comparative advantages with AIIB, “the Belt and Road” and other strategies, which will help China to go through the “new normal” stably, across the middle income trap, become powerful and innovative, and develop in collaboration with other countries.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Jie Gao AU - Yun-long Ding PY - 2016/08 DA - 2016/08 TI - From "AIIB" to "the Belt and Road": the New Reform and Opening-up and "Top-down Design" under the Background of “New Normal” --- Based on the Gradient Theory and the Theory of Comparative BT - 3d International Conference on Applied Social Science Research (ICASSR 2015) PB - Atlantis Press SP - 401 EP - 404 SN - 1951-6851 UR - https://doi.org/10.2991/icassr-15.2016.110 DO - https://doi.org/10.2991/icassr-15.2016.110 ID - Gao2016/08 ER -