Proceedings of the 3d International Conference on Applied Social Science Research

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

Authors
Jie Gao, Yun-long Ding
Corresponding Author
Jie Gao
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.110How to use a DOI?
Keywords
AIIB, the Belt and Road, gradient transfer, comparative advantage, reform and opening-up.
Abstract
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.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.110How to use a DOI?
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
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  -