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54 China Int'l Stud. 56 (2015)
Innovation on Financing Should Pave the Way for Realizing the Belt and Road Initiative

handle is hein.journals/chintersd54 and id is 56 raw text is: Innovation on Financing should Pave the Way for Realizing the Belt and Road Initiative Ding Yfan During a recent research tour in the Xinjiang Uygur autonomous region and my visit to Huoerguosi Port, I have found some issues concerning the relationship between the relaxing of financing regulation and difficulties in fund usage. Therefore, I think that there are some issues between financing innovation and the implementation of the Belt and Road Initiative that need to be resolved. I would like to share my personal perspective on these issues. The Belt and Road Initiative Will Promote Investment and Growth Many people in China have doubts about the real benefits the Belt and Road Initiative will bring to the Chinese economy. They think that investments in the Silk Road Economic Belt and the 21st Century Maritime Silk Road are risky and will not produce effective returns. Why then has the government launched the Belt and Road Initiative? From the end of 2001, when China joined the World Trade Organization to 2009, one year after the global financial crisis erupted, the Chinese economy achieved rapid development, primarily due to China's exports. Chinese exports maintained double-digit growth over that period. Ding Yifan is Senior Research Fellow, Development Research Centre of the State Council, and Vice President, Chinese Society of World Economy. The article was originally published in the Chinese-language journal International Economic Review, Issue 4, 2015. Innovation on Financing should Pave the Way for Realizing the Belt and Road Initiative 56 China International Studies

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