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Analysis of International Financial Cooperation Strategy under the Background of the “Belt and Road”

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DOI: 10.25236/ecomhs.2018.072

Author(s)

Pei Wang, Beizhong Hu, Ming Luo

Corresponding Author

Pei Wang

Abstract

The Belt and Road is an important strategic goal in China's future development plan and a new international regional economic cooperation platform. Under the far-reaching influence of the world financial crisis, the global economic recovery is weak. The Belt and Road initiative is promoting regional economic stability and prosperity. The significance of the global economic development is significant. The Belt and Road breaks through the traditional regional economic cooperation concept with the theme of trade and investment facilitation. Under the new global economic structure, the Belt and Road provides the international public products that benefit the countries and regions along the same line, and the downturn in the global economy. Growth provides new impetus and provides new solutions to the maintenance of the multilateral trading system. Policy communication, facility connectivity, trade smoothness, capital finance, and people's heart are the five main lines of the Belt and Road, including the financial support for the construction of the Belt and Road. From this, financial services for the Belt and Road Construction and development are of great significance. The paper focuses on the issue of international financial cooperation strategy in the context of the Belt and Road.

Keywords

Financial Cooperation Strategy, The Belt and Road, International Business