Abstract
This paper offers an overview of the size, progress, and impact of the Belt and Road Initiative, based on a relatively comprehensive examination of relevant literature, policy documents, and academic essays to dissect various aspects of mega-project. It delves into the theoretical foundations that underpin the initiative, including theses on economic integration and Beijing’s use of soft power, explores the role of China’s grand strategy in shaping the Belt and Road Initiative, emphasizing the dual objectives of securing sustained domestic growth and expanding Beijing’s global influence. Aimed at advancing both geopolitical and geoeconomic interests, the Belt and Road Initiative is expected to play a larger role in regional infrastructure connectivity and global economic transformation.
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