China's Digital Silk Road

Abstract

The article is devoted to the analysis of the development of China's technologies as the main strategic component of the reform policy and the formation on this basis of a new model of the country's development. The state and structure of China's digital economy and the main directions of its development in the new era are considered. Using the example of the world leader in the field of advanced information and communication technologies, the global transnational company (TNC) Huawei, the state, dynamics and prospects for promoting Chinese technologies in the world in the format of building the Digital Silk Road (DSR) are shown. On the example of individual countries and regions, the state and features of the formation of regional blocks of the Digital Silk Road are considered. It is emphasized that in the context of the pandemic, the growing tightening of US sanctions and the actual blockade of the US market, the digital economy of China has become the core and basis for the formation of the DSR. The regional block of Southeast Asia, which is close to China, is dynamically developing in this direction. The countries of the Middle East and Latin America have a significant potential for cooperation. Despite the sanctions, certain opportunities and prospects remain in Europe. Africa is becoming an important strategic asset for construction of the DSR. Separately, the state of cooperation between China and Russia in the field of information and communication technologies in the context of Western sanctions, as well as the possibility of forming on this basis the Russian-Chinese Common digital community (CDC) with the prospect of its development into a single Eurasian digital space (EADC) are analyzed. Finally, it is concluded that China will continue to actively build a global DSR based on the promotion of Chinese technologies to world markets in the course of implementing the goals and objectives of the 14th Five-Year Plan.