China Type Asian Economic System

Abstract

China initiates the Belt One (OBOR) expansion strategy which is composed of the Silk Road Economic Belt (SREB) and 21st Century Maritime Silk Road (21st CMSR) expansion sub-strategies, seeking to integrate the 27 countries (perhaps 65 ones around the world) along the lines of OBOR Asian economic system with a demography of 4.4 billion, $US 21-trillion- dollar giant market into China type Asian economic system via the OBOR expansion strategy. On the one hand, China can exert itself in giving full play in the following advantageous areas such as the construction of infrastructure, high-speed railway, nuclear energy, industrial manufacturing, e-commerce, military manufacturing, etc.; on the other hand, China can also shift its surplus production capacity, capital, technology as well as labor-intensive industries into establishing China type Asian economic system so that China’s dream for interconnectivity, common prosperity and rise of Asia comes true finally.