Abstract
AbstractIn 2013, Chinese President Xi Jinping advised to establish the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road,” also referred as the Belt and Road Initiative or the New Silk Roads Policy. The intention is to promote international and regional trade as well as cooperation in and between Asia and Europe. Consequently, international maritime and terrestrial freight transport corridors are either established or strengthened and operated. The purpose of this paper is to reflect the Belt and Road Initiative from the perspective of logistics. The aim is to identify and formulate circumstances, expectations, opportunities, and peculiarities of logistics along the New Silk Roads. For this purpose, four corresponding challenges will be considered and outlined after an introduction to the Belt and Road Initiative. The four logistics challenges concern the awareness of new freight transport corridors and the assessment of possibilities for opening new transport relations and new markets, the implementation of new and the adaptation of existing supply chains to increase strategic logistics flexibility, the availability and use of digital infrastructure and connectivity for improved communication and coordination of logistical processes, and the willingness to consider regional and cultural differences in the preparation and realization of supply chain decisions.
Highlights
In 2013, Chinese President Xi Jinping advised to establish the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road,” referred as the Belt and Road Initiative or the New Silk Roads Policy
Logistics challenges may occur, for example, the revision of supply chain designs with respect to the availability of freight transport corridors, the ensuring of strategic logistics flexibility considering new logistics hubs and freight villages along the New Silk Roads, the accessibility to digital processes and communication platforms reducing digital divide conflicts, as well as the significance and appreciation of cultural influences on interregional supply chain decisions
Logistics challenges are outlined related to the realization and operation of modified as well as new maritime and terrestrial silk roads based on the Belt and Road Initiative
Summary
In 2013, China proposed to establish the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road,” referred to the long-term development policy called Belt and Road Initiative, One Belt One Road, or New Silk Roads. The pattern of logistics networks and supply chains is likely to be reshaped, and more countries and regions as well as their markets may become favorable for international enterprises and motivate facilities relocation processes (Hammami and Frein 2014; Khan and Haasis 2020; Rodrigue and Hesse 2006; Ye 2020; Ye and Haasis 2018) Against this background, logistics challenges may occur, for example, the revision of supply chain designs with respect to the availability of freight transport corridors, the ensuring of strategic logistics flexibility considering new logistics hubs and freight villages along the New Silk Roads, the accessibility to digital processes and communication platforms reducing digital divide conflicts, as well as the significance and appreciation of cultural influences on interregional supply chain decisions
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