The Difference between Financial Support and International Capacity Cooperation under the “Belt and Road Initiative”

Abstract

In recent years, the anti-globalization trend and populist forces has been undercurrent, especially the United States to implement protectionism and unilateralism policies, seek US priority interests, and suppress the development of China's high-tech industries. It is necessary to strengthen the “Belt and Road” capacity cooperation, give it a new mission to help countries along the line to participate in and reconstruct the international industrial chain and value chain, and play its positive role in promoting the high-quality development of China's economy in the fourth industrial revolution. To this end, it is necessary to provide strong financial support for the “Belt and Road” industrial cooperation, innovate financial support models, and establish and improve the “Belt and Road” industrial cooperation financial support system. This paper first introduces the status quo and financial support direction of international capacity cooperation under the Belt and Road Initiative, and the issue of capacity cooperation of the “Belt and Road Initiative” initiative. This paper proposes a differentiated analysis of international capacity cooperation based on industry complementarity, and finally gives recommendations on financial support for international capacity cooperation under the “Belt and Road Initiative”. This paper provides a new impetus for the continued sluggish global economic growth, and provides new solutions and China programs for the current global economic and trade development dilemma and the maintenance of the status of the multilateral trading system..