The most popular the Belt and Road is a major stra

  • Detail

"The the Belt and Road" is a major strategy to improve the open economic system. The "the Belt and Road" is a major strategy to improve the open economic system. Since the "the Belt and Road" initiative was put forward more than a year ago, we have strengthened connectivity, accelerated the implementation of the free trade zone strategy, and established the Silk Road Fund with "policy communication, facility connectivity, smooth trade, financing, and people to people connectivity" as the main content, We have carried out extensive economic and trade cooperation, solidly promoted the construction of key projects, comprehensively promoted bilateral, multilateral, regional and sub regional cooperation among countries along the belt and road from point to area, from line to piece, actively connected and participated in by countries along the belt and road, and made gratifying progress in promoting the construction of the "the Belt and Road". There is no turning back. Although the process of promoting the "the Belt and Road" will inevitably encounter challenges and problems, China's determination to practice the concept of win-win cooperation will not change. We have reason to believe that with the comprehensive and solid promotion of the "the Belt and Road" strategy, "the Belt and Road" will become more and more popular and achieve more results

the importance of building the "the Belt and Road" to meet the special needs for high temperature characteristics; 2. To develop PE and PP films blended with inorganic or organic materials; 3. The significance of completely changing the matrix materials

the implementation of the "the Belt and Road" strategy is of great economic and political significance both at present and in the long run. First, it is an effective way to alleviate the contradiction of current insufficient demand. After more than 30 years of rapid development, a major change in China's economic growth mechanism is that supply constraints have changed to demand constraints. Insufficient total demand has become the main contradiction in the current economic operation, and overcapacity is the concentrated expression of insufficient demand. At present, the increasing downward pressure on the economy and the prominent deflation trend are the results of the test and simulation results caused by insufficient demand. The implementation of the "the Belt and Road" strategy can create huge export demand and transfer excess production capacity abroad, thus enhancing the driving force for domestic economic development

secondly, it is necessary to solve the bottleneck of energy and resources supply faced by the long-term development of domestic economy. Most of the surrounding countries have a low level of development, are in a vertical division of labor with China's industries, and are rich in energy resources. Connectivity with neighboring countries and the establishment of convenient channels with large traffic volume, such as railways and waterways, will help transform the resource advantages of neighboring countries into economic advantages, so that they can catch the fast-moving train of China and achieve the goal of mutual benefit and win-win

third, it is conducive to improving the efficiency of the use of foreign exchange reserves. China has 3trillion US dollars of foreign exchange reserves. At present, more than half of them are US dollar assets, most of which are purchases of US Treasury bonds. The yield is not high. Through the construction of the "the Belt and Road", many investment opportunities will be created in countries along the belt and road. Whether it is investment in infrastructure construction, industry, commerce and circulation, it will bring higher returns than buying US Treasury bonds

fourth, it is conducive to building harmonious and stable peripheral relations. The "the Belt and Road" initiative will link China more closely with the economies of neighboring countries and form a relationship of mutual benefit, cooperation and common development. Close economic cooperation will inevitably bring about harmonious and stable political relations, thus creating a stable surrounding environment

overseas investment in the context of the "the Belt and Road" will focus on the connectivity with neighboring countries, including the construction of land north, West, South and maritime transport channels; The transportation modes include railway, highway, water transportation, aviation and pipeline construction. Since there are many countries adjacent to China and there are many infrastructure projects to be built, project optimization should be carried out according to priorities. It should be gradually promoted according to financial resources. When selecting projects, we should act in accordance with economic laws and put economic benefits first. Therefore, a thorough economic and technical demonstration should be conducted for the selected projects to ensure that the investment can be recovered on schedule and that the invested funds can enter a virtuous circle. Scientific assessment shall be made on the ecological impact and various adverse factors of the construction project, and the construction procedures shall be strictly followed to avoid investment risks

to expand overseas investment in the context of the "the Belt and Road", we should grasp the following investment priorities:

first, the shortage of domestic energy resources. Mainly oil, natural gas, iron ore, aluminum ore, copper ore, potassium ore, etc. With the economic development, China's market demand and import of these energy resources are increasing, and the import of soybeans is rising rapidly. We should focus on these scarce products, invest overseas, and strive to establish a stable overseas supply base. Generally speaking, it may be more advantageous to purchase the equity of mature resource enterprises through the stock market than to directly purchase mineral resources, because it does not need to make relevant infrastructure investment for the development of mineral resources

second, encourage enterprises to carry out international mergers and acquisitions. It is a shortcut to realize the transformation and upgrading of enterprises to select foreign enterprises with good scientific and technological resources and marketing network for M & A, so as to improve the innovation ability and international operation ability of domestic enterprises. The international financial and economic crisis makes it difficult for enterprises in some developed countries to operate, and provides a golden opportunity for Chinese enterprises to carry out international mergers and acquisitions. Financial institutions shall support enterprises to "go global" to carry out international mergers and acquisitions

third, encourage enterprises to develop processing trade overseas. At present, Chinese enterprises in Electromechanical, textile and metallurgical industries have the ability to develop processing trade overseas. Encouraging some enterprises to develop processing trade overseas can drive the export of spare parts and raw materials. Under the current situation that export growth is blocked, export demand can be created through the development of processing trade. In other words, the export of goods and services is driven by capital export. Developed countries have done this for many years and benefited a lot from it. The newly industrialized countries have solved the problem of narrow domestic market by developing processing trade in China. We should learn from them

fourth, encourage enterprises to undertake construction projects overseas. In terms of infrastructure construction, Chinese enterprises have strong competitive advantages. Undertaking more railway, highway, port and housing construction projects overseas can drive the export of construction materials, construction machinery and labor services. By implementing the "the Belt and Road" strategy, we should give full play to the advantages of Chinese enterprises and expand the foreign construction market

fifth, encourage enterprises to set up R & D institutions overseas. In order to make use of foreign scientific and technological forces and improve the scientific and technological innovation ability of enterprises, enterprises should be encouraged to set up scientific research institutions abroad. Huawei, for example, has set up its research institutions in the United States, in Mathematics in Russia, and in software research and development in India, so as to select talents from all over the world. This is easier than inviting foreign scientific and technological talents to China, and it is worth learning from

how to improve the success rate of overseas investment

compared with domestic investment, overseas investment has more uncertainties and risks. In order to avoid risks, we should not only adopt correct strategies, but also pay attention to tactics. Summarizing the experiences and lessons of some enterprises in recent years, the following aspects should be paid attention to. Fully occupy the relevant information of the investment project. It is necessary to conduct sufficient investigation and Research on potential investment projects, including careful and scientific analysis on the investment income and risks of the project, fully understand the laws, culture and customs of the investment target country, and make prudent investment decisions on the basis of listening to the opinions of all parties. With the help of Chinese agencies abroad and local consulting companies. Chinese embassies and consulates abroad have the and obligation to help domestic enterprises go global. Enterprises interested in overseas investment should first listen to the opinions and suggestions of Chinese institutions abroad. At the same time, an authoritative advisory body familiar with local laws and investment business shall be employed as a staff member. A small investment in this area may bring much greater benefits and reduce mistakes and losses

adopt diversified equity investment as far as possible. It should be based on the actual situation, otherwise cavitation will occur, so as to avoid fighting alone. It will be more convenient to invest alone, but the ability to resist risks is generally weak. If we can find partners from several different countries, especially enterprises with strong anti risk ability, as partners, we can often enhance the security of investment projects. Many experiences and lessons have been learned in this regard. Give full play to the coordinating function of trade associations in investment. In order to prevent domestic enterprises from competing with each other in overseas investment, trade associations should play a role. In this regard, we should learn from Japanese enterprises and Japanese industry associations. Japanese enterprises rarely compete with each other in foreign investment, mainly because trade associations play an important coordinating role

simultaneously promote rural reform and agricultural modernization

expand overseas investment, and some labor-intensive and resource intensive industries will be transferred abroad, mainly to Southeast Asia and other countries with lower labor costs. However, there are still a large number of surplus labor in rural areas. The total rural labor force is still 260million, accounting for 36% of the total social labor force. On average, each agricultural labor force can only plant less than 7 mu of land. Agricultural labor productivity is less than one third of the average labor productivity of the whole society, which is the fundamental reason for the current large income gap between urban and rural areas. According to the calculation of the Ministry of agriculture, in the single season agricultural areas in the north, a farmer grows 100-120 mu of land; In double season agricultural areas, a farmer can plant 50-60 mu of land, so that the agricultural labor productivity can catch up with the average labor productivity of the whole society, the income of farmers can catch up with the income level of urban residents, and farmers can become a decent career. Therefore, by refocusing on rural reform and promoting the large-scale operation of coal and development land, the provinces with the most important task of reducing production capacity often rely heavily on the land, so that more farmers can be liberated from the land and transferred to the secondary and tertiary industries, and their families can be transferred to the cities, so as to effectively narrow the income gap between urban and rural areas and achieve the goal of building a moderately prosperous society in all respects by 2020. Therefore, when encouraging overseas investment, we should try our best to avoid the loss of a large number of employment opportunities overseas, and encourage the surplus rural labor force to transfer to non-agricultural industries as soon as possible. This is a major issue that must be considered from the overall perspective. According to foreign experience, countries that have entered the ranks of high-income countries and avoided falling into the middle-income trap have basically eliminated the income gap between urban and rural areas. If the average income level of more than 600million rural people is still less than one third of that of urban residents, it is impossible to join the ranks of high-income countries. Therefore, expanding overseas investment must be organically combined with industrialization, urbanization and agricultural modernization to speed up the pace of agricultural modernization

Copyright © 2011 JIN SHI