CHINESE PROJECT "ECONOMIC BELT OF THE SILK ROAD"
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CHINESE PROJECT "ECONOMIC BELT OF THE SILK ROAD"
Annotation
PII
S0321-50750000616-3-1
Publication type
Article
Status
Published
Pages
8-12
Abstract

In the fall of 2013, Chinese President Xi Jinping at the meeting with Kazakh President Nursultan Nazarbayev announced the launch of the project «The Economic Belt of the Silk Road» (EBSR), which consists of two parts - an overland belt through Kazakhstan and Russia to European countries and maritime zone through the South-East Asia. Later, these two projects were named as the initiative «One belt - one way.»Implementation of this project will provide an opportunity not only to develop greater cooperation between China, Europe and adjacent territories, including Russia, but also facilitate the solution of the world’s global political and economic problems. Construction of the EBSR become a part of the plan of the social and economic development 13th Five-Year Plan (2016-2020.), Which must be announced at the NPC session in March 2016.In 2015, Russia and China issued a joint statement on cooperation in the construction of the Eurasian Economic Union (EAEC) and the EBSR. The implementation of these two large-scale projects will allow, on the one hand, Russia and other members of the EAEC to create a huge scale transit zone for goods from Europe to Asia, to expand markets for their products both in China and other Asian countries. On the other hand, China will have more opportunities to expand their markets for products and obtaining the necessary raw materials for the economy.

Keywords
China, «Economic Zone of the Silk Road», Russia, Xi Jinping, the Eurasian Economic Union
Date of publication
01.02.2016
Number of purchasers
0
Views
514
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Additional sources and materials

1. China Daily. October 30,2015, p. 12. 
2. Sovmestnoe zayavlenie RF i KNR o sotrudnichestve po sopryazheniyu stroitel'stva EAEhS i Ehkonomicheskogo poyasa Shelkovogo puti, 8 maya 2015 g. // Ehkonomicheskij poyas Shelkovogo puti. M., Russkij biograficheskij institut, Institutehkonomicheskikh strategij, 2015. S. 22.
3. Remyga V.N., Padalko V.I. Novaya global'naya strategiya Kitaya - Ehkonomicheskij poyas Shelkovogo puti // Ehkonomicheskij poyas Shelkovogo puti… S. 66.

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