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Global Trade and Investment under OBOR: International Symposium of the Five-Year Anniversary of the OBOR Initiative
TNC ONLINE   2018-12-13 14:31:18 Author:TNCR Source: Font size:[Large][Middle][Small]

In order to promote the theoretic studies and academic exchanges related to One Belt and One Road (OBOR) Initiative when at its 5th anniversary and to discuss the up-to-date advances in the theory and implementation on international trade and investment, warmly welcome to the Global Trade and Investment under OBOR: International Symposium of the Five-Year Anniversary of the OBOR Initiative, which takes place in Hangzhou from October 18 to 20, 2018.

This symposium is jointly organized by the School of Economics of Zhejiang University and the Transnational Corporations Council of Studies (TNCCS) in Canada. In addition to many distinguished experts from China, a number of well-known experts and scholars on world economy and international trade from United States, Canada, and Hong Kong have been invited to speak to the symposium.

OBOR Initiative: Promoting Internationalization in China

 

· One Belt One Road Initiative (i.e. the Silk Road Economic Belt and the 21st Century Maritime Silk Road): Initiated in 2013 (65 out of 195 countries in the world, 4.4 billion out of 7.5 billion world population and 40% of the global GDP).
· 2015 formalized the initiative plan, released/led by the central CPC, involved with 65 countries for six economic zones
· According to the data, since 2016, the word “OBOR” has become one of most often appeared terms in the China Daily, highly powerful and influential newspaper

Financing OBOR: Three International Development Funds

 

· AIIB(US$50-100 billion) in Jan 2016 officially opened: Asian Infrastructure Investment Bank, as of June 2017, 56 members with 24 prospective members  
· BRICS New Development Bank (US$50-100 billion); and
· Silk Road Fund (US$40 billion: China foreign reserve–65%; CIC-15% and EXIM/CDB–20%)(CIC-China Investment Corporation; EXIM-China Export-Import Bank; CDB-China Development Bank)

Supporting OBOR: Three National Economic Strategies

  

· Beijing-Tianjin-Hebei Economic Band (Jingjinji Metropolitan Region, J.J.J.): 10% of China’s GDP with heavy industry, esp. manufacturing in the North China
· Yangtze River Delta (YRD) Economic Zone in the east China: 28 major cities from Shanghai, Jiangsu, Anhui and Zhejiang;
· Pearl River Delta (PRD) Metropolitan Region in south China:  The metropolitan region consist of one metropolitan area known as the Yuegang'ao Greater Bay Area or Guangdong—Hong Kong—Macau Greater Bay Area.
 

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