The Impact of the "Belt and Road" Initiative on the Trade of the Countries Along the Route and the Role of China

Since the launch of the BRI (BRI) in 2013, it has become a key platform for promoting economic cooperation among participating countries. Drawing on the BRI Aviation Trade Index, Maritime Silk Road Trade Index, and various related economic indicators, this paper employs the ARIMA (Auto-Regressive Integrated Moving Average) model and a multi-dimensional comprehensive evaluation model to systematically assess trade and economic growth in BRI countries. The analysis shows that, since the initiative’s implementation, trade volumes and gross domestic product (GDP) in these countries have generally been on the rise, with countries maintaining close economic ties with China showing particularly strong performance. Through comprehensive evaluation, the paper further examines the BRI's impact on industrial restructuring, investment flows, and national income, while also identifying the challenges it faces in promoting regional economic development. In response to these challenges, the paper proposes a set of policy recommendations to provide guidance for future international cooperation.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2025-02-27
DOI
https://doi.org/10.54097/h39gwm45
Primary Topic
Global trade and economics
Type
article
Field-Weighted Citation Impact
0.00
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article

The Impact of the "Belt and Road" Initiative on the Trade of the Countries Along the Route and the Role of China

Na Zhang
Highlights in Business Economics and Management
Global trade and economics
article

The Impact of the "Belt and Road" Initiative on the Trade of the Countries Along the Route and the Role of China

Na Zhang
article en

Abstract

Since the launch of the BRI (BRI) in 2013, it has become a key platform for promoting economic cooperation among participating countries. Drawing on the BRI Aviation Trade Index, Maritime Silk Road Trade Index, and various related economic indicators, this paper employs the ARIMA (Auto-Regressive Integrated Moving Average) model and a multi-dimensional comprehensive evaluation model to systematically assess trade and economic growth in BRI countries. The analysis shows that, since the initiative’s implementation, trade volumes and gross domestic product (GDP) in these countries have generally been on the rise, with countries maintaining close economic ties with China showing particularly strong performance. Through comprehensive evaluation, the paper further examines the BRI's impact on industrial restructuring, investment flows, and national income, while also identifying the challenges it faces in promoting regional economic development. In response to these challenges, the paper proposes a set of policy recommendations to provide guidance for future international cooperation.

Highlights in Business Economics and ManagementVol. 51
Chongqing Technology and Business University (CN)
Openalex Percentile: Top 88%
Global trade and economics
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