Search Results (385)

As China has increased implementation of its opening-up strategy and the “Belt and Road” initiative, Chinese enterprises have encountered significant historical opportunities to expand their outward foreign direct investment (OFDI). However, international organizations and major nations are increasingly focusing on nonfinancial indicators for multinational corporations; as a result, enterprises frequently encounter social responsibility crises in cross-border investments. Consequently, Chinese firms must enhance their environmental, social, and governance (ESG) practices to bolster their comprehensive competitiveness, which is crucial for promoting successful international engagement and sustainability. This research explores the U-shaped relationship between ESG performance and OFDI, examining how different stages of the corporate lifecycle affect OFDI. The findings indicate that ESG investments compete with OFDI for internal resources during the introduction, growth, and decline phases, thereby inhibiting OFDI activities. In contrast, strong ESG performance in the maturity phase provides a competitive advantage in international markets, facilitating OFDI. The empirical analysis uses a fixed-effects model on a sample of Chinese A-share-listed companies from 2009 to 2022 and employs the PSM, 2SLS, and System GMM methods to test for endogeneity. The results reveal that (1) a positive U-shape relationship between ESG performance and corporate OFDI, and the inflection point occurs when the ESG score equals 69.04. Moreover, (2) the corporate lifecycle intensifies this nonlinear relationship, with growth-phase firms showing a significant inhibitory effect and mature-phase firms showing a pronounced promotional effect. Finally, (3) the U-shaped relationship between ESG performance and corporate OFDI is more pronounced in nonstate-owned enterprises. Based on these findings, this paper provides targeted policy recommendations for enterprises and governments. Full article

This study investigates critical research gaps in procurement management challenges faced by Chinese contractors in international engineering–procurement–construction (EPC) projects under the Belt and Road Initiative (BRI), with a particular focus on sustainability-oriented outcomes. It examines the following: (1) prevalent procurement inefficiencies, such as communication delays and material shortages, encountered in international EPC projects; (2) the role of supply chain INTEGRATION in enhancing procurement performance; (3) the application of social network analysis (SNA) to reveal inter-organizational relationships in procurement systems; and (4) the influence of stakeholder collaboration on achieving efficient and sustainable procurement processes. The findings demonstrate that effective supply chain integration significantly improves procurement efficiency, reduces delays, and lowers costs, thereby contributing to more sustainable project delivery. Strong collaboration and transparent communication among key stakeholders—including contractors, suppliers, subcontractors, and designers—are shown to be essential for mitigating procurement risks and supporting resilient supply chain operations. SNA results highlight the critical roles of central stakeholders and their relational structures in optimizing resource allocation and enhancing risk management capabilities. Evidence from case studies further indicates that Chinese contractors increasingly adopt sustainability-oriented practices, such as just-in-time inventory management, strategic supplier relationship management, and digital procurement platforms, to reduce inefficiencies and environmental impacts. Overall, this study underscores that supply chain INTEGRATION, combined with robust stakeholder collaboration, is a key enabler of sustainable procurement and long-term competitiveness for Chinese contractors in the global EPC market. The purpose of this study is to identify critical procurement management challenges and propose evidence-based solutions for Chinese contractors. It further aims to develop a sustainability-oriented framework integrating supply chain integration and stakeholder collaboration to enhance competitiveness. Full article

As a core sector of the Belt and Road Initiative (BRI) and dual-circulation pattern, Xinjiang’s cultural tourism industry—its ninth-largest industrial cluster—plays a key role in enhancing industrial competitiveness and regional coordinated development. To fill the research gap of insufficient analysis on China’s western frontier regions in existing tourism cluster studies, this research focuses on 14 prefecture-level cities in Xinjiang (2009–2023) and innovatively adopts a spatiotemporal synergy and dual-dimensional correlation framework, addressing the limitations of previous single-dimensional research. Tourism Location Quotient (TLQ) quantified specialized agglomeration, Local Moran’s I identified spatial correlation patterns, gravity models analyzed horizontal inter-cluster interactions, and Gray Relational Model (GRM) measured vertical driving relationships between cluster development and related dimensions. This approach facilitates an in-depth analysis of the spatiotemporal evolution trajectory of Xinjiang’s tourism clusters and their horizontal-vertical linkage mechanisms. Findings show: (1) Xinjiang’s tourism clusters present a spatial pattern of “Northern Xinjiang as the core, Eastern Xinjiang with differentiated development, and Southern Xinjiang as lagging.” With narrowing regional gaps, their evolution transitions from a “fixed gradient” to “co-evolution.” (2) Agglomeration effects are significant: Urumqi propels Northern Xinjiang to form a “high-high agglomeration zone,” while Southern Xinjiang remains a “low-low agglomeration zone” led by Kashgar. (3) Horizontal linkages evolve from a Urumqi-centered single-core structure to a multi-axis cluster network, and vertical linkages are mainly driven by destination attractiveness and economic support capacity. This study clarifies the spatiotemporal evolution logic and associated driving mechanisms of tourism clusters in arid, multi-ethnic frontier regions, providing a scientific basis for optimizing regional tourism layouts and promoting high-quality development. Full article

The deepening of the “Belt and Road” Initiative urgently requires breaking through the dilemmas of symbolization, unidirectionality, and contextual de-embedding in the export of traditional cultural heritage. This paper takes the 2023 China-Germany “Tracing the Belt and Road” cultural heritage exchange project as the research object, employing a single-case exploratory research method to construct a theoretical model of “narrative carrier innovation—cultural heritage dimension adaptation” aimed at enhancing the effectiveness of cultural heritage dissemination. The study finds that international communication projects for cultural heritage can systematically deconstruct the cultural core (“Dao”) and innovatively adapt modernized, localized dissemination forms familiar to the audiences in the host regions (“Qi”), thereby achieving a paradigm shift from passive introduction to active resonance. The paper specifically elucidates how four types of innovative carriers-digital narrative, public participatory, competitive co-creative, and academic artistic-adapt to the dimensions of historical cognition, aesthetic experience, creative interaction, and value identification in Han Dynasty cultural heritage. This adaptation ultimately forms effective cross-cultural dissemination pathways. This research provides an operable theoretical framework and practical paradigm for “Belt and Road” humanistic exchanges, offering insights for the international dissemination of cultural heritage. Full article

The Belt and Road Initiative (BRI), launched in 2013, is one of the most ambitious global projects of the 21st century, aiming to enhance connectivity and trade between Asia and Europe. Within this framework, the New Eurasia Land Bridge Economic Corridor (NELBEC) stands out as a key transcontinental route where railway logistics plays a central role. However, few studies have systematically assessed the readiness of participating countries to integrate effectively into this corridor. This study aims to develop and apply a composite index to evaluate and compare the logistics and railway readiness of Russia, Belarus, Kazakhstan, and Poland within the NELBEC. The methodology integrates the World Bank’s Logistics Performance Index (LPI) with railway-specific indicators derived from academic literature and institutional datasets. All indicators were normalized, weighted through expert consultation, and aggregated into two dimensions: logistics readiness and railway readiness. The results show that Russia exhibits the highest overall readiness, driven by strong railway capacity but weaker logistics performance, followed by Poland, with advanced infrastructure and efficient customs procedures. Kazakhstan and Belarus present lower readiness levels due to limited terminal capacity and outdated infrastructure. The findings offer policymakers and regional planners a tool to help them make decisions, identify infrastructure bottlenecks, prioritize investments, and design policies that will lead to a more sustainable integration into the BRI. Full article

As a new engine for promoting the high-quality development of China’s foreign trade, digital trade provides new opportunities for enterprises’ low-carbon transition. Based on samples of export industrial enterprises listed in China from 2010 to 2023, this paper uses the digital trade policy represented by the cross-border e-commerce (CBEC) comprehensive pilot zone as a quasi-natural experiment and employs a multi-period difference-in-differences (DID) model to empirically analyze the policy effect of digital trade development on firms’ carbon emission intensity. This research finds that (1) digital trade policies represented by the pilot policy can significantly reduce firms’ carbon emission intensity and (2) the pilot policy can achieve the emission intensity reduction effect through dual paths of “internal innovation deepening” and “external environment optimization”. The internal innovation deepening refers to the green awareness formation and green production implementation of enterprises. External environment optimization refers to financial support resources for enterprises and institutional safeguards for innovation rights of enterprises. (3) Further analysis indicates that the policy effects are more pronounced in firms with higher risk preference, with larger scale, in heavily polluting and high-tech industries, and in the central and northeastern regions. Additionally, the policy demonstrates synergistic effects with the Belt and Road Initiative and exhibits significant spatial spillover effects, benefiting neighboring non-pilot areas. Full article

With the comprehensive implementation of the “Belt and Road” initiative and the Western Development Strategy, the scale of tunnel construction has been continuously expanding, with many tunnels being built in high ground stress and fractured soft rock strata. The design, construction, and operation of tunnels all rely on the surrounding rock pressure as a fundamental basis. Therefore, determining the surrounding rock pressure is essential for ensuring the safe construction of tunnels. However, due to the complexity of geological conditions, differences in construction methods, variations in support parameters, and time–space effects, it is challenging to accurately determine the surrounding rock pressure. This paper proposes a design approach using the surrounding rock pressure design value as the “support force” for the tunnel, starting with the reserved deformation of soft rock tunnels. Based on the calculation principle of the surrounding rock pressure design value, a relationship curve between the support force and the maximum deformation of surrounding rock in high ground stress soft rock tunnels is developed. By combining the surrounding rock deformation grade with the tunnel’s reserved deformation index, a calculation method for the surrounding rock pressure design value for high ground stress soft rock tunnels is proposed. The method is verified by the measured surrounding rock pressure data from the Mao County Tunnel of the Chengdu–Lanzhou Railway. Furthermore, the study integrates the creep characteristics and strain softening properties of soft rock to implement a secondary development of the viscoelastic–plastic strain softening mechanical model. Based on a custom-developed creep model and the calculation method for the surrounding rock pressure design value, the relationship among time, support force, and surrounding rock deformation is comprehensively considered. A calculation method for the surrounding rock pressure design value, accounting for time effects, is proposed. Based on this method, a time-history curve of the surrounding rock pressure design value is obtained and used as the input load. The safety factor time evolution of the rock-anchor bearing arch, spray layer, and secondary lining is derived using the load-structure method, and the overall safety factor time evolution of the tunnel support structure is evaluated. The overall stability of the support structure is assessed, and numerical simulations are compared with field measurements based on the mechanical behavior evolution law of the secondary lining of the Chengdu–Lanzhou Railway Mao County Tunnel. The results indicate that the monitoring data of the internal forces of the field support structure is in good agreement with the numerical calculation results, validating the rationality of the proposed calculation method. Full article

The Belt and Road Initiative (BRI) has reshaped global trade and infrastructure, with port cities as key nodes in its Maritime Silk Road. Quantifying their spatiotemporal development is challenging due to data limitations in emerging economies. This study employs VIIRS nighttime light (NTL) data from 2013 to 2023 to analyze urbanization patterns in twelve BRI port cities spanning Asia, Africa, Europe, and South America. We compile a 12-city cohort; inferential analyses are conducted for a pre-specified six-city subset, while descriptive NTL trends cover all 12. This study makes three contributions: (i) we assemble a cross-sensor harmonized VIIRS NTL record for 12 BRI port cities during 2013–2023; (ii) we integrate Standard Deviational Ellipse(SDE) parameters with rank-size dynamics as a joint diagnostic of urban hierarchy; and (iii) we triangulate NTL with external indicators (GDP, population, port throughput) to validate interpretation. Three key findings emerge: Asian ports experienced pronounced NTL growth, with Singapore approaching saturation, consistent with the luminosity-ceiling hypothesis; SDE analysis shows varied expansion patterns shaped by geophysical and policy factors; and rank-size trends indicate decentralization during the BRI decade, with |q| declining in most cities, challenging the primate-city model. To optimize development, we highlight polycentric infrastructure investment, institutionalized NTL monitoring, and green port certification aligned with sustainability goals. Full article

Against the backdrop of safety becoming a key objective in the restructuring of industrial chains, the impact of China’s outbound foreign direct investment (OFDI) on industrial chain risks warrants further exploration. Based on the Asian Development Bank’s Multi-Regional Input-Output Data (ADB-MRIOD) from 2007 to 2023, this study measures the external risk exposure of industrial chains from both supply-side and demand-side perspectives across 41 Belt and Road Initiative (BRI) economies. Utilizing a two-way fixed effects panel model with lagged variables and instrumental techniques to mitigate endogeneity, we empirically investigate the mechanisms through which China’s OFDI influences the external risk exposure of industrial chains. The findings reveal that (1) China’s OFDI significantly reduces such risk exposure, and (2) effect heterogeneity observed across country groups and sectors—showing stronger mitigation in high-innovation and developing countries, as well as in capital-intensive industries. (3) Mechanism analysis identifies three transmission channels: enhancing the host country’s trade network status, rationalizing its industrial structure, and strengthening Sino-host country industrial linkages. The study provides empirical support for formulating targeted investment policies to enhance supply chain resilience under the BRI framework. Full article

Launched in 2013, China’s Belt and Road Initiative (BRI) was originally devised to link East Asia and Europe through a network of physical and digital infrastructure. This article analyses the BRI’s development in the European context by offering a comparative analysis of 727 BRI and BRI-like projects within 46 European countries from 2005 to 2021. The analysis considers projects’ location, typology, status, and the main enterprises involved in each project. According to our results, there is a “two-speed Europe”. Indeed, while the vast majority of projects are included in the Digital Silk Road (e.g., telecommunication, transfer technology, data centre, 5G, fintech) and are located in North-Western Europe, traditional investments in infrastructure (e.g., ports, roads, railways, SEZ) are concentrated in South-Eastern Europe and the Balkan countries. While North-Western Europe is particularly concerned about cyber security and data protection issues, various South-Eastern European countries look favorably upon the development opportunities offered by the BRI. The BRI is clearly different from the Western approach to development (based on competition and economic liberalism) and integration (based on treaties). The BRI approach—including its platform, leveraging political flexibility, economic pragmatism, ability to mobilize resources, and ability to create synergies between state and business—could take advantage of the flaws of the European integration process. The BRI, with its strengths as well as weaknesses, represents an opportunity for the EU to understand the need for greater economic and political foresight, social cohesion, and economic flexibility to meet the development needs of its member countries. China, too, can draw inspiration from cooperating with EU countries on how to improve the reception of its investment initiatives by focusing on reciprocity, security guarantees, and protection of rights and the environment. Full article

The Belt and Road Initiative (BRI) represents one of the world’s most ambitious transnational infrastructure and investment programs, but its implementation faces considerable external risks. Specifically, these risks include geopolitical instability, regulatory disparities, socio-cultural conflicts, and economic volatility, which threaten project continuity, economic viability, and sustainability of the BRI framework. Consequently, effective risk recognition and prediction has become crucial for mitigating disruptions and supporting evidence-based policy formulation. What should be noticed is that existing risk management frameworks lack specialized, dynamically adaptive indicator systems capable of forecasting external risks specific to international engineering projects under the BRI. They tend to rely on static and traditional methods, which are ill-equipped to handle the dynamic and nonlinear nature of these transnational challenges. To address this gap, we have developed a machine learning-based early warning system. Drawing on a comprehensive dataset of 31 risk indicators across 155 BRI countries from 2013 to 2022, we constructed a stacked ensemble model optimized via Grid Search. The resulting ensemble model demonstrated exceptional predictive performance, achieving an R² value of 0.966 and outperforming all baseline methods significantly. By introducing a data-driven early-warning framework, our study contributes to more resilient infrastructure planning and improved risk governance mechanisms in the context of transnational cooperation initiatives. Full article

Under the Belt and Road Initiative, China and Kazakhstan have developed a strategic partnership in the automotive industry that has progressed through three distinct phases. This study provides a comprehensive analysis of the evolution and future of this cooperation, structured into the Export and Assembly phase (2014 to 2017), the Technology Partnership phase (2018 to 2021), and the Localization and Joint Ventures phase (2022 to 2024). Based on qualitative content analysis of policy documents, industry reports, and media coverage, the paper examines how China’s drive for industrial upgrading aligns with Kazakhstan’s goals of economic diversification and industrial growth. The findings indicate that Chinese automotive companies, such as JAC Motors, have transitioned from exporting vehicles to assembling them locally, transferring technology, and investing in joint ventures, thereby strengthening Kazakhstan’s automotive production and market potential. However, challenges remain, including overcapacity, market saturation, and the need for skilled local labor. The study concludes with recommendations to enhance cooperation through joint research and development, the creation of localized parts manufacturing clusters, and the harmonization of technical standards, offering a replicable model for bilateral partnerships within the Belt and Road framework. Full article

The advancement of green energy is a crucial mechanism for balancing economic growth with environmental sustainability, helping to mitigate conflicts between development and ecological preservation. This paper assesses the policy effects of the Belt and Road Initiative (BRI) on China’s overseas green energy projects (including gas) using the difference-in-difference (DID) model from 2009 to 2022. The findings show that, overall, the BRI has notably augmented China’s green energy projects in the BRI countries. This result remains robust after excluding potential interference from Nationally Determined Contributions (NDCs). Specifically, its promotional effect shows heterogeneity. Firstly, the BRI has shown significant regional differences in promoting the development of China’s overseas green energy projects. Secondly, the BRI is more effective in promoting green energy projects in developing and low-risk countries compared to developed and high-risk countries. Additionally, it indicates that the BRI boosts green energy projects in BRI countries by enhancing their infrastructure quality, encompassing transportation, energy, communication, and financial infrastructure. Finally, based on the above findings, this paper provides context-specific recommendations aimed at enhancing the effectiveness of the BRI in promoting sustainable green energy cooperation. Full article

The Belt and Road Initiative (BRI) promotes significant cross-border investment, raising critical questions about its environmental consequences, particularly regarding carbon emissions. This paper uses panel data from 47 countries that participated in the “Belt and Road Initiative” earlier from 2000 to 2020 to conduct theoretical analysis and empirical research on the relationship between the coordinated development of two-way FDI and carbon emission intensity, dividing it into scale effect, technology effect and structure effect. The coordinated development of two-way FDI can have an increasing or decreasing impact on carbon emission intensity through these three effects. The main findings of this paper are as follows: (1) The improvement of the degree of coordinated development of two-way FDI significantly reduces carbon emission intensity. (2) The improvement of the degree of coordinated development of two-way FDI can enhance the level of technological innovation, while the improvement of the level of technological innovation will increase carbon emission intensity, thereby reducing the carbon emission reduction effect of the coordinated development of two-way FDI. (3) The improvement of the degree of coordinated development of two-way FDI can reduce carbon emission intensity by promoting the upgrading of industrial structure. Based on the above conclusions, this paper puts forward the following suggestions for the subsequent development of countries along the “Belt and Road”: (1) Further increase two-way FDI and promote the coordinated development of two-way FDI. (2) Promote the upgrading of industrial structure and the green transformation of technology. (3) Increase economic freedom to provide a good environment for economic development. Full article