Search Results (384)

The carbon dioxide spillover effects and influencing factors of the “Belt and Road Initiative” (BRI) in African countries must be assessed to evaluate the effectiveness, promote low-carbon transmissions in African countries, and provide recommendations for achieving the 2030 Sustainable Development Goals. This novel study employs carbon dioxide emission intensity (CEI) and per capita carbon dioxide emissions (PCE) as dual indicators to evaluate the spatial spillover effects of 54 BRI African countries on their neighboring countries’ carbon emissions from 2007 to 2023. It identifies the key factors and mechanisms affecting these spillover effects using the spatial differences-in-differences (SDID) model. Results indicate that since the launch of the BRI, the CEI and PCE of BRI African countries have significantly increased, largely due to trade patterns and industrialization structures. Greater trade openness has further boosted local economic development, thereby increasing carbon dioxide’s spatial spillover. Government management and corruption control levels show some heterogeneity in the spillover effects, which may be attributed to long-standing issues of weak institutional enforcement in Africa. Overall, this study reveals the complex relationship between BRI African economic development and environmental outcomes, highlighting the importance of developing sustainable development strategies and establishing strong differentiated regulatory regimes to effectively address environmental challenges. Full article

The countries and regions along the Belt and Road are rich in wetland carbon sink resources, crucial for mitigating greenhouse gas emissions and achieving global emission reduction. This paper uses policy analysis and desk research to analyze the overview of wetland carbon sinks in these countries. It explores the necessity of legal system construction for their carbon sink trading. This study finds that smooth trading requires clear property rights definition rules, efficient market trading entities, definite carbon sink trading price rules, financial support aligned with the Equator Principles, and support from biodiversity-compatible environmental regulatory principles. Currently, there are still obstacles in wetland carbon sink trading in the Belt and Road, such as property rights confirmation, an accounting system, an imperfect market trading mechanism, and the coexistence of multiple trading risks. Therefore, this paper first proposes to clarify the goal of the legal guarantee mechanism. Efforts should focus on promoting a consensus on wetland carbon sink ownership and establishing a unified accounting standard system; simultaneously, the relevant departments should conduct field investigations and monitoring, standardize the market order, and strengthen government financial support and funding guarantees. Full article

Promoting the sustainable development of virtual water trade is of great significance to safeguarding China’s water resource security and balanced regional economic growth. This study analyzes the virtual water trade network among 31 Chinese provinces based on multi-regional input–output tables from 2012, 2015, and 2017, using total trade decomposition, social network analysis, and exponential random graph models. The key findings are as follows: (1) The total virtual water trade volume remains stable, with Xinjiang, Jiangsu, and Guangdong as the core regions, while remote areas such as Shaanxi and Gansu have lower trade volumes. The primary industry dominates, and it is driven by simple value chains. (2) Provinces such as Xinjiang, Heilongjiang, and Jiangsu form the network’s core. Network density and symmetry increased from 2012 to 2015 but declined slightly in 2017, with efficiency peaking and then dropping, and the clustering coefficient decreased annually. Four economic sectors exhibit distinct interactions: frequent two-way flows in Sector 1, significant inflows in Sector 2, prominent net spillovers in Sector 3, and key brokers in Sector 4. (3) The network evolved from a core-periphery structure with weak ties to a stable, heterogeneous, and resilient system. (4) Influencing factors, such asper capita water resources, economic development, and population, significantly impact trade. Similarities in economic levels, population, and water endowments promote trade, while spatial distance has a limited effect, with geographic proximity showing a significant negative impact on long-distance trade. Full article

This study evaluates the competitiveness and sustainable development prospects of French-speaking African countries by constructing a comprehensive framework integrating the TOPSIS method and adaptive LASSO algorithm. Using multivariate data from sources such as the World Bank, 30 indicators covering core, basic, and auxiliary competitiveness were selected to quantitatively analyze the competitiveness of 26 French-speaking African countries. Results show that their comprehensive competitiveness exhibits spatial patterns of “high in the north and south, low in the east and west” and “high in coastal areas, low in inland areas”. Algeria, Morocco, and six other countries demonstrate high competitiveness, while Central African countries generally show low competitiveness. The adaptive LASSO algorithm identifies three key influencing factors, including the proportion of R&D expenditure to GDP, high-tech exports, and total reserves, as well as five secondary key factors, including the number of patent applications and total number of domestic listed companies, revealing that scientific and technological investment, financial strength, and innovation transformation capabilities are core constraints. Based on these findings, sustainable development strategies are proposed, such as strengthening scientific and technological research and development and innovation transformation, optimizing financial reserves and capital markets, and promoting China–Africa collaborative cooperation, providing decision-making references for competitiveness improvement and regional cooperation of French-speaking African countries under the background of the “Belt and Road Initiative”. Full article

In the context of globalization and the Belt and Road Initiative, maintaining the stability and security of the China Railway Express network (CRN) is critical for international logistics operations. However, unexpected events can lead to node and edge failures within the CRN, potentially triggering cascading failures that critically compromise network performance. This study introduces a Coupled Map Lattice model that incorporates cargo flow dynamics, distributing cargo based on distance and the residual capacity of neighboring nodes. We analyze cascading failures in the CRN under three scenarios, isolated node failure, isolated edge disruption, and simultaneous node and edge failure, to assess the network’s vulnerability during emergencies. Our findings show that deliberate attacks targeting cities with high node strength result in more significant damage than attacks on cities with a high node degree or betweenness. Additionally, when edges are disrupted by unexpected events, the impact of edge removals on cascading failures depends on their strategic position and connections within the network, not just their betweenness and weight. The study further reveals that removing collinear edges can effectively slow the propagation of cascading failures in response to deliberate attacks. Furthermore, a single-factor cargo flow allocation method significantly enhances the network’s resilience against edge failures compared to node failures. These insights provide practical guidance and strategic support for the CR Express in mitigating the effects of both unforeseen events and intentional attacks. Full article

As the cradle of Jiangnan culture, Suzhou is home to a dense concentration of historical architectural heritage that is currently facing existential threats from rapid urbanization. This study aims to develop a spatial heritage corridor network for conservation and sustainable utilization. Using kernel density estimation, this study identifies 15 kernel density groups, along with the Analytic Hierarchy Process (AHP), to pinpoint clusters of historical architectural heritage and assess the involved resistance factors. Current Effective Conductance (CEC) theory is further applied to model spatial flow relationships among heritage nodes, leading to the delineation of 27 heritage corridors and revealing a spatial structure characterized by one primary core, one secondary core, and multiple peripheral zones. Based on 15 source points, six cultural relics-themed routes are proposed—three land-based and three waterfront routes—connecting historical sites, towns, and ecological areas. The study further recommends a resource management strategy centered on departmental collaboration, digital integration, and community co-governance. By integrating historical architectural types, settlement forms, and ecological patterns, the research builds a multi-scale narrative and experience system that addresses fragmentation while improving coordination and sustainability. This framework delivers practical advice on heritage conservation and cultural tourism development in Suzhou and the broader Jiangnan region. Full article

The Cao’e-Jiaojiang-Oujiang River Basin possesses abundant vernacular architectural heritage with significant historical–cultural value. However, challenges like dispersed distribution and inconsistent conservation hinder its systematic protection and utilization within territorial spatial planning, necessitating a deeper understanding of its spatiotemporal patterns. Utilizing 570 identified heritage sites, this study employed ArcGIS spatial analysis (Kernel Density Estimation, Nearest Neighbor Index), correlation analysis with DEM data, and suitability analysis (Minimum Cumulative Resistance model, Gravity Model) to systematically examine spatial distribution characteristics, their evolution, and relationships with the geographical environment and historical context. Results revealed a distinct “four cores and three belts” spatial pattern. Temporally, distribution evolved from “discrete” (Song-Yuan) to “aggregated” (Ming-Qing) and then “diffused” (Modern era). Spatially, heritage showed density in plains, preference for low slopes, and settlement along waterways. Suitability analysis indicated higher corridor potential in the northern section (Cao’e-Jiaojiang) than the south (Oujiang), leading to the identification of a “Northern Segment (Shaoxing-Ningbo-Shengzhou-Taizhou)” and “Southern Segment (Wenzhou-Lishui)” corridor structure. This research provides a scientific basis for systematic conservation and integrated heritage corridor construction of vernacular architectural heritage in the basin, supporting Zhejiang’s Poetry Road Cultural Belt initiatives and cultural heritage protection within territorial spatial planning. Full article

This study investigates the dynamic relationship between maritime trade and cultural convergence between China and Saudi Arabia, with a particular focus on the roles of creative goods and information and communication technology (ICT) exports as proxies for sociocultural integration. Utilizing quarterly data from 2012 to 2021, the analysis employs the Toda–Yamamoto Granger causality approach within a Vector Autoregression (VAR) framework. This methodology offers a robust means of testing causality without requiring data stationarity or cointegration, thereby reducing estimation bias and enhancing applicability to real-world economic data. The empirical model examines causal interactions among maritime trade, creative goods exports, ICT exports, and population, the latter serving as a control variable to account for demographic scale effects on trade dynamics. The results indicate statistically significant bidirectional causality between maritime trade and both creative goods and ICT exports, suggesting a reciprocal reinforcement between trade and cultural–technological exchange. In contrast, the relationship between maritime trade and population is found to be unidirectional. These findings underscore the strategic importance of cultural and technological flows in shaping maritime trade patterns. Furthermore, the study contextualizes its results within broader policy initiatives, notably China’s Belt and Road Initiative and Saudi Arabia’s Vision 2030, both of which aim to promote mutual economic diversification and regional integration. The study contributes to the literature on international trade and cultural economics by demonstrating how cultural convergence can serve as a catalyst for strengthening bilateral trade relations. Policy implications include the promotion of cultural and technological collaboration, investment in maritime infrastructure, and the incorporation of cultural dimensions into trade policy formulation. Full article

The Belt and Road Initiative (BRI) prioritizes infrastructure investment to enhance regional connectivity and foster sustainable economic development. Therefore, this empirical study aims to examine the impact of the BRI, specifically through Chinese foreign direct investment (CFDI) on sustainable growth in Bangladesh. The study employs the Mann–Kendall trend analysis and the generalized method of moments (GMM). For the Mann–Kendall trend analysis, sectoral FDI and output data from four major industrial sectors, obtained from Bangladesh Bank and CEIC for the period 1996–2020, are used to analyze trends in industrial development. Additionally, to assess the BRI’s role in sustainable development, this study compares green gross domestic product (GGDP) and gross domestic product (GDP) using a GMM analysis of CFDI inflows across 16 industrial sectors from 2013 to 2022, sourced from various databases. Findings reveal that CFDI significantly contributes to domestic industrial growth, particularly in the manufacturing and construction sectors. Although Bangladesh joined the BRI in 2016, a notable surge in CFDI appears from 2011–2012, partially driven by Bangladesh’s economic liberalization policies, and reflects early strategic investment consistent with China’s expanding economic diplomacy, which was later formalized under the BRI framework. The two-step system GMM results demonstrate that CFDI has a stronger impact on GGDP (0.0350) than on GDP (0.0146), with GGDP showing faster convergence (0.6027 vs. 0.1800), highlighting more robust and rapid sustainable growth outcomes. This underscores the significant Chinese investment in green sectors in Bangladesh. The study also demonstrates that the BRI supports the achievement of Sustainable Development Goals (SDGs) 7 (green energy) and 9 (sustainable infrastructure). These insights offer valuable direction for future research and policy, suggesting that Bangladesh should prioritize attracting green-oriented CFDI in sectors like energy, manufacturing, and construction, while also strengthen. Full article

With China’s emergence as a major global economy, its involvement in tackling climate change and fostering sustainable growth has garnered considerable focus. What impact does global direct investment have on carbon emissions within Belt and Road economies? This study innovatively utilizes a quantile regression model to analyze the varied impacts of international direct investment across distinct carbon emission quantiles, further delving into the conditional probability distribution of the dependent variable to provide a strong theoretical basis for precise policy-making by relevant departments and integrating time and space delays in examining the effects of carbon reduction strategies within the Belt and Road Initiative. Furthermore, this study aims to concentrate its research efforts on the host nations. Findings from this study indicate that global direct investments could escalate carbon emissions in economies with lower carbon emissions; yet, with the rise in the host nation’s carbon emissions, the ripple effect of international direct investments in green technology becomes increasingly evident. Empirical evidence indicates that global direct investment in Belt and Road economies demonstrates a significant mitigating effect on carbon emissions, thereby amplifying the decarbonization benefits associated with such cross-border capital flows. Full article

This paper investigates the impact of global EPU and China’s EPU on China’s FDI inflows, examining whether financial development and political stability moderate these relationships. Using panel data from 212 countries spanning 2009 to 2022, we first establish causal direction through Granger causality tests, then employ instrumental variable estimation to address endogeneity concerns, while conducting heterogeneity analysis across development levels and Belt and Road Initiative participation. We find that both global and domestic EPU significantly reduce China’s FDI inflows, with a 1% increase in China’s EPU leading to a 0.083% decrease in FDI inflows. However, political stability and financial development serve as effective moderators, reducing EPU’s negative impact by up to 60% and 70%, respectively. The effects vary substantially across investor countries: non-developed countries show ten times stronger sensitivity to EPU than developed countries, while Belt and Road Initiative countries demonstrate 86% lower sensitivity than non-BRI countries. This research advances EPU–FDI theory by demonstrating how institutional quality creates “policy buffers” against uncertainty and provides policymakers with evidence that strengthening political stability and financial development can maintain investor confidence during uncertain periods, while strategic international partnerships can insulate investment flows from policy volatility. Full article

In multi-criteria group decision making, decision makers are commonly regarded as independent. However, in practice, heterogeneous backgrounds and complex cognitive processes lead to mutual interference among their judgments. To address this gap, a novel multi-criteria quantum group decision-making model is proposed that explicitly incorporates opinion interference effects. First, type-2 fuzzy numbers are employed to represent evaluation information, and a specialized Euclidean distance measure for them is introduced. Second, an extended distance-based criteria importance through an inter-criteria correlation method incorporating Deng entropy is developed to derive robust criteria weights under uncertainty. Third, the TODIM method integrates cumulative prospect theory to capture decision makers’ risk perceptions and computes prospect-based dominance degrees. Fourth, a quantum-inspired aggregation mechanism models the mutual interference in group opinions. Finally, a case study on FinTech startup investment demonstrates the model’s practical applicability, while sensitivity analysis and comparisons to established methods confirm its robustness and effectiveness. Full article

Under the background of globalization and the latest technological changes, many enterprises ensure corporate competitiveness and sustainable development by deploying production globalization and transforming production modes. This paper proposes a task-based enterprise model to study how enterprises’ production mode transformation toward intelligent manufacturing affects corporate offshoring production. Intelligent manufacturing forms relative push–pull forces on corporate offshoring production through reshoring effects and offshoring effects on the extensive margin of task sets while promoting corporate offshoring production through productivity effects on the intensive margin. Empirically, this paper constructs a staggered quasi-natural experiment using China’s Intelligent Manufacturing Pilot Demonstration Projects (IMPDP), adopts the heterogeneity-robust nonlinear Difference-in-Differences (DID) method, and confirms that intelligent manufacturing has significant positive causal effects on Chinese manufacturing enterprises’ offshoring production. The reshoring effect of intelligent manufacturing is stronger than the offshoring effect, but its powerful productivity effect masks the reshoring effect in overall empirical results. The positive effects of intelligent manufacturing are more significant in non-state-owned enterprises (non-SOEs) and capital-intensive enterprises. Further considering host country selection for corporate offshoring, this study finds that intelligent manufacturing simultaneously promotes corporate offshoring production to both developed and developing countries, but enterprises prefer Belt and Road Initiative countries. Additionally, intelligent manufacturing also promotes corporate offshore trade activities while causing the reshoring of offshore R&D activities. Overall, the transition of production modes toward intelligent manufacturing in Chinese manufacturing enterprises generally leads to a further expansion of corporate offshoring production. Full article

As a crucial component of the Belt and Road Initiative (BRI), China Railway Express (CR Express) plays a pivotal role in enhancing regional connectivity and economic integration. However, the systematic evaluation of CR Express node cities remains understudied, hindering the optimization of logistics networks and sustainable development goals. This study pioneers a data-driven approach by integrating multi-source geospatial data and advanced machine learning algorithms to develop a comprehensive evaluation framework spanning five critical dimensions: economic vitality, ecological sustainability, logistics capacity, network connectivity, and policy support. By comparing the evaluation performance of six machine learning models, an optimal decision-making model is identified, and the evaluation indicators are rigorously screened to provide robust decision-support for the establishment of CR Express assembly centers. The Random Forest model outperformed comparative algorithms with 99.5% prediction accuracy (8.33% higher than conventional classification models), particularly in handling multi-dimensional interactions between urban development factors. Feature importance analysis identified 11 decisive indicators from node city evaluation empirical indicators, where CR Express trade volume (weight = 0.1269), logistics hub classification (weight = 0.1091), and operational frequency (weight = 0.0980) emerged as the top three predictors. Spatial predictions highlight five strategic cities (Changsha, Wuhan, Shenyang, Jinan, Hefei) as prime candidates for CR Express assembly centers, providing actionable insights for national logistics planning under the BRI framework. Full article

The Belt and Road Initiative (BRI) is the first and currently the most expansive global infrastructure initiative, notably for its scale and emphasis on connectivity. In response, alternative initiatives such as the Partnership for Global Infrastructure and Investment (PGII) and Free and Open Indo-Pacific Strategy (FOIP), including their components the Blue Dot Network (BDN) and Partnership for Quality Infrastructure (PQI), as well as Global Gateway (GG) and the Three Seas Initiative (3SI), have emerged to counterbalance the BRI’s influence and promote more transparent, sustainable, and rules-based infrastructure frameworks. This review investigates how global and regional infrastructure initiatives—namely PGII/BDN, GG, FOIP/PQI, and 3SI—compare with the BRI in terms of development objectives, implementation models, institutional structures, and implications for developing economies. Adopting an inductive approach, this review identifies key themes from the literature to evaluate these initiatives across seven dimensions: (1) infrastructure objectives, (2) the quality and transparency of investments, (3) investment policy orientation, (4) trade policy orientation, (5) inclusivity and regional integration, (6) coordination mechanisms, and (7) environmental sustainability. While PGII/BDN, GG, FOIP/PQI, and 3SI appear well-positioned to address some of BRI’s shortcomings, the evidence does not clearly favour one model over another in terms of achieving welfare-enhancing outcomes and bridging development gaps. Nonetheless, strategic competition and complementarities among the connectivity policies of multiple initiatives can ultimately contribute to more accountable, multidimensionally sustainable, and socially inclusive infrastructure development. We also illustrate how stated preference methods, i.e., willingness to pay (WTP) and willingness to accept (WTA), can be used to quantify the value of soft infrastructure, particularly public preferences for sustainable investment and norm diffusion, which are central to evaluating the social welfare gains from participating in these initiatives. Full article