one belt and one road一带一路 英文演讲课件.ppt

1、One Belt and One Road“One Belt and One Road”“One Belt and One Road short for Silk Road Economic Belt and 21st Century Maritime Silk RoadEssenceOBOR is not an entity and the mechanism,it is a economic cooperation concept,and belongs to the multinational economic belt.OBOR is a development strategy an

2、d framework that focuses on connectivity and cooperation among countries primarily in Eurasia,which consists of two main components,the land-based Silk Road Economic Belt(SREB)and oceangoing Maritime Silk Road(MSR).OBOR aims at borrow the ancient symbolsilk road,and carry the banner of peaceful deve

3、lopment,actively develop an economic partnership with countries along the Silk Road and regions,to build community of interest,fate community and community in responsibility of political mutual trust,economic integration,culturally tolerant Countries and regions along the“One Belt,One Road”data such

4、 as population and economic scaleDevelop regional economyA b s o r b e x c e s s capacityReduce foreign exchange reserveWhy do China want to carry out One Belt,One Road?For the nation123Drive capacity output by capital outputStrengthen international cooperationReverse balance of payments situationFo

5、r the word:Infrastructure NetworksSources of fundsAIIB is a proposed international financial institution which is focused on supporting infrastructure construction in the Asia-Pacific region.SCODB is multilateral development finance institution,and it expand cooperation in the settlement in local cu

6、rrencies and promote the economy and trade communion of regions by joint contribution and joint benefitNew Development Bank is a proposed international financial institution which is focused on supporting infrastructure construction of these 5 BRICS and other developing countries.SIF is a state owne

7、d investment fund of the Chinese government to foster increased investment in countries along the One Belt,One Road,an economic development initiative primarily covering Eurasia.The five major Co-operationpolicy coordinationunimpeded trade financial integration facilities connectivitypeople-to-peopl

8、e bonds important content priority areasimportant supporting important guarantee social foundationThe Back-up Force of OBOR123456land silk roadmaritime Silk Road1.High-speed diplomacy 2.Shanghai Cooperation Organization Development Bank 3.Silk Road fund 4.Asian Infrastructure Investment Bank(AIIB)5.

9、Nuclear diplomacy 6.BRICS Bank OBOR“construction”Relationship between OBOR and AIIBThe implementation of One Belt and One Road stratgy requires a large number of investment from financial institutions,including AIIB.The aid program of AIIB,which targets the construction of infrastructure in Asian-Pa

10、cific region,overlaps with OBOR strategy.ISSUESOvercapacity ProblemResources AquisitionNational SecurityTrade InitiativeTransportation NetworkOvercapacity ProblemOvercapacity Problem 1.OBOR opens up new export markets to compete with America and Japan.2.It helps emerging market countries and less de

11、veloped countries in infrastructure construction,using the sufficient foreign exchange reserves to solve the overcapacity problemResources Aquisition Chinas oil and gas resources are highly dependent on overseas mineral resources.OBOR will build some effective channels to get resouces.It contributes

12、 to the resources diversification.National Security The industry and infrastructure of coastal region,western area and central area need to be protected from external concealed threats.OBOR will improve the capability to strengthen the national security at risk of conflict.Trade Initiative OBOR will

13、 make China have a greater say in global market and regional economy.Transportation Network With building a transportation network in the neighboring area,OBOR will promote the export trade and mobilization of resouces.Chinas Regions in Pursuing Opening-UpChina in Action High-level guidance and faci

14、litation.Signing cooperation framework.Promoting project cooperation.Improving policies and measures.Boosting the role of cooperation platforms.Fund-June 29th,2015.-57 countries-Legal capital:$100bn-Dec 29th,2014.-Beijing,China.-Legal capital:$40bn-Supported by four national organization-July 21st,2

15、015.-Five countries-In Shanghai,China.-Sep 11th,2014.-Discussed.14th Summit-Not officially founded yet.-57 members-$100billion-China(30.3%)1st-Korea(3.8%)5th“to build better infrastructure in developing countries”-The Netherlands,Germany,France,and other many countries are favorable to the foundatio

16、n of AIIBNews Articles 1.Four financial platforms will.2.Four financial platforms will of numerous countries.3.As the four platforms pursue open-door policy for OBOR4.Four financial platforms will enable.5.Four financial platforms will enable developing countries to.AIIB1.AIIB will in One Belt One R

17、oad project.among nations by redistributing resources and as well,but as the investment vehicles are developing countries,private companies to investment proposals.-To address the issue,safe investment and minimized loss.Assessment of Financial PlatformTo China:1.To digest overcapacity:Chinas total

18、capacity utilization does not exceed 65%,but traditional export market has opened up in a more full by United States and Europe.Meanwhile,the countries along the route of One Belt One Road lack the infrastructure,who just need cost-effective Chinese construction business.China also has the excess of

19、 foreign exchange assets.China uses its huge foreign exchange reserves accumulated as a capital to boost global growth and uses its export of capital to digest its excess capacity.2.To revitalize the stock of the economy:The promotion of OBOR is conducive to the expansion of cross-border use of RMB

20、in the peripheral region,RMB payment system and the utilization of the huge foreign exchange reserves.After the abolish of geographic restrictions,Chinese domestic enterprises and commercial banks could issue RMB bonds in offshore to help the circulation of RMB in the international market.3.To stren

21、gthen National Security:OBOR can not only hedge the US-led TPP(Trans-Pacific relations agreement),TTIP(trans-Atlantic partners to negotiate),which attempt to isolate China,but also provide the opportunity for China to participate in the development of new global trade rules.Shanghai FTA Shanghai Fre

22、e Trade Zone-International transfer port Chinas industrial and infrastructure are concentrated in coastal areas,and there is a great potential for their development in central and western regions.SignificantTo the World:1.New economic growth stimulation:The global economic recovery is slowdown and m

23、onetary policy in developed economies trends to differentiation.Economies of many countries face difficulties and need a new economic growth engine to drive the world economy.The projection of OBOR benefits China and most countries,because it seeks new impetus to the global economic recovery and mob

24、ilizes new investment to achieve the win-win situation.2.Regional Collaboration:OBOR breaks the original development model of spot and block patterns and extends vertically and horizontally,connecting Asia-Pacific Economic Circle in the east the European economic zone in the west,considered as the w

25、orlds longest,most development potential economic corridor.This strategy helps the further deepen China-ASEAN cooperation and regional economic integration,building closer community,and seeking the coordinated development in line with the strategic interests of Asia-Pacific,Asia-Europe and most memb

26、er states.SignificantChallengesOBOR strategy is an inevitable outcome of current global status,and it also faces difficulties.a.Specific difficulties during the implementation of investment projects:1.The environmental impact of large-scale investment 2.Changing risks of foreign policy 3.Breaking-in

27、 with various foreign countries cultures,customs,even institutionsb.How to deal with relations of big powers:the United States,Russia,Indiac.How to deal with relations of small countries:Scruples:Not Threaten-Joint DevelopmentHot Discussion“New Normal”TrapWorld:Since Subprime Crisis:the 8th year of

28、low economic growth,low interest rates and expanding government intervention Keynesian stimulus:Unconventional Monetary Policy(UMP):(Liquidity management:short-term nominal interest rate-central banks balance sheet structure,content)Zero Interest Rate Policy(ZIRP)Quantitative Easing(QE)New Normal:a

29、Trap of Debt and Money Financial market bubble Soaring debts-economic slowdownAs the New Normal Trap deepens,there can be a desperate call for breakthroughChina presents new global financial&economic paradigm If bank loans stop,money supply shrinks and causes deflation which means less money to go a

30、round(liquidity crisis),causing massive default on debtSource:FRB of ST.LouisHot Discussion“New Normal”TrapChina:OROB:Stimulate Real Economic Growth A new wheel of growth to overcome New Normal Connecting Asia to Europe through new continental and maritime silk roadsNew investments in economic&socia

31、l infrastructures of the region will raise productivityNew infra-connected areas will form new markets and boost demand and growth Reconnecting money&investment with growth of productivity&demandChinese style New Marshall Plan with win-win strategyProvides new global economic growth opportunitiesNew

32、 global financial and economic paradigm is possible OROB is Chinas message to the world about building new growth platform A package of comprehensive strategies:AIIB,OROB and RMB Internationalization AIIB to offer new model of investment,cooperation and financial alternativeRapid RMB internationalization boost AIIB and OROB prospectsChina presents new global financial&economic paradigm