“One Belt and One Road” and Free Trade Zones—China’s New Opening-up Initiatives

Justin Yifu Lin

Author information


National School of Development, Peking University, Beijing 100871, China

E-mail: justinlin@nsd.pku.edu.cn


Abstract


One Belt and One Road” and Free Trade Zones are two of China’s new opening-up strategies developed in response to the changed domestic and international circumstances. Implementation of these strategies can provide China with a sounder market economic system and a better external environment. It can not only help China to further develop into a high income country, but also facilitate the industrialization and modernization of other developing countries.


Keywords


Chinese economy, free trade zone (FTZ),One Belt and One Road


Cite this article


Justin Yifu Lin. “One Belt and One Road” and Free Trade Zones—China’s New Opening-up Initiatives. Front. Econ. China, 2015, 10(4): 585‒590 https://doi.org/10.3868/s060-004-015-0026-0


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