Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

Research on the Impact of the Belt and Road Initiative on the Foreign Trade and Economic Development of Countries Along the Route ——Based on Entropy Method

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2327181,
        author={Shuyuan  Cao},
        title={Research on the Impact of the Belt and Road Initiative on the Foreign Trade and Economic Development of Countries Along the Route ------Based on Entropy Method},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={the belt and road initiative foreign trade economic development},
        doi={10.4108/eai.18-11-2022.2327181}
    }
    
  • Shuyuan Cao
    Year: 2023
    Research on the Impact of the Belt and Road Initiative on the Foreign Trade and Economic Development of Countries Along the Route ——Based on Entropy Method
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2327181
Shuyuan Cao1,*
  • 1: College of Economics and Management Beijing Jiaotong University
*Contact email: 20120648@bjtu.edu.cn

Abstract

The “Belt and Road” initiative provides a strategic basis for promoting economic and trade exchanges between China and countries along the route and achieving common prosperity and development. We used the entropy method to quantitatively evaluate the impact of the “Belt and Road” initiative on the foreign trade and economic development of the countries along the route from the perspective of economics. We found that the construction of the “Belt and Road” has the greatest effect on promoting trade on areas adjacent to China, which provides support for future policy making.