The Reciprocal Effects of Chinese Enterprise OFDI on the Countries along the"Belt and Road":Based on the Perspective of Inclusive Growth
The Belt and Road Initiative provides a platform for international cooperation to pro-mote common global development and prosperity,promote inclusive development and build a community with a shared future for mankind.This paper uses the data of China Global Invest-ment Tracker to examine the reciprocal effect of Chinese enterprises'OFDI on countries along the Belt and Road from the perspective of inclusive growth.The research shows that the OFDI of Chinese enterprises has significantly promoted the inclusive growth of countries along the Belt and Road,and the policy coordination mechanism helps to strengthen the positive role of OFDI of Chinese enterprises.The Belt and Road Initiative also plays a positive role in China's inclusive growth,which verifies the concept of reciprocity of the Belt and Road.OFDI of Chinese enter-prises has a wide range of inclusive spillover effects on economically close regions,which is characterized by"club"convergence.This study is of great significance for deepening the Belt and Road Initiative and promoting global inclusive growth.
"One Belt One Road"InitiativeForeign Direct InvestmentInclusive GrowthMutual Benefit