onebeltandoneroad一带一路英文演讲-.ppt

单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,*,One Belt and One Road,1,“,One Belt and One Road”,“One Belt and One Road short for Silk Road,E,conomic,B,elt and 21st Century Maritime Silk Road,2,Essence,OBOR 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 and 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 development,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,3,Countries and regions along the“One Belt,On,e,Road”,data such as population and economic scale,4,Develop regional economy,A,bsorb excess capacity,Reduce,foreign exchange reserve,Why do China want to carry out,One Belt,One Road,?,For the nation,5,1,2,3,Drive capacity output by capital output,Strengthen international cooperation,R,everse balance of payments situation,For the word:,6,Infrastructure Networks,7,Sources of funds,AIIB,is a proposed international financial institution which is focused on supporting infrastructure construction in the Asia-Pacific region.,SCODB,i,s multilateral development finance institution,and it expand cooperation in the settlement in local currencies and promote the economy and trade communion of regions by joint contribution and joint benefit,New 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 owned 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.,8,The five major,Co,-,operation,policy coordinati,on,unimpeded trade,financial integration,facilities connectivity,people-to-people bonds,important content,p,riority,a,reas,important supporting,important guarantee,social foundation,9,The Back-up Force of OBOR,1,2,3,4,5,6,land silk road,maritime Silk Road,1.High-speed diplomacy,2.Shanghai Cooperation Organization Development Bank,3.Silk Road fund,4.Asian Infrastructure Investment Bank(AIIB),5.Nuclear diplomacy,6.BRICS Bank,10,OBOR,“construction”,Relationship between OBOR and AIIB,The 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-Pacific region,overlaps with OBOR strategy.,11,I,SSUES,Overcapacity Problem,Resources Aquisition,National Security,Trade Initiative,Transportation Network,12,Overcapacity Problem,13,Overcapacity Problem,1.OBOR opens up new export markets to compete with America and Japan.,2.It helps emerging market countries and less developed countries in infrastructure construction,using the sufficient foreign exchange reserves to solve the overcapacity problem,14,Resources Aquisition,Chinas oil and gas resources are highly dependent on overseas mineral resources.,OBOR will build some effective channels to get resouces.It contributes to the resources diversification.,15,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.,16,Trade Initiative,OBOR will make China have a greater say in global market and regional economy.,17,Transportation Network,With building a transportation network in the neighboring area,OBOR will promote the export trade and mobilization of resouces.,18,Chinas Regions in Pursuing Opening-Up,19,China in Action,High-level guidance and facilitation.,Signing cooperation framework.,Promoting project cooperation.,Improving policies and measures.,Boosting the role of cooperation platforms.,20,21,Fund,-June 29,th,2015.,-57 countries,-Legal capital:$100bn,-Dec 29,th,2014.,-Beijing,China.,-Legal capital:$40bn,-Supported by four,national organization,-July 21,st,2015.,-Five,c,ountries,-In Shanghai,China.,-Sep 11,th,2014.,-Discussed.14,th,Summit,-Not officially founded yet.,22,23,24,25,57 members,$100billion,China(30.3%)1,st,Korea(3.8%)5,th,“to build better infrastructure in developing countries”,-The Netherlands,Germany,France,and other many countries are favorable to the foundation of AIIB,News Articles,26,30.3%,26%of votes,75%,2,5%,27,1.Four financial platforms will,solve existing money problem,.,2,.Four financial platforms will,promote economic development,of numerous countries.,3.As the four platforms pursue open-door policy,enough financial back up,for OBOR,4.,Four financial platforms will,enable,sustainable investment,.,5,.Four financial platforms will,enable developing countries to,have louder voice,.,AIIB,1.AIIB will,play the main role,in One Belt One Road project.,Solve inequality problem,among nations by redistributing resources and,better investment conditions,Participation of private companies are desperate,as well,but as the investment vehicles are developing countries,private companies,may not be attracted,to investment proposals.,To address the issue,AIIB should guarantee,safe investment and minimized loss.,Assessment of Financial Platform,28,To China,:,1.To,digest overcapacity:,Chinas,total 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 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 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 strengthen 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 Free 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,.,Significant,29,To the World:,1,.New economic growth,stimulation:,The,global,economic,recovery is,slowdown,and monetary 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 mobilizes 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 worlds 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 member states,.,Significant,30,Challenges,OBOR 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 with various foreign countries cultures,customs,even institutions,b.,How to deal with relations of big powers:the United States,Russia,India,c,.How to deal with relations of small countries:,Scruples:Not Threaten-Joint Development,31,Hot Discussion,“New Normal”Trap,World:,Since,Subprime Crisis:,the 8,th,year of 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 Trap of Debt and Money,Financial,market,bubble,Soaring debts-economic slowdown,As the New Normal Trap deepens,there can be a desperate call for breakthrough,China presents new global financial&economic paradigm,32,If bank loans stop,money supply shrinks and causes deflation which means less money to go around(,liquidity crisis,),causing massive default on debt,Source:,FRB,of,ST.,Louis,33,Hot Discussion,“New Normal”Trap,China:,OROB:,S,timulate Real Economic Growth,A new wheel of growth to overcome New Normal,Connecting Asia to Europe through new continental and maritime silk roads,New investments in economic&social infrastructures of the region will raise productivity,New infra-connected areas will form new markets and boost demand and growth,Reconnecting money&investment with growth of productivity&demand,Chinese style New Marshall Plan with win-win strategy,Provides new global economic growth opportunities,New 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 alternative,Rapid RMB internationalization boost AIIB and OROB prospects,China presents new global financial&economic paradigm,34,Thank you,35,