Financial Innovation Boosts the Construction of the Belt and Road Initiative
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DOI: 10.23977/etemss.2018.1649
Corresponding Author
Xiaobin Lin
ABSTRACT
The Belt and Road Initiative has triggered the upsurge of foreign direct investment in many countries. Due to the particularity of countries along the Belt and Road, the financial development and innovation are necessary. Based on the great demand for financial services, this paper analyzes the financing problems faced by enterprises in the construction of projects on the B&R countries, and the necessity of financial innovation. Finally, from the principles that should be followed, models, and products, it is proposed to promote financial innovation and financial development so as to ensure the implementation of the B&R strategy.
KEYWORDS
The Belt and Road Initiative, Financing, Mutual benefit and win-win, Financial innovation