XII. The Impact of Digital Economy Development of Countries Along “The Belt and Road” on China’s Economic Cooperation

Authors

Ziang Jiang
Dalian Minzu University, Faculty of Economics and Business
Xingfei Jia
Dalian Minzu University, Faculty of Economics and Business

Synopsis

Since the launch of the “Belt and Road” initiative in 2013, the digital economy has become a vital driver of its high-quality development. This study explores how the development of the digital economy in countries along the route influences China’s economic cooperation, particularly in terms of foreign direct investment (FDI). By analysing existing data and constructing a theoretical framework, the paper reveals that countries with higher digital economy development attract more Chinese FDI. This effect is especially significant for private firms, companies engaged in digital industries, and those with prior international experience. The findings highlight the strategic importance of digital connectivity in promoting cross-border investment and cooperation.

Author Biographies

Ziang Jiang, Dalian Minzu University, Faculty of Economics and Business

Ziang Jiang is a graduate student majoring in International Business at the School of International Business, Dalian Minzu University for Nationalities. His research focuses on the business and digital economy of the Belt and Road and the Free Trade Zone. Recently, his research has focused on the impact of accounting information on China's cross-border investment under the Belt and Road Initiative.

Dalian, China E-mail: 645128003@qq.com

Xingfei Jia, Dalian Minzu University, Faculty of Economics and Business

Dr. Xingfei Jia is a professor of accounting at the International Business School of Dalian Minzu University and also serves as the head of the Accounting Department. His research focuses on accounting standards and management controls. Hosted or participated in over 30 national and provincial-level projects, including the National Natural Science Foundation of China, the Humanities and Social Sciences Fund of the Ministry of Education, and the Liaoning Provincial Social Sciences Fund. Published over 30 papers in core journals such as Accounting Research and Financial Research, edited or co-authored nine books, and received over 40 provincial, ministerial, and municipal awards, including the Liaoning Province Natural Science Academic Achievement Award.

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Volume

The Impact of Digital Economy on One Belt One Road Initiative

Pages

253-270

Published

July 1, 2025

Categories

Copyright (c) 2025 University of Maribor, University Press

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

How to Cite

Jiang, Z., & Jia, X. (2025). XII. The Impact of Digital Economy Development of Countries Along “The Belt and Road” on China’s Economic Cooperation. In J. Zhang, S. Bobek, X. Zhang, & S. Sternad Zabukovšek (Eds.), & D. Liu & W. Wang, The Impact of Digital Economy on One Belt One Road Initiative (pp. 253-270). University of Maribor Press. https://press.um.si/index.php/ump/catalog/book/987/chapter/714