Financial Innovation Leads the Construction of “One Belt, One Road”
Jiaxin Chu
Finance School of Nanjing University of Finance and Economics, China.
Liping Chen *
School of Foreign Languages and Cultures, Nanjing Normal University, China.
*Author to whom correspondence should be addressed.
Abstract
Whether the investment and trade in the “One Belt, One Road” construction can be carried out smoothly, whether the infrastructure projects can be completed on time, and whether the investment of “One Belt, One Road” by various foundations and banks can ensure the social benefits and economic benefits are both harvested. Depends on whether there are advanced financial concepts and sustainable financial policies. In the era of knowledge economy, finance is not only a means of social resource allocation and management, but also a link between the development of a country's social, economic, cultural, and diplomatic aspects. In order to further promote the construction of the “One Belt, One Road” in a stable, orderly and efficient manner, a new financial system must be guaranteed to lead the “One Belt, One Road” construction through financial innovation.
Keywords: Financial innovation, the belt and road, financial two-way open