One Belt One Road Policy and Influence
The economic interconnection, economic cooperation and interconnection of "One Belt and One Road" include the following contents:
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1. Infrastructure development: The “One-Belt and One-Road”?Initiative will strengthen connectivity among countries along the One Belt and One Road and promote trade and logistics facilitation by investing in and building infrastructure projects, such as roads, railways, ports and energy pipelines.
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2. Trade cooperation: The Belt and Road Initiative promotes trade cooperation among countries along the One Belt and One Road, including reducing trade barriers, expanding market access and promoting trade facilitation, so as to increase trade exchanges and economic cooperation.
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3. Investment cooperation: The One Belt and One Road Initiative encourages Chinese enterprises to invest in countries along the One Belt and One Road, and also attracts enterprises from these countries to invest in China. The investment and cooperation covers infrastructure, energy, manufacturing, agriculture and other fields.
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4. Financial cooperation: The One Belt and One Road Initiative promotes financial cooperation among countries along the One Belt and One Road, including the establishment of multilateral financial institutions, currency swaps and promoting local currency settlement, to provide financial support and promote trade and investment.
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5. People-to-people exchanges: The One Belt and One Road Initiative focuses on strengthening people-to-people exchanges among countries along the routes, including cooperation in education, culture, science and technology, tourism, so as to enhance mutual understanding and friendship between people.
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These contents aim to promote economic ties and cooperation among countries along the One Belt and One Road, promote regional economic integration, and achieve common development and prosperity.
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?Belt and Road " Policy has the following policies to promote bilateral trade and bilateral investment:
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-Discount interest: For overseas investment and foreign contracted projects in the investment country or region, the discount interest support shall not exceed 5% of the total investment loan or project loan; no more than 6%.
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-Advance cost subsidies: to the enterprise is engaged in overseas investment, overseas agriculture, forestry, animal husbandry, fishing, mining cooperation, before the project country registration (registration), purchase resources card, or foreign contracting contract (agreement), to obtain the project with corresponding qualified professional institutions to provide services and the prophase of the cost, according to the proportion of 50% of the actual cost subsidies.
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-Premium subsidy for transportation out of materials: the transportation premium for overseas investment and contracted projects in the investment country or region and the domestic port to overseas port shall not exceed 20% of the actual cost paid by the enterprise.
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-Foreign labor training subsidy: For enterprises that carry out adaptive training and organize examinations, the subsidy will be given according to the standard of no more than 300 yuan per person according to the actual number of people who pass the examination and send them. Among them, if the dispatched personnel belong to the state-level poverty-stricken counties or the 23 key counties for poverty alleviation and development in our province, the subsidy standard shall be no more than 600 yuan per person.
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-Insurance expense subsidy: the subsidy shall be given to the cost of personal accident injury and industrial injury insurance that shall not exceed 50% of the actual premium expenditure. Among them, the projects belonging to the "Belt and Road" will receive no more than 60% subsidy. The maximum amount of support available for a single enterprise is 2 million yuan.
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The implementation of these policies is helpful to help reduce the investment and trade costs of enterprises and promote the development of bilateral trade and investment.
?The financial support policies in the Belt and Road " policy mainly include:
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-Discount interest: For overseas investment and foreign contracted projects in the investment country or region, the discount interest support shall not exceed 5% of the total investment loan or project loan; no more than 6%.
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-Advance cost subsidies: to the enterprise is engaged in overseas investment, overseas agriculture, forestry, animal husbandry, fishing, mining cooperation, before the project country registration (registration), purchase resources card, or foreign contracting contract (agreement), to obtain the project with corresponding qualified professional institutions to provide services and the prophase of the cost, according to the proportion of 50% of the actual cost subsidies.
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-Premium subsidy for transportation out of materials: the transportation premium for overseas investment and contracted projects in the investment country or region and the domestic port to overseas port shall not exceed 20% of the actual cost paid by the enterprise.
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?The investment policies of financial institutions for "Belt and Road" countries mainly include:
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-The People's Bank of China has promoted a number of Chinese and foreign financial institutions to jointly launch the Belt and Road Green Investment Principles, and the total assets held or managed exceeded exceeded $42 trillion, becoming an important provider of green funds for national cooperation.
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-The People's Bank of China, together with relevant departments of the EU, has continued to promote the convergence of green financial standards between China and Europe, and the convergence rate of the new common catalogue has reached 80%.
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-We will actively support joint countries in establishing their own green classification standards with reference to the China-Europe Catalogue to attract more green investment in the international market.
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The implementation of these policies helps to promote the economic development and cooperation in the "Belt and Road" countries.
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