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Overseas Port Investment Policy for China’s Central and Local Governments in the Belt and Road Initiative

Bibliographic Data

ID12423136
AuthorsJihong Chen (0000-0001-8760-3020, Shanghai Maritime University), Yijie Fei (0000-0003-1723-9061, Shanghai Maritime University), Paul Tae‐Woo Lee (0000-0003-1517-740X, Zhejiang University, corresponding author), Xuezong Tao (0000-0001-5515-9033, Shanghai Maritime University)
Year2018
Volume28
Issue116
Pages196-215
Publication date2018-10-11
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Contemporary China (JOURNAL)
Journal identifiersISSN: 1067-0564 • E-ISSN: 1469-9400
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/10670564.2018.1511392
OpenAlexW2897000608
LanguageEN
Citations received17

The Belt and Road Initiative (BRI) is a national strategy proposed by China to strengthen globalization and regional economic integration, connecting the country to the world. The BRI will drive China’s ports to expand connectivity through construction and operation along the ‘21st-Century Maritime Silk Road (MSR)’. At the same time, port governance involves central, provincial and local governments engaging in overseas investment and financing in the context of the BRI. Under the double-level governance of the central and local governments, discrepancies, disjointed actions and gaps inevitably arise between the policies launched by the central and local governments. This article evaluates 14 major coastal ports operating with state-level support and overseas investment. 11 evaluation indexes are determined from the existing development conditions of ports and the economic strength of port cities. Fuzzy clustering method is applied to evaluate and classify the development of the coastal ports in China and to develop a reasonable implementation mode of the ‘going global strategy’ of the ports. Consequently, it would help policymakers and stakeholders in China deal with the rivalry of provincial governments, alleviate overseas investment risks and strengthen the foreign port chain management along the MSR

Business · Central government · China · Context (archaeology · Corporate governance · Economic growth · Economics · Economy · Foreign direct investment · Geography · Globalization · International trade · Investment (military · Local government · Market economy · Political science · Politics · Port (circuit theory · Rivalry · Coastal and Marine Management · Economic Zones and Regional Development · Maritime Ports and Logistics · Public Administration · Finance

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Unique citing works17
Citations per year2,43
Citation span2019 - 2026 (8)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 17

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