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The 16 + 1 Mechanism and One Belt One Road Initiative, New Channels of Promoting Sino-Czech Relations

Author

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  • JIANG LI

    (PhD, Senior researcher, Department of Central and Eastern European Studies Institute of Russian, Eastern European and Central Asian Studies Chinese Academy of Social Sciences)

Abstract

The 16 + 1 mechanism and One Belt One Road initiative have played a prominent role in promoting economic and trade cooperation between China and Central and Eastern European Countries. Along with strengthening mutual political trust and improving economic and trade cooperation mechanisms between China and the Czech Republic, bilateral trade is continuously growing, while mutual investment is significantly expanding. The two countries are willing to explore the potential of economic complementarities and constantly promote cooperation in fields such as machinery manufacturing, energy, finance and infrastructure. Looking to the future, the present paper underlines that economic and trade cooperation between China and the Czech Republic will face some opportunities, but also some challenges

Suggested Citation

  • Jiang Li, 2017. "The 16 + 1 Mechanism and One Belt One Road Initiative, New Channels of Promoting Sino-Czech Relations," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 5(1), June.
    • Handle: RePEc:ntu:ntugeo:vol5-iss1-17-159
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    Cited by:

    1. Dossou, Toyo Amegnonna Marcel, 2018. "The impact of China’s one belt one road Initiative in Africa: the Evidence from Kenya," MPRA Paper 90460, University Library of Munich, Germany.

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