New Thinking on Capacity Cooperation between China and Africa under the “Belt and Road Initiative” ()
ABSTRACT
International
Capacity Cooperation China proposes a new model of international economic cooperation,
which is of great significance for promoting China’s surplus capacity transfer
and industrial transformation and upgrading. It is an inevitable choice for
China to respond to changes in the global industrial chain. This paper uses the
“geese line model” theory to explore the opportunities and challenges of
China-Africa international capacity development. The study finds that the scale
of China-Africa capacity cooperation is expanding, and China’s foreign
implementation of the “flying geese model” drives the economic development of
underdeveloped countries in Africa. The status quo of non-capacity cooperation: at present,
the cooperation mode between other countries and Africa poses a challenge to
China-Africa international capacity cooperation. China-Africa industrialization
cooperation and other cooperation have not been coordinated, and Africa is hard
to bear the large-scale capacity transfer in China in the short term. This is
the challenge of capacity cooperation between China and Africa. Therefore,
China-Africa capacity cooperation must consolidate the foundation of
sustainable development of China-Africa relations, and at the same time
strengthen infrastructure construction to help economic and trade development,
and jointly improve the development of the service industry, build Chinese
business cards, and enhance corporate brands. Looking into the future, China-Africa capacity cooperation model has two
directions: first, to build industrial parks, to undertake labor-intensive
industry transfer; second, African countries to upgrade infrastructure through
China-Africa Industrial Park.
Share and Cite:
Li, Y. (2019) New Thinking on Capacity Cooperation between China and Africa under the “Belt and Road Initiative”.
Open Journal of Social Sciences,
7, 95-106. doi:
10.4236/jss.2019.712008.
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