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New Silk Road: Trade and Investment Perspectives for EU and New Partnerships – Global Value Chain Model of China
Abstract
China feels that by being the second world economy it has the moral obligation to actively contribute to a new conceptual model of world economic development. China proposes to develop global value chains led by Chinese companies. Investment and trade cooperation is a major task in implementing this initiative and the removal of investment and trade barriers as well as the opening up of free trade areas are targets to unleash the potential for expanded cooperation. In physical terms, it is a huge logistical and infrastructure project to link Europe and China with six land routes and one maritime silk road, but it is much more than this, because this vision comes embedded into the Confucian ideal of harmony and no uniformity abiding by political consensus with moral content on how different ethnic groups and different states can coexist and cooperate peacefully in a global project, fulfilling the Chinese dream of a harmonious world and a harmonious society.
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