ABSTRACT
In general, the Belt and Road construction, unlike the coastal opening-up strategy in the 1980s with its clear regional direction, is a strategy for an all-around opening up and international cooperation initiative that various regions can participate in. The construction of transport infrastructure in advance is one of the successful experiences of China’s economic development, and the idea that road construction leads to prosperity has been deeply rooted in people’s minds. Modern transport systems have significantly reduced the time and cost of overcoming distance, forming the modern world system that links many regions in the world much more closely. The essential experience China has gained in promoting high-speed economic development since the reform and opening up is the establishment of various special economic zones, the exploration of pilot economic policies and management tools, and the active attraction of external production factors.
