ABSTRACT

The defection in supply and structure disequilibrium of global public goods, especially the extreme defection of public goods in developing countries, seriously hinders the development of global economy and finance. The theme of the Annual Report on the Internationalization of Renminbi (RMB) of 2015 is: monetization strategy in the execution of the “Belt and Road” Initiative. Our research team mainly completed the following tasks. Countries along the “Belt and Road” use more RMB, which also means China is increasing the supply of global public goods. RMB receives more and more recognition in international trades. The “Belt and Road” Initiative has five types of connectivity, which are policy coordination, communication facilities, free trade, unimpeded financing, and unity of peoples. To win amid fierce competition, a country needs to forbid the blind drainage of capital, which may cause the loss of opportunity for upgrading domestic industry and lead to the failure in fierce competition among countries.