The thesis aims to identify the impact of the Belt and Road Initiative on China's manufacturing industry. It researches the impact on manufacturing trade, employment, supply chain, and manufacturing investment. By data analysis and literature review, it shows the Belt and Road initiative make effort on infrastructure construction and it has a conductive impact on the manufacturing trade. While the impact on the employment rate in traditional manufacturing will be negative due to the manufac... show full abstractThe thesis aims to identify the impact of the Belt and Road Initiative on China's manufacturing industry. It researches the impact on manufacturing trade, employment, supply chain, and manufacturing investment. By data analysis and literature review, it shows the Belt and Road initiative make effort on infrastructure construction and it has a conductive impact on the manufacturing trade. While the impact on the employment rate in traditional manufacturing will be negative due to the manufacturing transformation and upgrade. Also, the author uses the PEST model in the SWOT model to identify the China manufacturing future with the help of the initiative. Although the threat is strong, with the policy coordination and financial support proceeded by the initiative, the future of China manufacturing is bright especially Chinese standards and Chinese quality will be on the way to be globally admitted. |