Strategic Development Outline for Economic Cooperation Between the People's Republic of China and Mongolia

Strategic Development Outline for Economic Cooperation Between the People's Republic of China and Mongolia

Author: Asian Development Bank

Publisher:

Published: 2002

Total Pages: 128

ISBN-13:

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The PRC and Mongolia share a common border of about 4,600 kilometers. In 2000, both countries expressed strong interest in exploring possibilities for economic cooperation, particularly as a means of fostering economic development in remote border areas. ADB provided technical assistance that helped formulate a strategic development outline for promoting economic cooperation, particularly in the area covering the three provinces in eastern Mongolia and the Xinganmeng Prefecture in the eastern part of Inner Mongolia Autonomous Region, PRC.


Mongolia's Economic Prospects

Mongolia's Economic Prospects

Author: Matthias Helble

Publisher: Asian Development Bank

Published: 2020-06-01

Total Pages: 293

ISBN-13: 9292622498

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This publication examines Mongolia’s recent economic development and outlines reforms that would help the country take advantage of its many opportunities. Mongolia is rich in natural resources and, although landlocked, is well-placed to boost trade with its two giant neighbors. The country needs to diversify its economy beyond mining, enhance economic stability, and increase employment. To maximize Mongolia’s potential the government can improve macroeconomic management, enhance the skill base, and provide hard and soft infrastructure to promote trade and efficient logistics. Governance and institutional reforms are also crucial. The government will need to continue to drive reforms so that they are well implemented and deliver the intended change.


Infrastructure for a Seamless Asia

Infrastructure for a Seamless Asia

Author: Asian Development Bank

Publisher:

Published: 2009

Total Pages: 298

ISBN-13:

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This study examines major challenges and issues associated with developing regional infrastructure through the fostering of regional cooperation in Asia, and provides a framework for pan-Asian infrastructure cooperation. The study's long-term vision is the creation of a seamless Asia (an integrated region connected by world-class, environmentally friendly infrastructure) in terms of both "hard" (physical) and "soft" (facilitating) infrastructure. The soft part supports the development and operation of the hard component. Findings indicate that the benefits of upgrading and extending Asia's infrastructure networks are substantial, and that all countries in the region would benefit. A logistics network is only as good as its weakest link; each country in a regional supply chain gains from infrastructure improvements made in others. Improving connectivity in the region would bring Asia large welfare gains through increased market access, reduced trade costs, and more efficient energy production and use. According to the study, to achieve this Asia needs to invest approximately $8 trillion in overall national infrastructure between 2010 and 2020. In addition, Asia needs to spend approximately $290 billion on specific regional infrastructure projects in transport and energy that are already in the pipeline


Chinese Perspectives on the Belt and Road Initiative

Chinese Perspectives on the Belt and Road Initiative

Author: Joel Wuthnow

Publisher: Createspace Independent Publishing Platform

Published: 2017

Total Pages: 56

ISBN-13: 9781978092525

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One of Chinese president Xi Jinping's signature foreign policy programs is the Belt and Road Initiative (BRI), a web of infrastructure development plans designed to increase Eurasian economic integration. Chinese official rhetoric on the BRI focuses on its economic promise and progress, often in altruistic terms: all countries have been invited to board this "express train" to wealth and prosperity. Missing from the rhetoric is much discussion of the initiative's security dimensions and implications. Chinese officials avoid describing the strategic benefits they think the BRI could produce, while also gliding over major security risks and concerns. Yet at the unofficial level, China's security community has paid close attention to these issues, probing in great depth the gains Beijing can expect, the challenges it will face, and the new demands it will have to satisfy. Understanding those Chinese assessments is helpful as the United States considers how, when, and in what capacity to engage the BRI.


Toward an Environmentally Sustainable Future

Toward an Environmentally Sustainable Future

Author: Qingfeng Zhang

Publisher: Asian Development Bank

Published: 2012-08-01

Total Pages: 335

ISBN-13: 9290927135

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This publication presents the results of a 2-year effort to update environmental assessment in the People's Republic of China (PRC). The research was a collaborative effort involving the Asian Development Bank (ADB), the Ministry of Environmental Protection, the National Development and Reform Commission, and numerous other technical and research institutions in the PRC. Based on this research and extensive consultations, ADB proposes a wide range of programs and policies that will help improve environmental quality despite new and emerging sources of pollution and challenges to natural resources management. Inclusive growth and a green economy are the government's guiding principles for its development agenda under the 12th Five-Year Plan and beyond to 2020. To support these principles, the PRC needs to restructure its economic and fiscal systems to reflect environmental externality, expand the use of market-based instruments to control pollution, and introduce and implement legal reforms to clarify responsibility and promote cooperation.