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Public Goods of the Belt and Road Initiative and the Major Country Diplomacy with Chinese Characteristics
Fudan University
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Abstract  After the global financial crisis, the inadequate supply of international public goods and the tendency of “privatization” have become obstacles to the growth of the global economy. Since European and American countries already have a lot on their plates and gradually reduce the supply of public goods, China is increasingly playing a constructive role as a responsible major country. In the event of a serious shortage of global public goods supply or the inability to meet their individual needs, we could define public goods as arrangements, systems and mechanisms which serve in special areas or interregional areas of the Belt and Road and its cost is being shared by regional or interregional countries. If building a community of shared future for mankind is the strategic goal of the major country diplomacy with Chinese characteristics for a new era that is lofty and worthy of pursuing, the provision of public goods of the Belt and Road Initiative is an extremely important step in realizing the goal to build a community of shared future for mankind in the new era. China is taking concrete actions to create a community of shared future for mankind, providing the world with more highquality public goods.
Key wordsthe Belt and Road Initiative      public goods      major country diplomacy with Chinese characteristics
     
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