A Model of Co-Creation: China's "Supply-Consumption Integration" and the Provision of International Public Goods via the Belt and Road Initiative

Abstract

In an era of mounting obstacles to globalization and a sluggish global economic recovery, the international community needs sustained, stable, open, and inclusive international public goods more than ever, yet their supply is confronted with the dual dilemma of "hegemonic decline" and "multilateral failure": long-standing core suppliers no longer deliver steadily, and existing research lacks attention both to developing countries' practices and to the agency of consumers. As China has developed rapidly, the international community has voiced a variety of opinions concerning the "China responsibility theory." Taking China's Belt and Road Initiative as its point of entry, this paper argues that China, through the effective supply of international public goods, has established an innovative strategic path characterized by "supply-consumption integration."

Keywords

• International Public Goods (IPGs)
• Supply-Consumption Integration
• Path
• Belt and Road Initiative (BRI)
• China's Strategy

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