This study investigates the impact of China's financial development on the Sustainable Development Goals (SDGs) of Belt and Road Initiative (BRI) participating countries. Using panel regression and Geographically and Temporally Weighted Regression (GTWR) models, the study finds that China's financial development significantly promotes SDGs, particularly in Asian, low- and middle-income, and Land Silk Road countries. The scale and efficiency of China's financial development are more impactful than its structure. The study's findings offer valuable insights for policymakers in China to enhance sustainable development within the BRI framework.
Publisher
HUMANITIES AND SOCIAL SCIENCES COMMUNICATIONS
Published On
Feb 22, 2024
Authors
Chenggang Li, Gang Zhao, Keumseok Peter Koh, Zhenci Xu, Mu Yue, Weiyan Wang, Yuanyuan Tan, Liang Wu
Tags
China
financial development
Sustainable Development Goals
Belt and Road Initiative
panel regression
Land Silk Road
policy implications
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