Chinese Digital Economy Initiatives and Regulatory Framework of the Digital Silk Road

The digital economy of China emerged as one of the most effective force in the modern economic growth and globalization. With the development of digital infrastructure, China has successfully implemented digital technologies in its domestic business and in foreign economic activity. Over the last few years, the Belt and Road Initiative (BRI) has developed an ever-increasing digital economy aspect, as the model of cooperation is technology-enabled and knowledge-intensive. This chapter focuses on the history of the Chinese digital economy and how the digital economy is becoming central to the BRI. It examines the role of digital infrastructure, e-commerce, fintech, and new technologies in cross-border connectivity and economic integration between the involved countries. The chapter also assesses the possible economic, social, and technological effects of the digital rise in China on BRI partner states. Specific focus is put on legal and regulatory factors, such as data governance, cybersecurity, and regulatory coordination. With its accessible and comprehensive discussion, this chapter makes a contribution to the understanding of the strategic role of the Chinese digital economy in the formation of the path to the BRI.