Can the BRI Deliver High-Quality Development? A Multi-Actor Analysis of China's Overseas Economic Zones

The Belt and Road Initiative (BRI) has evolved from its ambitious beginning into a framework focused on high-quality development (HQD), emphasizing environmental sustainability and people-centered development. This study examines to what extent these new directives are implemented in the context of China’s overseas economic zones (OEZs), employing a multi-actor-influence model to analyze the complex interactions and challenges inherent in these projects. Focusing on the Vientiane Saysettha Development Zone (VSDZ) in Laos, our analysis identifies three primary institutional challenges: fragmentation between the central and local governments in China, structural constraints imposed on Chinese businesses, and inadequate cooperation between Chinese and host country actors. These challenges underscore the complexities of translating Beijing’s top-down policy into effective action on the ground. The paper concludes with a discussion of the broader implications of these findings for the BRI’s future development. Plain Language Summary This study examines Beijing’s recent strategic shift in the Belt and Road Initiative (BRI) towards high-quality development (HQD), focusing on sustainable environmental practices and enhancing local livelihoods. Our policy analysis confirms Beijing’s commitment to these goals. However, challenges arise due to the BRI’s decentralized implementation and the varied influences of multiple actors from both China and the host countries. We explore these challenges through a detailed case study of the Vientiane Saysettha Development Zone (VSDZ) in Laos, identifying three key issues: fragmentation between Chinese central and local governments, constraints on Chinese businesses, and inadequate cooperation between Chinese and host country actors. Our study contributes in three significant ways. First, it adds to the discussion of Beijing’s transition towards HQD and the BRI’s global influence through a review of Chinese policies and an analytical model elucidating the realities of BRI implementation. Second, it theorizes that outcomes of BRI projects are shaped more by local circumstances and stakeholder actions than by policies alone. Finally, it suggests potential measures to help realize HQD within the BRI framework in the future.