Author(s)

Yang Yifei ¹

Affiliation(s)

¹ Jiangxi University of Finance and Economics, Nanchang, Jiangxi, 330013, China

Corresponding Author

Yang Yifei

ABSTRACT

With the promotion of the "Belt and Road" initiative, China's direct investment in ASEAN countries, which are located at the important nodes of the "Belt and Road", has increased dramatically. This has pushed forward the economic and trade development between China and ASEAN, and facilitated the flow of labor factors in the regional market, which has brought about the issue of social security for transnational workers. At present, China and ASEAN have the basis and demand for social security cooperation, but still face the difficulties of cooperation, such as the different levels of social welfare needs, the limited ability of ASEAN to coordinate interests, and the different degrees of development of social security systems. Based on this, we can actively promote international cooperation on social security through the existing dialogue mechanism, gradually form the basic rights and interests of transnational workers by utilizing the standards of international conventions, and improve the infrastructure of international cooperation on social security, so as to promote the deepening development of international cooperation mechanism on social security between China and ASEAN under the "Belt and Road" initiative.

KEYWORDS

"Belt and Road", China-ASEAN, outward foreign direct investment

CITE THIS PAPER

Yang Yifei, Research on China's OFDI to ASEAN under the Background of "Belt and Road". Information Systems and Economics (2025) Vol. 6: 38-45. DOI: http://dx.doi.org/10.23977/infse.2025.060106.

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