The Role of Unilateral Tax Incentives in Africa in the Context of ‘One Belt, One Road’ As A Driver of Quality Development

DOI

10.2991/978-94-6463-702-1_85How to use a DOI?

Keywords

tax incentives; high-quality development; China-Africa cooperation; Belt and Road; regional economy

Abstract

This paper examines the impact of China’s unilateral tax incentives for African countries on their high-quality development in the context of the Belt and Road Initiative. By analyzing the policy background, objectives and current situation, the paper discusses the role of tax incentives in promoting infrastructure construction, industrial upgrading, employment improvement and regional economic connectivity in African countries. The study shows that tax incentives provide important development opportunities for African countries, promoting their economic diversification and technological progress, while upgrading the level of local human capital. However, there are some challenges in the implementation of the policies, such as the weakness of infrastructure and institutional environment in African countries, imbalance in trade structure and potential friction caused by international competition. To address these problems, the paper proposes countermeasures such as optimizing policy design, enhancing policy transparency, promoting two-way investment and technological cooperation between China and Africa, and promoting regional integration.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Qichao Zhang
AU  - Kai Li
AU  - Weiyi Zhou
PY  - 2025
DA  - 2025/05/05
TI  - The Role of Unilateral Tax Incentives in Africa in the Context of ‘One Belt, One Road’ As A Driver of Quality Development
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 826
EP  - 832
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_85
DO  - 10.2991/978-94-6463-702-1_85
ID  - Zhang2025
ER  -