Research on the Impact of China's Economic Cooperation with the “Belt and Road” Countries from a Cross-Cultural Perspective

Abstract

With the gradual deepening of economic globalization, the frequency of cross-cultural business cooperation between countries has gradually increased. Whether at the macro or micro level, communication obstacles and economic losses caused by different cultural backgrounds to the economic exchanges of countries are also increasing. This paper selects the economic cooperation data (2014–2021) of 29 countries along the “Belt and Road” that have economic relations with China, uses Hofstede's cultural index to calculate the cultural distance between China and these countries along the route, and uses the extended gravity model to conduct empirical tests, The result shows that cultural distance does have an impact on bilateral economic cooperation, and there are differences due to regional differences.