A B S T R A C T
"The Belt and Road" strategic initiative put forward by China, has a significant influence on the development of international society. At the same time, as a grand strategic initiative, the construction of "The Belt and Road" will also promote the economic development of countries which will participate in the project. The initiative involves so many countries and such a large population, which is unprecedented in the history of China's diplomacy. What’s more, the domestic environment in these nations is complex and pluralistic, which undoubtedly plays an important role in "The Belt and Road". I will explore what opportunities and challenges this initiative will bring to regional and international economic development In this paper, by analyzing the implementation process of the initiative, different attitudes of involved countries and several meaningful accomplishments of the project.

Keywords:
The Belt and Road
Influence
Opportunities
Challenges

1. Introduction
The "Silk Road" in history is the main trade route connecting China and outside world and the core bond between China and outside, through which they can make economic, political and cultural exchanges a lot. To speed up the construction of Chinese new open economy system, China put forward a strategic planning about "Pushing the construction of Silk Road Economic Zone and Maritime Silk Road, and forming a new opening all-round pattern” on the third plenary session of the eighteenth. The “One belt, one road” project will be a powerful fulcrum for the all-round construction of the “opening to outside world” pattern.
”The Belt and Road”(B＆R) is the abbreviation of the Silk Road Economic Belt and the 21st-Century Maritime Silk Road. Chinese President Xi successively put forward an initiative of building “the Silk Road Economic Belt” and “the 21st-Century Maritime Silk