A Study on Economic Development of the Hui Nationality in Ningxia under the “The Belt and Road Initiative” Strategic System

Abstract

The development of Hui nationality property economy in Ningxia is based on the new institutional economy from the theoretical perspective, and it is found that it is regulated by ethnic groups and habits and so on. The development of its property right economy has been greatly affected, which cannot adapt to the development of modern market economy. Therefore, this paper proposes to completely change the status of the property rights of Hui nationality by reforming the economic behavior and consciousness in religious beliefs, increasing the degree of economic openness, expanding the special education of market economy and clarifying the property right system.