In 2017，the South Caucasus region has maintained a rare calm in the backdrop of international and regional complication.Political reforms in each country have been steadily and orderly promoted，showing a diversified development trend.Driven by the global economic recovery，a good prospect appears in the economy although the economic progress of each country still varies.All countries seize the favorable opportunity of the easing tensions，expand their space in all directions and strive to create a favorable external environment for their own economic development.Furthermore，significant progress has been made in strengthening cooperation between China and these countries under the framework of the “Belt and Road” Initiative.