The impact of globalization on China’s economy Abstract: Globalization is the new catchphra in the world economy, dominating the globe since the nineties of the last century. People relied more on the market economy, had more faith in private capital and resources, international organizations started playing a vital role in the development of developing countries. The impact of globalization has been fair enough on the developing economies to a certain extent. It brought along with it varied opportunities for the developing countries. It gave a fillip for better access to the developed markets. The technology transfer promid better productivity and thus improved standard of living.卖萌图片
Key Words: Globalization impact economy WTO医生自我鉴定
托福报名时间Globalization is the best word of the last ten years. All the newspaper followed the word and politician spoke of it. And a lot of academics ud it. To this word, people also have different kinds of statements. Tho people who said globalization is a good thing. Basically argue, the more free trade, the more free capital movements, there are in the world and the more economic groups will exalt, and the more economic growth. The bigger of the pie, we all have to share, and that will be more for everyone on the ground. Some people against the globalization. Becau there is always the weak industrial countries or some poor countries.
不要熬夜英语Industrial will to development if fully implement free trade, a global economic integration. Foreign master their own economy. The government can't control his economy. Countries will be lost economic sovereignty. The superstructure bad on economic. So the economy is very important. Lost economic ,Finally countries will for foreign control, may even being swallowed up.
As for me, globalization is not only an opportunity but also a great challenge for Chine economy.
电脑主板
Globalization refers to the process of incread integration between different countries and economies and the incread impact of international influences on all aspects of life and economic activity. China is located in the continent of Asia with the highest population in the world of 1.3 billion people. They are the fastest growing economy due mainly to foreign direct investment in which occur becau of cheap labor rates and manufacturing costs. With the tremendous progress in the last decade China has reduced poverty dramatically thanks to an economic system increasingly open to trade and foreign investment
新生儿可以剪指甲吗The impact of globalization on China’s economic growth is far-reaching. During
the p ast 20 years, China’s international trade expanded 16 times, with its ranking in the world bounced to venth from the original 32nd. Trade dependence rate lifted from 10 to 36%. The amou
nt of FDI is now the largest amongst developing countries. According to a modular study on the synergy of FDI conducted by the Development Rearch Centre of the State Council, China’s GDP recorded an average annual growth rate of 9.7% over the past 20 years, of which 2.7% was attributed to FDI. Apart from using such statistics to show the impact of globalization on the Chine economy, we recognize that integration with the world economy is instrumental to improving the Chine economic structure, speeding up the establishment of the market economy, raising the level of corporate governance and technological capability, as well as optimizing its human resources.
The impact of globalization on China’s economic growth is momentous. Globalization prents to everyone a world which is increasingly liberalized and market-oriented. It also brings us intensified competition and a greater degree of interdependence. Every one must learn to adapt to the increasingly competitive environment, and coordinate and cooperate with others in line with the new rules. Hence, the practices of different governments would inevitably be challenged. Whichever government comes to proceed with strategies or policy asssment and planning, economic globalization is definitely an important factor to be taken into account. The Chine government has adopted a ries of strategically significant policies so as to address the challenge of economic globalization. The include readjustment of the economic structure by speeding up the developmen
清朝满族t of the high technology ctor and the western region; transformation of the pattern of economic growth by strengthening IT education and sustainable development as well as further development of the outward-oriented economy by implementing “come in” and “go out” strategies. Besides, the government is consolidating refor m in SOEs and government administration with a view to establish a governing mechanism in compliance with international rules and practices. The policies obviously facilitates China’s further integration into the global economy.
The success of the open d oor policy has boosted Chine people’s lf-confidence, and has also established a liberal thinking in the country. Chine people acknowledge that today’s success is a result of liberalization, which has long been our primary target. Though like other nations, China may have a different interpretation of globalization and some specific ideas to cope with the challenges arin from it, a few Chine people would advocate going back to “isolationism” and
hardly any would call for shutting the door of the country.
期中考试分析
On the 17th of September 2001 China was admitted membership into the World Trade Organization after 15 years of lobbying for the position. They were then able and were participants of the Doha round on the 10th of November 2001. “International economic cooperation has brought about this de
fining moment in the history of multilateral trading system,” said Mike Moore, WTO Director-General, at the conclusion of the meeting of the Working Party on China’s Accession.
As a result of this negotiation, China has agreed to undertake a ries of important commitments to open and liberalize its regime in order to better integrate in the world economy and offer a more predictable environment for trade and foreign investment in accordance with WTO rules. This more stable environment with hopefully then lead to a decrea the level of corruption in the political system which will lift its index and ranking as so then will become more attractive for foreign investors, to China’s benefit and to the traders.
Thus, globalization has the fair and rough share of its impacts and thus we can surely hope for more advancement in the global economy due to this process.
Bibliography:
A Brief History of Globalization
Globalization Challenge and Management Transformation
Globalization:The Irrational Fear That Someone in China Will Take Your Job
