www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Scapegoating globalization won't solve economic woes

Xinhua | Updated: 2017-01-19 14:46

BEIJING - Finding a scapegoat for the prolonged global economic quagmire is easy, while coming up with practical solutions is not.

The current global economic situation is the result of a lack of new growth engines, inadequate global economic governance and uneven development. Obviously, these problems will never be solved by a shift away from globalization.

Economic globalization is a double-edged sword, but its benefits far outweigh the costs, whether for developed and developing economies, or the world as a whole.

Take a look at the benefits that the United States reaps due to its position. Free trade has lowered the price of food, clothing and other goods that working-class Americans use the bulk of their paychecks to buy.

Moreover, foreign direct investment in the United States is adding millions of new jobs each year. Chinese investment, alone, already accounts for over 100,000 jobs and this is still growing, according to a report by Rhodium Group and the National Committee on US-China Relations.

There is no doubt that the United States has lost some manufacturing jobs to lower-cost countries as a result of globalization, but this situation is also the result of technological innovation and industrial upgrading.

This is also what is happening in China, as some of its manufacturing moves to Southeast Asia. Yet instead of building trade barriers, China has chosen to boost innovation and industrial upgrading to give it an edge.

Economic globalization has created new problems, but this should not be used as a justification to write off economic globalization completely.

In a world of increasing interdependence, free trade, foreign investment and increased mobility of people -- components of economic globalization -- are the preconditions for economic growth. No country can develop by itself.

Economic globalization is a bell that cannot be un-rung. The question should not be whether or not to promote it, but how to make it more inclusive and ensure its benefits are shared.

It is crucial to maintain openness. Reforms are needed at home to boost innovation, adjust economic structure and address income inequality, while international cooperation and policy coordination should be enhanced to avoid disputes.

Discontent is understandable during hard times, but it is more proactive for policy makers to provide solutions with far-reaching vision than to lambaste globalization.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 色一欲一性一乱一区二区三区 | 在线国产一区二区 | 久久久久久久久国产 | 欧美一二三区视频 | 国产深夜福利视频网站在线观看 | 欧美精品在线一区二区三区 | 中国一级性生活片 | 欧美1 | 免费观看欧美精品成人毛片能看的 | 俄罗斯aaaa一级毛片 | 日韩国产欧美视频 | 一区二区三区四区五区六区 | 一级毛片黄片 | 欧美与黑人午夜性猛交久久久 | 国产精品2019 | 国产精品三 | 国产高颜值露脸在线观看 | 欧美成人看片黄a免费看 | 国产日韩线路一线路二 | 秘书高跟黑色丝袜国产91在线 | 国产精品路边足疗店按摩 | 免费a网| 日本加勒比在线观看 | 国产三级精品在线 | 深夜国产成人福利在线观看女同 | 免费国产成人高清无线看软件 | 国产一毛片 | 国内精品久久久久影院网站 | 欧美一级欧美一级高清 | 国产成人免费手机在线观看视频 | 国产日韩精品视频 | 精品香蕉99久久久久网站 | 亚洲欧美日韩久久一区 | a级欧美片免费观看 | 成人男女网18免费看 | 日韩精品中文字幕视频一区 | 台湾一级特黄精品大片 | 久久久国产在线 | 中国三级毛片 | 九九九九视频 | 亚洲欧美精品中字久久99 |