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 / World Economic Forum

Economic globalization at a crucial moment

Xinhua | Updated: 2017-01-17 14:16

BEIJING - As economic globalization appears to have come to a crosscroad where a next step to be taken by major players will lead to either a new world or a dead end, insight and far-reaching vision are essential for the future of the world at such a crucial moment.

It is a moment when protectionism, populism and isolationism are on the rise in especially developed countries, seen in a trend of anti-globalization, anti-free trade, anti-establishment votes and domestic social split.

At such a moment, protectionism, populism and isolationism have all found economic and political outlets, including depressed cross-border trade and investment, heightened trade barriers, stalled regional integration and toughened immigrant policies.

They have emerged where there are economic downturns or crises. The sluggish economy has shrunken the interest cake to share, hitting particularly such social groups as the blue-collars.

They have been deliberately used by some political forces to circumvent pains from true realities and necessary reforms, trying to make globalization a scapegoat for exposed defects in economic structure and governance.

They have come at a time when the last round of technological and industrial revolution and old-fashioned economic and development patterns have exhausted their fuels for growth, falling short of enabling a balance in both development and benefit distribution.

Truly, it has been a challenge so far in the process of globalization to achieve a balance there. However, this failure should not mean an end.

It just calls for ideas and actions to make things better. The process of globalization has so far worked to lift millions of people out of poverty around the world.

The existing discontent about globalization reflects the existence of problems in how to manage and control the globalization process, instead of globalization itself, according to US economist and Nobel laureate Joseph Stiglitz.

Globalization once came as a historical choice and reasonable solution to advancements in social productivity and technology. Driven by new scientific and technological outcomes, it has led to industrial transfers and resources regroupings worldwide in the form of globalized trade and investment by transnational companies.

On top of the emerging new round of technological and industrial revolution, transformations in both the international labor division system and the global value chain are ushering in a new stage of the economic globalization.

The world scenario that boasts some 900 million social media users and some 360 million participants of cross-border electronic commerce, with an increase in cross-border personnel movement outpacing that in global population, is among the early signs.

The cross-border information flow nowadays, 46 times that in 2005 as shown by a Mckinsey Global Institute report last February, means a gigantic exchange of commodities, services, capital and personnel.

More significantly, it implies a lowered threshold for accession to globalization for smaller companies, start-ups and individuals.

While turning the world into a deeply interdependent one, globalization has also re-shaped much of the world's thinking. Many issues and their solutions in parts of the world can no longer be closed off from the rest of the world, as economic and political factors have interlocked and domestic and international problems overlapped in an unprecedented way.

Where to go at this crucial moment of economic globalization is to be discussed at the 2017 annual meeting of the World Economic Forum (WEF) to be opened on Jan. 17 in the Swiss resort Davos. High expectations are being focused on Chinese President Xi Jinping and the proposals he puts forward.

China's decades-long reforms and opening to the outside world represent a successful course of integration into the global economy, as the country benefits from the process of 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: a级高清 | 美国毛片一级视频在线aa | 国产午夜永久福利视频在线观看 | 韩国毛片 免费 | 国产日韩欧美在线一二三四 | 国产精品亚洲片在线观看不卡 | a毛片免费在线观看 | 1204国产成人精品视频 | 日韩精品一区二区三区中文字幕 | 日本www视频在线观看 | 成年女人免费看片 | 欧美综合精品一区二区三区 | 久久综合久久精品 | 高清不卡毛片免费观看 | 国产高清三级 | 国内精品久久影视 | 国产精品视频第一区二区三区 | 亚洲精品久久久久午夜三 | 国产视频软件在线 | 国产成人精品久久二区二区 | 亚洲欧美人妖另类激情综合区 | 成人高清视频在线观看 | 亚洲国产一区二区三区a毛片 | 岛国大片在线播放免费 | 99久久国产综合精品成人影院 | 欧美成人性色生活片天天看 | 国产精品高清久久久久久久 | 国外成人在线视频 | 精品一区二区三区在线观看 | 五月激激激综合网色播免费 | 欧美成人四级hd版 | 欧美一区二区三区免费看 | 亚洲男人天 | 国内精品久久久久久久久蜜桃 | 日本aaaa精品免费视频 | 免费国产99久久久香蕉 | 国产香蕉国产精品偷在线观看 | 特级淫片国产免费高清视频 | 91久久国产综合精品女同国语 | 欧美久草| 成人国产在线视频在线观看 |