The impact of globalization on ChinaWord格式文档下载.docx

The impact of globalization on ChinaWord格式文档下载.docx

《The impact of globalization on ChinaWord格式文档下载.docx》由会员分享，可在线阅读，更多相关《The impact of globalization on ChinaWord格式文档下载.docx（3页珍藏版）》请在冰点文库上搜索。

andthusimprovedstandardofliving.

KeyWords:

Globalization、economy、WTO

Globalizationisthebestwordofthelasttenyears.Allthenewspaper

followedthewordandpoliticianspokeofit.Andalotofacademicsusedit.To

thisword,peoplealsohavedifferentkindsofstatements.Thosepeoplewho

saidglobalizationisagoodthing.Basicallyargue,themorefreetrade,the

morefreecapitalmovements,thereareintheworldandthemoreeconomic

groupswillexalt,andthemoreeconomicgrowth.Thebiggerofthepie,weall

havetoshare,andthatwillbemoreforeveryoneontheground.Some

peopleagainsttheglobalization.Becausethereisalwaystheweak

industrialcountriesorsomepoorcountries.

Industrialwilltodevelopmentiffullyimplementfreetrade,aglobal

economicintegration.Foreignmastertheirowneconomy.Thegovernment

can'

tcontrolhiseconomy.Countrieswillbelosteconomicsovereignty.The

superstructurebasedoneconomic.Sotheeconomyisveryimportant.Lost

economic,Finallycountrieswillforforeigncontrol,mayevenbeingswallowed

up.

Asforme,globalizationisnotonlyanopportunitybutalsoagreat

challengeforChineseeconomy.

Globalizationreferstotheprocessofincreasedintegrationbetweendifferentcountriesandeconomiesandtheincreasedimpactofinternational

influencesonallaspectsoflifeandeconomicactivity.Chinaislocatedinthe

continentofAsiawiththehighestpopulationintheworldof1.3billionpeople.

Theyarethefastestgrowingeconomyduemainlytoforeigndirectinvestment

inwhichoccurbecauseofcheaplaborratesandmanufacturingcosts.Withthe

tremendousprogressinthelastdecadeChinahasreducedpoverty

dramaticallythankstoaneconomicsystemincreasinglyopentotradeand

foreigninvestment

TheimpactofglobalizationonChina’seconomicgrowthisfar-reaching.

Duringthepast20years,China’sinternationaltradeexpanded16times,with

itsrankingintheworldbouncedtoseventhfromtheoriginal32nd.Trade

dependencerateliftedfrom10to36%.TheamountofFDIisnowthelargest

amongstdevelopingcountries.Accordingtoamodularstudyonthesynergyof

FDIconductedbytheDevelopmentResearchCentreoftheStateCouncil,

China’sGDPrecordedanaverageannualgrowthrateof9.7%overthepast20

years,ofwhich2.7%wasattributedtoFDI.Apartfromusingsuchstatisticsto

showtheimpactofglobalizationontheChineseeconomy,werecognizethat

integrationwiththeworldeconomyisinstrumentaltoimprovingtheChinese

economicstructure,speedinguptheestablishmentofthemarketeconomy,

raisingthelevelofcorporategovernanceandtechnologicalcapability,aswell

asoptimizingitshumanresources.

TheimpactofglobalizationonChina’seconomicgrowthismomentous.

Globalizationpresentstoeveryoneaworldwhichisincreasinglyliberalized

andmarket-oriented.Italsobringsusintensifiedcompetitionandagreater

degreeofinterdependence.Everyonemustlearntoadapttotheincreasingly

competitiveenvironment,andcoordinateandcooperatewithothersinlinewith

thenewrules.Hence,thepracticesofdifferentgovernmentswouldinevitably

bechallenged.Whichevergovernmentcomestoproceedwithstrategiesor

policyassessmentandplanning,economicglobalizationisdefinitelyan

importantfactortobetakenintoaccount.TheChinesegovernmenthas

adoptedaseriesofstrategicallysignificantpoliciessoastoaddressthe

challengeofeconomicglobalization.Theseincludereadjustmentofthe

economicstructurebyspeedingupthedevelopmentofthehightechnologysectorandthewesternregion;

transformationofthepatternofeconomic

growthbystrengtheningITeducationandsustainabledevelopmentaswellas

furtherdevelopmentoftheoutward-orientedeconomybyimplementing“come

in”and“goout”strategies.Besides,thegovernmentisconsolidatingreformin

SOEsandgovernmentadministrationwithaviewtoestablishagoverning

mechanismincompliancewithinternationalrulesandpractices.These

policiesobviouslyfacilitatesChina’sfurtherintegrationintotheglobaleconomy.

ThesuccessoftheopendoorpolicyhasboostedChinesepeople’s

self-confidence,andhasalsoestablishedaliberalthinkinginthecountry.

Chinesepeopleacknowledgethattoday’ssuccessisaresultofliberalization,

whichhaslongbeenourprimarytarget.Thoughlikeothernations,Chinamay

haveadifferentinterpretationofglobalizationandsomespecificideastocope

withthechallengesarisenfromit,afewChinesepeoplewouldadvocategoing

backto“isolationism”andhardlyanywouldcallforshuttingthedoorofthe

country.

Onthe17thofSeptember2001Chinawasadmittedmembershipintothe

WorldTradeOrganizationafter15yearsoflobbyingfortheposition.They

werethenableandwereparticipantsoftheDoharoundonthe10thof

November2001.“Internationaleconomiccooperationhasbroughtaboutthis

definingmomentinthehistoryofmultilateraltradingsystem,”saidMikeMoore,

WTODirector-General,attheconclusionofthemeetingoftheWorkingParty

onChina’sAccession.

Asaresultofthisnegotiation,Chinahasagreedtoundertakeaseriesof

importantcommitmentstoopenandliberalizeitsregimeinordertobetter

integrateintheworldeconomyandofferamorepredictableenvironmentfor

tradeandforeigninvestmentinaccordancewithWTOrules.Thismorestable

environmentwithhopefullythenleadtoadecreasethelevelofcorruptionin

thepoliticalsystemwhichwillliftitsindexandrankingassothenwillbecome

moreattractiveforforeigninvestors,toChina’sbenefitandtothetraders.

Thus,globalizationhasthefairandroughshareofitsimpactsandthuswecansurelyhopeformoreadvancementintheglobaleconomyduetothis

process.

Bibliography:

ABriefHistoryofGlobalization

GlobalizationChallengeandManagementTransformation

Globalization:

TheIrrationalFearThatSomeoneinChinaWillTakeYourJob