Economic Globalization: Formation Advantages and Disadvantages Countermeasures

Economic globalization refers to the international fusion of the production and management of each country through global market as well as the deepening of economic connection and dependence. With the indefinite increase of capital value and the expanding nature of capital as the basic drive and the formation of global market as the fundamental prerequisite,economic globalization comes as an inevitable outcome of the development productivity. Although economic globalization can benefit all countries in the world,its influence on each is not all the same. For the sake of the development of China's economy,it is an inexorable option for us to keep track of the situation,to take essential countermeasures and to melt into economic globalization actively.