Globalization of Economy and the Strategy of Developing Country

The globalization of econnomy is the inevitable result of the development of social productive forces and social history. Its basic characters play important parts in the process of developing country's economic development and promotion of international competition power. At the same time, they also bring some negative effects. Facing the trend of globalization of economy, the wise strategy of developing country is to grasp the valuable historic chance. Furthermore, they should make best use of the advantages and bypass the disadvantages according to their reality, strengthen their mutual unity and cooperation, meet the challenges of globalization of economy with the active attitude.