Extra credit blog: China and globalization ZHANG ZEHUA

I think globalization is good for China. 

1. Economic globalization has made China more deeply integrated into the global economic system and accelerated the frequency and speed of international trade. As the world's second largest economy, China has received more attention on the international stage. Chinese companies have also improved their management level and product quality by participating in international competition, and enhanced their international competitiveness. At the same time, economic globalization also provides China with opportunities to cooperate and learn from other countries. Through cooperation with developed countries, China can learn from their advanced technologies and management experience to promote China's own industrial upgrading and improvement of innovation capabilities. In addition, globalization has also brought broader market opportunities to Chinese companies. Chinese companies can achieve economies of scale and improve their profitability by expanding international trade and expanding overseas markets.

 2. Economic globalization has brought stable economic growth to China. By participating in international trade and the global industrial chain, China has expanded the international market and achieved steady growth in exports. At the same time, foreign direct investment also provides stable financial and technical support for the Chinese economy. These will help promote the stable growth of China's economy. Economic globalization has also brought broader entrepreneurship and employment opportunities to China. Entrepreneurs can achieve entrepreneurship and innovation by connecting with global enterprises and markets. More job opportunities also promote increased consumption and demand, driving China's economic growth.

China is also conducive to globalization. 

China has played an active role in the globalization process. As the world's largest exporter and second largest importer, China actively participates in international trade and has become an important engine for world economic growth. China promotes the development of regional trade partnerships such as the Asian Free Trade Area and the “One Belt, One Road” initiative, and promotes economic and trade cooperation with countries along the routes. Secondly, the development of China's scientific and technological innovation and high-tech industries has attracted worldwide attention. China has made huge breakthroughs in the fields of Internet technology, artificial intelligence, and driverless driving, becoming a leader in global technological innovation. Chinese technology giants such as Huawei, Alibaba, and Tencent have achieved great success around the world, and their products and services are deeply rooted in the hearts of the people. In addition, China's cultural heritage and tourism resources attract a large number of international tourists.

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