![]() ![]() The developing countries on the other hand are on the whole in an unfavorably position. ![]() They are usually the most active propellers and the biggest beneficiaries of globalization. The developed countries have apparent advantages in capital, technology, human resources and administrative expertise and in setting the "rules of the game". The "dividends" derived from globalization are not fairly distributed. Therefore, we should embrace and seize the opportunities presented by globalization and adopt reforms to keep up with the steps of the changing world.ĭue to the lack of a just and equitable international economic order, the influence of globalization on countries at different stages of development is entirely different. Development,progress and prosperity could only be achieved through opening to and integrating with the outside world, through stepping up exchanges and cooperation with other countries and through absorbing all fine results of human civilization. China has learnt from her long history that isolation leads to backwardness. In this massive tide of economic globalisation, no country can develop and prosper in isolation. It is the inevitable result of the development of productive forces and advances of science and technology, especially the revolution of information technology since the 1980s and 1990s.Īs a result, economic interdependence and interaction between countries are becoming ever stronger. Globalization is the objective trend of economic development in the world today, featured by free flow and optimized allocation of capital, technology, information and service in the global context. Today, I would like to share with you some of my thoughts on Globalization and China's participation in this process. I sincerely wish this Symposium a complete success. Research and discussion on this subject are not only of realistic significance but also will have a long term impact. Globalization, Competition and Growth in Greater China is a very interesting subject. I am very pleased to be invited to speak at the Annual Conference of the Chinese Economic Association. ![]() ![]() Ambassador Zha Peixin At Chinese Economic Association Annual Conference (14 April, 2003) HOME > Ambassador > Remarks > 2009 and Before ![]()
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