Extra credit blog: China and globalization-SUN DAIYANG
China and globalization
1.Is globalization good for China?
According to recent blogs and articles from The Economist.In my opinion globalization is good for China. Globalization is conducive to China's trade export, the introduction of foreign capital, the creation of more employment opportunities, the improvement of the international foreign trade environment, and the promotion of China's financial reform. China's export-oriented economy is bound to be inseparable from the international market. For example, fonts made in China can be found on products used anywhere in the world. Chinese culture goes out, and Chinese cultural festivals in various countries have enhanced China's influence and international status; scientific and cultural exchanges have promoted the progress of China's science and technology. In terms of the environment, globalization has brought environmental protection awareness to China, and most of the environmental protection ideas come from Western environmental protection organizations. Also bring environmental protection methods and advanced experience. So that China's environment has also improved.
2. Is China good for globalization?
In my opinion, China's development is good for globalization, especially in terms of economy, transportation, and technology. As the most populous country in the world, China's consumption power is beyond doubt. The tourism industry of many surrounding countries is supported by the Chinese people. There is also the purchasing power of the Chinese people. No matter which country you are in, you can find Chinese people in duty-free shops and large shopping malls. In recent years, China's science and technology have developed rapidly. China is the first country to commercialize 5G and has the world's largest telescope. In terms of transportation, China's high-speed rail is the most familiar to everyone. The high-speed rail industry in many countries has received assistance and support from China. Greatly improved the local traffic efficiency.
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