What is Globalization?——XU KEYING

   Globalization refers to the interconnection and interpenetration of economic, political, cultural and social affairs worldwide, and is an open, interactive and diversified process.The advancement of globalization stems from mutual exchanges and cooperation among countries in the fields of technology, capital, commodities and culture, and such exchanges and cooperation promote the development and integration of the global economy.

  At present, globalization has become a major trend in the world economy and politics.Globalization has facilitated international trade, cross-border investment and the flow of technology.Globalization had therefore had a positive impact on economic markets, international trade and the industrial division of labour.However, globalization had also brought about many negative impacts, including the polarization of the rich and the poor, environmental problems, cultural shocks and so on.Since globalization could bring about a series of problems, responding positively to the trend of globalization had become one of the most important issues facing Governments and the international community.

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