Talk about the economic globalization around us

The process of economic globalization has begun, especially since 1980s, especially since 1990s, the process of world economic globalization has been greatly accelerated. Economic globalization is conducive to the rational allocation of resources and production factors in the world, the global flow of capital and products, the global expansion of science and technology, the economic development of underdeveloped areas, the performance of human development and progress, and the inevitable result of world economic development. But it is a double-edged sword for every country, which is both an opportunity and a challenge. Especially for developing countries with weak economic strength and relatively backward technology, the risks and challenges will be more severe in the face of fierce global competition.