In history,economic globalization has usually been an important opportunity for development.Those who seize this opportunity can surpass slower moving economies.America and Germany in late 19th century,Japan and the A...In history,economic globalization has usually been an important opportunity for development.Those who seize this opportunity can surpass slower moving economies.America and Germany in late 19th century,Japan and the Asian Tigers in the mid-twentieth century and China and India since the 1990s have all seized the opportunity.However,the financial crisis has changed the strategies of the superpower game.For instance,America has adopted quantitative easing and export expansion as short-term policy,is promoting re-industrialization,re-innovation,and re-employment as medium-term policy,and seeks to build high-standard free trade areas with developed entities,planning for investment and service trade liberalization as well as competitive neutrality in the long run.This will change the nature of the multilateral agreement of economic globalization,and lead to exclusive regionalization,protectionist localization,and political,economic and military conglomeration,and ultimately marginalize many developing countries.How China reacts to the changing global structure is of great importance.Is economic globalization still an important opportunity?Will China be a responsible great power or be marginalized?Should China seek all-out confrontation or open up and cooperate?These are the choices China faces.The“Drawing Sword”strategy decided at the Third Plenary Session of 18th CPC Central Committee is a strategy to transcend the zero-sum game and to seize important opportunities for development.It will turn the challenges of a global high-standard free trade area and the changing structure into a strong driving force for a new round of high-level liberalization,high-standard reform,and high-quality development,so as to make China a responsible and open country with high income and large trade volume.展开更多
文摘In history,economic globalization has usually been an important opportunity for development.Those who seize this opportunity can surpass slower moving economies.America and Germany in late 19th century,Japan and the Asian Tigers in the mid-twentieth century and China and India since the 1990s have all seized the opportunity.However,the financial crisis has changed the strategies of the superpower game.For instance,America has adopted quantitative easing and export expansion as short-term policy,is promoting re-industrialization,re-innovation,and re-employment as medium-term policy,and seeks to build high-standard free trade areas with developed entities,planning for investment and service trade liberalization as well as competitive neutrality in the long run.This will change the nature of the multilateral agreement of economic globalization,and lead to exclusive regionalization,protectionist localization,and political,economic and military conglomeration,and ultimately marginalize many developing countries.How China reacts to the changing global structure is of great importance.Is economic globalization still an important opportunity?Will China be a responsible great power or be marginalized?Should China seek all-out confrontation or open up and cooperate?These are the choices China faces.The“Drawing Sword”strategy decided at the Third Plenary Session of 18th CPC Central Committee is a strategy to transcend the zero-sum game and to seize important opportunities for development.It will turn the challenges of a global high-standard free trade area and the changing structure into a strong driving force for a new round of high-level liberalization,high-standard reform,and high-quality development,so as to make China a responsible and open country with high income and large trade volume.
