| Economic globalization started after the Second World War: trade contacts and mutual investments among developed countries gained great development, various international economic mechanism began to formulate, and a great many developing countries entered the international economic system, as a result, economies of different countries became inter-infiltration and interdependence, tending to be a whole. Until the 1980s, the rudiment of the economic globalization had already appeared. Since 1990s, the historical transform of the international economy and politics has appeared, the Info-tech has advanced capital fluxion and technical transition, and economic globalization has formed the trend of acceleration. Nowadays, the globalization has become the objective process of today's world economic development and the new historical stage of the economic socialization and internationalization under the modern advanced technology. Economic globalization has become the forceful tidal current of the era.Confronting the globalization, every country, especially the developing countries, can benefit greatly from the development if they conform to the tide and meet the challenge. They can even grow up rapidly with this historic developing opportunity, just as that over the 200 years' history of the world's economy, each great revolution created several new strong countries. To the contrary, if any country still sticks itself to a closed developing way during the rapid promotion of globalization, it will certainly be washed out in history. However, for developing countries, there are various inequalities existing in the structure of economic globalization. First is inequality of decision-making power. Developed countries are the constitutors of globalization regulations while developing countries are just the accepters. Second is inequality of status. The dominant industries of economic globalization, including advanced technical industry, information industry and modern financial industry, all come from developed countries. Third is inequality of consequences. The disadvantages of globalization mostly concentrate on developing countries. The Southeast Asian Financial Crisis in1997, which is the biggest financial strike to the world's economy after the Second World War, has caused disastrous consequences to these countries. Therefore, in recent years, along with advancing economic globalization, the defense of financial crisis and risks has been paid special attention to by all countries. This is because finance is a special industry of high risks. Crisis of a single financial institution may bring chain reaction to the whole financial system, causing overall and systematic financial crisis and finally leading into the turbulence of the whole society. As this, under the tide of globalization, when to participate into the international cooperation and competence, an urgent issue to the internationally society, especially to developing countries, is how to improve capacity of defending international financial crisis and maintain the safety of national economy. Financial crisis of different countries has continuously approved that, if any country do not have enough knowledge about guarding against financial crisis or improperly deal with, its own economic safety even the nation's safety will be threatened. A country's financial risks or crisis may evolve into economic crisis, political crisis even national crisis. China's economic development profits from opening up to the outside world, thus, in order to gain further development, China must open even wider. On 11, November, 2001, China entered into WTO formally, which meant substantive progress since China participated into the globalization. This progress will further promote China's economy. At meantime, China is a developing country with economic shunt. Confronting globalization, how to keep away from financial crisis, safeguard financial system, has become a serious issue of it, with both great theoretical and practical significance. Thereby, this thesis, ma...
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