Economic Globalization And The Strategic Adjustment Of China's Economic Structure

As we all know that the economic globalization has been a distinguish characteristic of the development of the world economy. It is an inevitable trend in nowadays world. So no country can make an advance without opening to the outside. To take part in the world economy will help us to have a good development. Thanks to globalization, we now have greatly extended the global market. It also calls for the application of new technology. But on the other side, it intense the fierce competition as well as the free exchange of various sources and production elements in the worldwide range. The world economy is now converting its economic structure.With the advanced development since the opening -up to the out side world, our economy has coming into a new phase. We have established a preliminary economic system in the socialism society, and our interrelation with the other foreign countries has been consolidated. But unfortunately in the meantime, the structural problems in economy have become more and more obvious. These problems include the unreasonable industrial structure, the unbalanced development in district and the inappropriateness in the development between town and city and so on. If we do not grasp this opportunity and make some changes in economic structure, we will be very passive in the world competition. This will lead to missing the chance of pushing forward our own economy. Under this circumstance, it is important and necessary to do the strategic adjustment in economy.Therefore our main aim is to adjust the structure in the first 20 years in the 21st century. Seeing from our present economic situation and the trend of the whole world's economy, we discover that it is not a simple adjustment at some extent, but a strategic project with the help of the revolution of new technology. And by doing so, we may have a long and great effect on the development of economy including industrial structure, district or local structure, and the town-city relation. Only doing like this, can we increase our economic powers, grasp the good opportunity, face the challenges and make it possible to build a well-off society in all-round way.