Concept Of Economic Globalization And China's National Economic Interests

Economic Globalization and the interests of national economy are the two aspects in the unity of opposites. Economic globalization provides opportunities for the interests of national economy and challenges the realization of the interests of national economy as well. In the process of economic globalization, the realization of the interests of national economy depends on how the nation itself handles it.We need to be on guard against the mistaken ideas of "the left" and "the right" as to how China faces economic globalization at present. One is the traditional and narrow view of national economic interests that derived from the typical planned economy system. Scholars holding this view advocate developing national economy independently with plans and without opening to the outside world. The other is the western trend of thought: new liberalism in economics, which is made up of a series of viewpoints. Scholars holding this view advocate economic liberalization, private ownership and the realization of national economic interests without macro management of the government. These two views of economic development are both one-sided; they not only neglect the objective law of the development of economic globalization, but also lose contact with the reality of China's economic development. Therefore they are not only unfavorable to the full realization of our national economic interests but also will hinder the development of economic globalization in the future and the establishment of new order of international economy.In order to participate in economic globalization in an all-round way and guard the interests of Chinese nation, we should adopt a new and global view of national economic interests, which is not only independent and initiative but also opened to the outside world in an all-round way. This new view has several advantages. It is favorable to both China's and the world's economic interests. It conforms not only to the objective law of the development of economic globalization but also to the actual situation of China's economic development. It not only goes with the tide of the development of economic globalization but also conforms to the principles of justice, rationality, equality and mutual benefit in the future. In a word, this is the socialist view of economic interests with Chinese characteristics, which reflects not only the fundamental interests of the broadest masses of the people but also the internal demands of economic co-development of different nations in the world.