Economic Globalization and the Variation of the World Economic Formation

The impact of economic globalization on countries all over the world is becoming more and more obvious, though what kind of impact there may be has not had a widely accepted view point The author believes that China should seize the right time, especially when a new science and technology revolution is coming. There will be more benefit than harm in entering into the WTO. China should take full advantage of international rules to develop itself. Only by doing this can China take a seat in the new international formation of both economy and politics.