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ECONOMICGLOBALIZATIONEconomicglobalizationistheworld'seconomicactivitybeyondnationalborders,throughforeigntrade,capitalflows,technologytransfer,provisionofservices,interdependentandinterrelatedandtheformationofglobalorganiceconomyasawhole.Thehighdevelopmentofproductivity1Thedevelopmentofmultinational2Theimplementationofglobalmarketeconomysystem235thecausesofeconomicglobalizationInthe21stcentury,economicglobalizationandtransnationalcorporationsin-depthdevelopment,bothtoworldtradehasbroughtchance,butalsobroughtalottothenationaleconomicuncertainty,itappearsmanynewfeaturesandanewcontradiction.BetterqualitiesFirstCanmakefulluseofforeigncapitalHelptosolvetheproblemofemploymentofsurpluslaborindevelopingcountriesAdvantagesGlobalizationBetterqualitiesThedevelopingcountriescanlearnthepracticaltechnology,managementexperienceandtheenterprise’sspiritofcooperationfromthedevelopmentcountries.Eachcountryhashisownspecialty,andmakesfulluseoftheirownadvantagestoproducehighqualityproducts.Capitalbringspracticaltechnology,managementexperienceandspiritofenterpriseinnovation,capitalisconducivetotheestablishmentofmodernenterprisesysteminthestate-ownedenterpriseofourcountry.Capitalisconducivetotheeconomictransformationofthenonmarketeconomycountries.CanmakefulluseofforeigncapitalHelptosolvetheproblemofemploymentofsurpluslaborindevelopingcountriesEconomicglobalizationtotheMulti-NationalCorporationtoenterthemarket,toprovidemorejobs,alleviatetheadverseimpactonthesocialsurplus.12345ThedisadvantagesofglobalizationAlargenumberofforeignentryiseasytocausethedebtburden,causeinternationaldebtcrisis.TheforeigncapitaltoenterthelargerofthenationalcapitalandnationalindustrialimpactEconomicglobalizationhasacceleratedbetweendevelopinganddevelopedcountriestheimbalanceofeconomicdevelopmentEconomicglobalizationunderminestheeconomicsovereigntyofdevelopingcountriesinacertainextentTransformationunderthebackgroundofeconomicglobalization,developingcountryeconomyisfullofturmoilanddownsIthinktheadvantagesoutweighthedisadvantagesofeconomicglobalizationonChina,nowourpeople'slivingstandardshavebeengreatlyimproved,theworld'ssecondlargesteconomy.Summary