What are the main aspects of economic globalization?

I. Definition of Economic Globalization

Economic globalization is one of the important features of the contemporary world economy, is an important trend in the development of the world economy, refers to the world's economic activities beyond national boundaries, through foreign trade, capital flows, transfer of technology, the provision of services, interdependence, interconnectedness and the formation of the global scope of the organic economic The process of the whole.

Second, the main performance of these aspects

1, the globalization of investment: the growth rate of international direct investment is higher than the growth rate of international trade and the growth rate of world gross domestic product (WGDP), international trade is developing rapidly, and will soon become the locomotive of the world economy.

2, trade globalization: the growth rate of international trade is higher than the growth rate of world gross product, international trade is huge, world trade is highly dependent.

3, the globalization of production and operation of transnational corporations: today about 90% of the countries have subsidiaries or branches of transnational corporations, their footprints have been almost all over the world, transnational corporations are becoming more and more the dominant force in the world economy.

4, the globalization of scientific and technological development and application.

5. Globalization of information dissemination.

6. International direct investment is growing rapidly and showing a diversified pattern.

7, the globalization of finance: refers to a country's financial activities across national borders is increasingly integrated with international financial activities, that is, the fund-raising, distribution and application of funds, beyond the national boundaries, the huge amount of money in the free flow of the countries between the global scope.