Characteristics of world economic development

1, Globalization: Globalization refers to the trend of increasing economic interdependence among countries. With the development of transportation, communication and Internet technology, transnational trade, investment and financial activities are increasingly frequent, which promotes the integration of the global economy.

2. Digitalization: Digitalization refers to the wide application of information technology and the rapid development of digital economy. The popularity of Internet, artificial intelligence, big data and other technologies has changed the traditional production, sales and consumption patterns, and promoted economic innovation and transformation.