Traditional Culture Encyclopedia - Traditional stories - What has accelerated the shift of the center of gravity of the world economic structure?
What has accelerated the shift of the center of gravity of the world economic structure?
With the deepening of globalization and the rise of emerging market countries, the focus of the world economy is accelerating from the west to the east. The main reasons for this change include the rapid economic growth of Asian countries, the exertion of demographic dividend and the economic integration of East Asia. In the past decades, the rise of China, Indian and other emerging market countries has made Asia the engine of global economic growth. Trade and investment cooperation among Asian countries has also been continuously strengthened, forming an interdependent economic system. At the same time, the economic growth of western countries is relatively slow, and the traditional economic system is facing challenges and adjustment pressure. This shift in focus will further affect the global economic structure and promote the changes in the pattern of cooperation and competition among countries in the economic field.
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