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China and globalization: 40 years of Reform and Opening-up and globalization 4.0

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  • Huiyao Wang

Abstract

The story of China’s development over the four decades since Reform and Opening-Up was launched is deeply entwined with the process of globalization. China has benefited from and contributed to globalization through increasing cross-border flows of capital, goods and people. Following its development and rise on the international stage, China is now well-placed to play a constructive role in tackling new challenges associated with globalization 4.0. This includes by helping to update global governance mechanisms, acting as a catalyst for regional integration, and continuing to serve as an engine for the global economy. The Belt and Road Initiative will also be an important vector for globalization 4.0 as it helps to bring its enabling infrastructure and technologies to all corners of the globe.

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  • Huiyao Wang, 2019. "China and globalization: 40 years of Reform and Opening-up and globalization 4.0," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 17(3), pages 215-220, July.
    • Handle: RePEc:taf:jocebs:v:17:y:2019:i:3:p:215-220
    DOI: 10.1080/14765284.2019.1667099
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    Cited by:

    1. Xiaohui Chen & Yiqing He, 2022. "The Impact of Financial Resilience and Steady Growth on High-Quality Economic Development—Based on a Heterogeneous Intermediary Effect Analysis," Sustainability, MDPI, vol. 14(22), pages 1-19, November.

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