A globalizing China benefits world

Globalization can be understood as an actual historical process toward a structural convergence in economy and politics among nations in their ever-increasing interaction and interdependence, with the consequences of such convergence having an impact on their social and cultural spheres. It is generally understood that China has been rapidly globalizing and that a globalizing China has been a primary catalyst for improving living standards in many parts of the world.

Globalization must be an especially complex phenomenon and challenging task for China, an ancient nation with rich and weighty tradition. China has shown amazing vitality in its economic sphere. Its development since the late 1970s is nothing short of a miracle.

Moreover, as China shows signs of going beyond its initial focus on economic globalization to address its political, legal, ethical and cultural implications, the holistic success of its attempt at globalization will be of historic significance to the world. Friendly and concerned students of China would want it to become a moral leader of the world by meeting the following requirements in its globalizing effort.