In the international financial crisis, the global trade and direct investment declined, but the basic trend of economic globalization, not changed, but that does not mean that the international financial crisis on the development process of economic globalization has no effect. In the post-crisis era of economic globalization and multi-polar world economy have emerged a number of new features. Chinese Academy of Social Sciences Institute of Finance and Trade Economics, doctoral tutor Pei Changhong researchers accept the China Economic Times reporters interview that the financial crisis has accelerated the world's economic center of gravity shift from the Atlantic to the speed of the Asian region, "BRIC" will become an emerging economic power, the world economy, a force to be reckoned with.

For China, to participate fully in post-crisis era of economic globalization, the opportunities outweigh the challenges.

A new feature of globalization

Although the United States and major Western economy has developed signs of improvement, but the economy has fully recovered the road is still remote, the basic trend of economic globalization, not changed, but that does not mean that the international financial crisis, it has no effect on the development process, in post-crisis era, this effect not only exists, but also presents several new features:

First, the state capital directly to private monopoly capital integration as an important means to rescue the crisis, the state capital from relief to other interventions will be the development of economic globalization, a new phenomenon.

Second, the state capital of multinational needs a new economic stimulus. Crisis, countries not only to take measures to stimulate the national economy, but also to take joint measures to stimulate the economy. Visible elements of the flow of capital from the private monopoly has been the transnational flow of capital to developing countries, cross-border capital flows.

Third, global economic governance reform has become the new demands of economic globalization. The first is reform of
financial and monetary system. In the reform calls for the International Monetary Fund, the increase of China, Brazil, Russia, India, represented by the emerging market countries and developing countries speaking and voting rights, which became the game with the United States due to the dominance of the new force. Although the new arrangements to borrow capital increase means a compromise choice, but the International Monetary Fund reform is imperative. Followed by consultation and policy coordination platform of reform. As the world continues to deepen the degree of economic interdependence, the United States and other Western developed countries and economies in the dialogue, consultation and the need to continue to enhance policy coordination, G20 as an important national platform for institutional dialogue, a great club and later replaced by the rich G8 G7 trend.

Fourth, the new technological revolution and industrialization of brewing. Countries are to seize the technological high ground, the world will enter an unprecedented era of innovation-intensive and industrial revitalization. In the new energy, biotechnology, and information networks in the field, and make breakthroughs in key technology industries will become the post-crisis era of the new initiatives developed industrial revitalization, which will promote a new round of industrial transfer, and promote the new international division of labor .

Fifth, the international monopoly capital is looking for new global markets. Out of the long-term U.S. national interests to consider, as part of monopoly capital and support the U.S. government strongly advocated the development of new energy and low carbon economy, and attempt to gain technological advantages, re-use of capital advantage of a new international division of labor and global markets. This effort will be the development of economic globalization, new trends. Meanwhile, in order to curry favor and gain the financial support of monopoly capital, the designers of the new U.S. energy economy is also planning a financial monopoly capital in the new energy economy in the way of making money - carbon trading and carbon finance. Achieve this vision will become a U.S. financial monopoly capital to establish a new international division of labor, new plan for global expansion.