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>Unity Between Economic Globalization and Economic Localization:An Interpretation of Shanghai Pilot Free Trade Zone from the Perspective of International Political Economics
Unity Between Economic Globalization and Economic Localization:An Interpretation of Shanghai Pilot Free Trade Zone from the Perspective of International Political Economics
The external background of the establishment of Shanghai Pilot Free Trade Zone is economic globalization and global trade competition. The internal background focuses on the following:the demand for further opening-up and economic development;RMB in-ternationalization;the conditions such as concepts,policies,institutions and materials are pos-sessed. It enhances China’ s power in world economics:the massive concentration of enterpri-ses and investment in Shanghai show their confidence and identity to Chinese government and market;the institutional innovation of finance and other fields reflects China’ s determination and self-confidence of developing economy and participating in the process of globalization;economic growth increases China ’ s structure power and global interdependence enhances China’ s relation power.
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