Economicopportunitiesofglobalizationondevelopingcountries:

　　First,economicglobalizationfordevelopingcountriestoattractmoreforeigninvestmentconditionsandopportunities.Toattractforeigninvestmentscalewillnodoubthelptosolvetheproblemofshortageoffundsindevelopingcountries.

　　Second,economicglobalizationfordevelopingcountriesoutsideofthecapitalvotedtocreateafavorableexternalenvironmentandconditions,sothatforeigndirectinvestmentscaleiscontinuallyexpandingandgrowingfast.

　　Third,economicglobalizationbroughtaboutaworldwideeconomicandtechnologicaldevelopmentzonesandbondedareasandfreetradezonesandotherformsofdevelopmentoffreeeconomiczones.

　　Fourth,theeconomicglobalizationsothattheworldwideindustrialrestructuringwasfurtherdeepened,thepaceofincrease.Developingcountriescantakeadvantageofthisopportunitytofollowbasedonrealityandfocusonthefutureoftheorganicunityandtaketheinitiativetocoordinatetheworldwideindustrialrestructuringandupgradingofdomesticindustriesrelationship.

　　Fifth,economicglobalizationhaspromotedthedevelopmentoftransnationalcorporationsindevelopingcountriessothatintheworldmarketgradually.However,thedevelopmenttrend,asaresultofeconomicglobalizationfordevelopingcountriesinthebroaderfieldofactiveparticipationininternationalcompetitionopportunitiesfortransnationalcorporationsindevelopingcountriesmoreactivelyactiveintheworldeconomicstageoftheerajustaroundthecorner.

　　Sixth,theeconomicglobalizationhasdriventherapiddevelopmentofinternationaltrade.Althoughdevelopedcountriesarethebiggestbeneficiariesofinternationaltrade,butdevelopingcountries,especiallydevelopingcountriesinAsiaalsobenefitedfrominternationaltrade,itstradevolumeofworldtradeaccountedforabout20%ofthetotal.

　　Economicchallengesofglobalizationondevelopingcountries

　　Thechallengesposedbyeconomicglobalizationistough,developingcountriesanddevelopedcountriesbroughtaboutbyeconomicglobalizationtosharesomeinterests,butunderpressurefromeconomicglobalizationbroughtaboutbythenegativeeffectsofevenaseriousblowtotheireconomies.Economicglobalizationondevelopingcountries,thechallengesare:

　　First,developingcountriesinthecurrentprocessofeconomicglobalizationinadisadvantageousposition.Withtheglobaltradeandtheglobalproductionsystemofrapiddevelopment,aswellasmultinationalcorporationsandcapitalexpansionofthenationaleconomyofdevelopingcountriesarefacedwithincreasingpressureandtheimpactofdependenceonthedevelopedcountriesisalsoincreasing.Developedcountriestocontroltheinternationaleconomicsystem,holdsthehandsofcapital,technologyandotheradvantages,ineconomicglobalizationtothemajorityofdevelopingcountriesfarbehind.

　　Secondly,undertheeconomicglobalizationoffinancialglobalizationindevelopingcountriesinpromotingeconomicgrowth,broughtaboutthefinancialriskscannotbeignoredandeconomicshocks.Atpresent,24hoursofelectronictransactionsintheglobalfinancialmarkethastakenshape,inordertoprovidegreaterfacilitationofmarkettransactions,butalsoforthefinancialsect