Globalization is an objective reality of the world economy, which is also an inevitable trend.

The benefits of globalization have been repeated praised by the mainstream.

However, when globalization develops to a certain extent, anti-globalization will begin.

In the developed nations with labour shortage and capital-intensive nations, the employment and wages of the low-skilled labour have been seriously affected.

The research team at ANBOUND Consulting is of the view that China is one of the major beneficiaries of globalization. From the perspective of China's interests, taking part in globalization is only half of the journey; China should take advantage of globalization to facilitate the subsequent reforms and opening up.

In face of the weakened globalization and the trend of anti-globalization, China should adapt to the new changes in the external environment and respond swiftly to the change.

China have to stand firm on its views and hold high the iconic banners – in terms of politics, China is committed to pacifism , in terms of reforms, China is committed to market-based reform and in term of international economy, China is committed to free trade.