Economic Globalization, Regional Economic Integration and China’s Economic Development Strategy

China is the world’s largest developing country, with a population of 1.2 billion and an economic system undergoing a profound transformation. Since 1979, it has been implementing measures to reform its economic system, pursuing a policy of opening up to the outside world and stimulating economic growth by expanding external economic relations. China’s economic relations with the rest of the world have grown closer over the years, and it is now an important player in the global economy. Today, the country is on a high-speed growth path with a development strategy that is increasingly shaped and influenced by major external factors, particularly economic globalization and regional economic integration.