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China’s role in the next phase of globalization

Back to Global China, Digital China

China’s role in the next phase of globalization

While globalization accelerates growth, it also amplifies disruption, and some advanced economies are turning inward. Successful further globalization may depend on whether China throws its considerable weight behind a new approach.

MGI suggested that China can lead in three key areas: upgrade the skills of its vast workforce; help to bring the rest of the world online and lead international efforts to establish frameworks on data standards, cybersecurity, and AI; and continue to put its capital to work building the world’s infrastructure. China can reshape multilateral agreements and institutions to bridge the world’s developing and advanced economies.

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