Abstract
Economic globalization is a process of forming a global market under the conditions of technological progress and national opening-up. Influenced by factors such as national policies, the international environment and geopolitics, the values, concepts and choices of the participants of globalization will change accordingly, thus affecting the mode, scale and speed of globalization. Therefore, the development of globalization is not always smooth and its evolutionary path is not linear but fluctuating and tortuous. There may even be stagnation, regression and division in some periods, ultimately leading to the reorganization and transformation of the globalization process and its governance.
