The increasingly prominent global problems as well...

The increasingly prominent global problems as well as the inadequacies and deficiencies in public goods and global governance in the process of globalization have hindered the process of economic globalization

As mentioned above，there are indeed many common problems facing global and human development in the process of economic globalization，which require global cooperation and innovative development of governance systems.However，there is currently a lack of a fair，reasonable，sufficient and effective global public goods supply mechanism and global governance system.The traditional supply of public goods is seriously insufficient，and the global governance system needs to be improved urgently.In particular，many new problems emerging in the process of economic globalization，such as global inequality，poverty alleviation，sustainable development，and financial crisis management，etc.，all need developed and developing countries to work together to jointly manage and promote globalization towards a fairer，more inclusive，open，and efficient direction.Therefore，due to the insufficient supply capacity of global public goods and the imperfect global economic governance system and mechanism，the healthy and sustainable development of economic globalization has been seriously restricted and affected.