Internet development and new technological revolut...

Internet development and new technological revolution will reshape the new impetus for economic globalization

In the Internet age,the development of economic globalization will present new forms and organizational patterns.If the last round of economic globalization is mainly characterized by production integration,trade liberalization and financial internationalization promoted by multinational companies,which formed a global international division of labor system and a global value chain system.Then the future development of globalization will rely on major technological revolutions such as the Internet and information technology,AI,platform economy,and network innovation to promote profound changes in the way of global resource allocation.In addition to the deepening of the existing international division of labor system and the promotion of market mechanism,the development of Internet technology,big data,platform economy and cloud computing will also affect the allocation of resources and the strategic layout of enterprises ’ global production and operation in the process of globalization.New technologies and new models will reshape the internal dynamics and external forms of future economic globalization.The world economy will enter a new Kondratiev long cycle under the impetus of a new round of economic globalization and new technological revolution.