Switzerland-Davos/Chinese Vice Premier

The video discusses the inevitability of economic globalization as a historical trend driven by social productivity and technological advancement. It highlights the deep integration of global economies and the impossibility of any country achieving sustainable development in isolation. The video emphasizes China's proactive approach to globalization, transitioning from a closed to an open economy, which has not only fostered its own development but also benefited the world. China's significant economic achievements, including becoming the world's second-largest economy, are underscored.

What is described as a historical trend driven by social productivity and technological advancement?

• Economic isolation

• Technological stagnation

• Economic globalization

• Cultural divergence

Why is it impossible for any country to achieve sustainable development independently?

• Due to technological backwardness

• Because of political instability

• Because of global economic integration

• Due to lack of resources

What significant shift did China undergo in its economic policy?

• From open to semi-open economy

• From closed to fully open economy

• From semi-open to closed economy

• From open to closed economy

What has become a defining feature of modern China?

• Openness to the world

• Cultural divergence

• Technological stagnation

• Economic isolation

What is one of the outcomes of China's participation in global economic processes?

• Becoming economically isolated

• Becoming the world's smallest economy

• Becoming the world's largest economy

• Becoming the world's second-largest economy