TITLE:
Research on the Influence of Economic Globalization on China’s Social Welfare Level
AUTHORS:
Handuo Li
KEYWORDS:
Economic Globalization, Social Welfare, Influence
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.6 No.10,
October
31,
2018
ABSTRACT: Since the reform and opening up, China’s economy has become more and more integrated into the world wave, and the changes in foreign trade have become more and more large, almost instantaneously changing to be doubled in four years. Based on the information and statistics of the WTO, China is already another major economic breakthrough after the world’s largest foreign exchange reserve country and the world’s second largest economy. This paper has studied the change of welfare of China and uses the data of people’s salary so as to show the relationship between welfare level and governing station. At last, this paper gats the conclusion that China’s welfare undertakings must consider the problem of narrowing the income gap. It is necessary to reduce the gaps in regional participation in the context of globalization with appropriate positive measures, so as to better develop the economic level of each region, and strive for coordination in development.