| Summary: | In the context of “the world is undergoing great development, transformations,
and adjustments,” the new trends in the world economy deserve more
attention. This article gives a brief review of changes in international trade
growth, current account balances, international investment flow, effective
interest rates, and relative growth rates of both developed and developing
economies. It argues that the slowdown in external demands will continue for
a long time, that countries may attach more importance to external markets
and competition will intensify. In the course of economic globalization, China
needs to focus on developing its domestic markets, devote itself to creating
favorable social and economic institutional conditions to increase efficiency
and constantly progress in endogenetic technology, and explore an upgraded
system for international multilateral trade and investment
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