Core Insights - The lecture by Professor Jin Keyu emphasizes the shift from an era of "hyper-globalization" driven by economic development to a new phase where political forces are significantly shaping economic structures [3][9] - Geopolitical risks are increasingly influencing economic decisions, leading to inflation and capital market volatility, yet globalization shows unexpected resilience [4][10] - China's position in global supply chains is strengthening despite external pressures, with a notable decrease in reliance on imported intermediate goods, indicating enhanced supply chain autonomy [4][10] Geopolitical and Economic Dynamics - Geopolitical logic is deeply penetrating economic decision-making, with rising geopolitical risks reflected in economic phenomena such as inflation and market fluctuations [4][10] - Despite Western countries imposing technology blockades and protectionist measures against China, global dependence on China is increasing [4][10] - The importance of countries in trade networks is now more about their "hub" position in global production, trade, and knowledge networks rather than just their production scale [4][10] Role of Intermediate Countries - Middle-sized countries in a "non-aligned" or "intermediate" position are becoming crucial "connectors" in the global economy, facilitating trade and investment amidst weakening geopolitical group trade [5][11] - These countries are emerging as important buffers for maintaining global economic interactions, contributing to the resilience of globalization and indicating a complex multi-centered network rather than a simple bipolar world [5][11] Future Competition and Technological Dynamics - The core logic of future technological competition is shifting from pursuing "technological monopoly" to developing "technology diffusion and application capabilities" [5][12] - China is leveraging its advantages in large-scale manufacturing, cost innovation, and rapid application to drive technology diffusion and lower global costs [5][12] - Protectionism and technology blockades may backfire, potentially stimulating domestic innovation in targeted countries and accelerating the formation of alternative systems [5][12] Conclusion on Globalization - Globalization is undergoing profound restructuring and demonstrating remarkable resilience, with countries needing to enhance their hub and connectivity roles in global networks [5][12] - The emphasis on maintaining openness and cooperation is crucial for achieving sustainable growth and shared prosperity in the new geopolitical economic landscape [5][12]