关键词: 全球经济调整, 制度冲突, 国家角色, 中国选择

Abstract: From a historic perspective,China had regrettably missed the opportunity to integrate into and steer the globalization process that started in the 16 th century.As a direct result,since the late Ming dynasty,China's economy and trade had suffered from external shocks and hence declined from their booming period.Currently,given that China's economy is integrating into globalization rapidly,the rational policy choice for China is to forsake the traditional "I-am-superior" orientation and play an equal and active role in the new platform of global economic competition,such that national interests and economic well-being can be effectively integrated to propel China's economic rejuvenation.

Key words: global economic adjustment, institutional conflict, role of nation, China’s choice