It analyzes the differences and similarities between the third economic globalization and previous two, concludes that the essence of economic globalization is global capital expansion, and that intangible capital plays key role in the third time and becomes the dominant force in capital expansion.

In order to adapting itself to the new environment of china s entry to the WTO and economic globalization, Zhuzhou Chemical Industry Group must make and complement its capital expansion strategy, make great efforts to develop capital management, realize the capital s fast expansion, buildup its strength of compe.

In the development process of the colony of the North America and the early days of the foundation, the American nation gradually formed expanding thought with its own characteristics, namely the sense of puritanical mission of their immigrants primogenitor, "democratic expansion theory" represented by Madison and "agricultural empire theory" represented by Jefferson.