economy of integration meaning in English

综合经济, 经济一体化

At present , with global steel seriously surplus , global economy of integration process quickening and a great deal of need of our of our country market to steel material , have caused the private iron and steel enterprise not only needed to face the fierce competition of the domestic large - scale iron and steel enterprise , but also must face the huge pressure from the abroad iron and steel enterprises ; meanwhile , it brings certain impact to development of the enterprise run by the local people because of the nation ’ s macro adjustments and controls of the steel profession too
目前,随着全球钢铁产能的严重过剩、全球经济一体化进程的加快以及我国市场对钢材的大量需求,导致了民营钢铁企业不仅要面对国内大型钢铁企业的激烈竞争,还必须面对来自境外钢铁企业的巨大压力;同时,国家对钢铁行业的宏观调控也给民营企业的发展带来一定的冲击。民营钢铁企业只有加快培育自己的核心竞争力,才能在激烈的市场竞争中求得生存,否则,就只能被淘汰出局。