Establishment symbol: 1947 signing the General Agreement on Tariffs and Trade.

After World War II, western European countries generally declined, while the economic strength of the United States expanded, and the United States attempted to establish a capitalist world economic system dominated by itself. Mainly through the following steps:

(1)1in the summer of 944, representatives of the United States, Britain and China's wartime allies held the Bretton Woods conference. With its strong economic strength, the United States has established an international monetary and financial system dominated by the US dollar, namely the Bretton Woods system. The establishment of the International Monetary Fund and the World Bank became the two pillars supporting world economic and trade relations after the war.

② 1947 signed the General Agreement on Tariffs and Trade, which formed an international trade system centered on the United States, thus becoming another pillar supporting world economy and trade after the war.

(3) The World Bank, the International Monetary Fund and the General Agreement on Tariffs and Trade have become the three pillars supporting world economic and trade relations. On this basis, the post-war capitalist world economic system was formed.