In the process of globalization, each country culture retains an independence from the others besides in reality a fusion of several cultures. Bilingual education as an effective means and intangible resource, which have long been neglected, will play an important part in social and economic development in China. Bilingual education, in this method of language instruction, the regular school curriculum is taught through the medium of a foreign/second language. The foreign/second language is the vehicle for content instruction. The subject of the instruction is to make students master language as well as subject knowledge. This thesis attempts to expound the necessity of the implementation of bilingual education in China in the process of globalization. Bilingual education is mot a unitary language phenomenon and usually displays an essentially economic concern for the languages to be used. Hence, economics can be of service and offer insights and information in the study of language issues that other approaches do not provide so far. Besides, the problems in China's bilingual education are analyzed, followed by a list of suggestions for reference, however, due to a variety of reasons, there still exist several drawbacks like lack of linear research and whatnot. Those are to be dealt with in further researches.