Category Archives: Hangzhou G20

Consensus by world leaders at G20 bears ‘distinctive stamp’ of China

GOVCN.  Leaders of major economies reached consensus during the G20 Summit on seeking workable solutions for global growth and development, a consensus that one analyst described as having China’s “distinctive stamp”. In his concluding remarks, President Xi Jinping said summit participants reached “important consensus” on such G20 tasks as strengthening policy coordination, breaking a new path for growth, achieving more

Read more

Focus on G20: Action, not words, needed to lift economy

FMPRC.President Xi Jinping urged the leaders of the world’s biggest economies to deliver “real action” and “no empty talk” as they attempt to steer the global economy out of its sluggish state. In his opening speech at the start of the two-day G20 Summit on Sept 4, he said the G20 had drawn up action plans in multiple fields, including

Read more

President Xi delivers keynote speech at B20 summit in Hangzhou

GOVCN.  According to President Xi, China has made “breaking a new path for growth” one of the major agenda items of the Hangzhou summit and has worked for the formulation of a G20 Blueprint on Innovative Growth. Countries need to seize the historic opportunity presented by innovation, new scientific and technological revolution, industrial transformation and digital economy to increase medium-

Read more

China pushes green finance onto G20 agenda

GOVCN.HANGZHOU — For the first time, green finance is included on the Group of 20 summit agenda thanks to the efforts, mainly from China, to make the financial sector contribute more to environmentally friendly economic growth around the globe. After China took over the G20 presidency last year, it quickly moved to make green finance one of the major topics

Read more

China, Economic restructuring a model for the world

GOVCN.Since the global financial crisis broke out eight years ago China has contributed greatly to and played a dominant role in maintaining global growth, starting with its $586 billion package to stimulate the domestic economy in November 2008. Although China’s contribution to global growth has decreased to about 30 percent now, based on various estimates, analysts say that after restructuring

Read more

China an apt example of sustainable growth

FMPRC. The G20 summit in Hangzhou, East China’s Zhejiang province, offers a unique opportunity to world leaders to discuss and decide on a coordinated strategy to address the multiple challenges facing the world, such as the projected decline of world GDP growth to below the long-term average, slowing down of global trade and dwindling investment flows. Given that economic and geopolitical

Read more

G20 summit to offer huge opportunity for China, EU to initiate new growth approaches

GOVCN. BRUSSELS — The upcoming G20 summit will offer a huge opportunity for China and the European Union (EU) to initiate new growth approaches, experts from the European Institute for Asian Studies (EIAS) said. Against the backdrop of weak global economic recovery and multiple political uncertainties, leaders of the world’s 20 largest economies are scheduled to meet in China’s eastern city

Read more
« Older Entries