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In face of the new challenges and opportunities, all countries should build consensus, strive to eliminate the aftereffects of the international financial crisis and achieve the new development goals of the 21st century industrial civilization.
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Under China’s initiative, the G20 Hangzhou Summit has, for the first time, drafted an action plan on implementing the UN 2030 Agenda for Sustainable Development.
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G20 to needs to achieve progress on reforming global energy governance if the commitments agreed at the 2015 United Nations Climate Change Conference in Paris are to be achieved.
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This year’s G20 Summit has again imprinted a “Chinese mark” on global governance. Restarting from Hangzhou with a partnership spirit of getting through thick and thin for win-win cooperation, a responsible China and its people with a global vision will better embrace the whole world.
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Chinese yuan will, as the fifth currency, be included into Special Drawing Rights (SDR) basket of the International Monetary Fund (IMF) along with the US dollar, the Euro, the Japanese yen and the British pound.
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Hamburg Summit should follow the footstep of Hangzhou Summit in inviting many developing countries. With China's experiences and support from the international community, I believe Hamburg will host a successful summit next year.
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China sincerely welcomes more involvement from en-route countries as well as other nations around the world in this initiative, he said, adding that since a “Chinese proposal” contains oriental wisdom, the initiative aims to bring the world common prosperity.
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Compared with the G8, which has been criticized as a “talk shop” by Western media, the G20 succeeded in offering crisis-response remedies after it was launched. However, the G20 is in danger of becoming a “talk shop” if the consensus reached during each summit cannot be implemented.
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Bengaluru, India
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The Hangzhou Summit fully demonstrates the pragmatic style of the Chinese people. In addition to the joint action of China and the US ratifying the Paris Agreement, its results also cover specific moves such as the establishment of a research center on international taxation policies as well as a G2
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By Li Ning from People's Daily G20 members should focus more on inclusive growth in order to ensure every country around the world benefits from economic globalization, EU Ambassador to China Hans Dietmar Schweisgut told the People’s Daily in a recent interview. Amid the sluggish recovery of
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In a major departure from the previous summits, the Chinese leadership chose an interesting four-fold theme of Innovative, Invigorated, Interconnected and Inclusive economy, what one might call the I4, which is quite appropriate for the current context of slow global recovery.