Expectations are high on world leaders at the upcoming G20 summit to lay the path to strong, sustainable and balanced growth, or risk further global fragility.
Liu Zhiqin was interviewed by CCTV China 24 about trade and SME.
Liu Zhiqin, a senior fellow at the Chongyang Institute for Financial Studies of Renmin University of China, was interviewed by CCTV Global business programme on G20 and current economic condition.
Hosting the Olympic Games in Brazil is a test not only for the country, but the games itself and of the vast audience. But what embodies the full significance of five interlaced Olympic rings is that Olympic Games can be a success in both meticulous countries like China and relaxed ones such as Brazil.
Both government and private sector must help China overcome difficulties, especially requirements for successful reform
The Chinese economy is no longer the major global concern it was at the beginning of the year, thanks to steady growth and rising consumption.
China`s debt issue is becoming more of an international concern in recent years, as some international agencies believe that China`s debt burden is too heavy, and could possibly trigger a debt crisis. We don`t deny that challenges remain in China`s economy, but we caution easy conclusions asserting an impending crisis.
During this year`s Strategic and Economic Dialogue, given the enormous responsibility shouldered by China and the US in promoting the global economy, the two countries need to display their political resolve to oppose trade protectionism, and work jointly to uphold an open and inclusive global trade regime.
No matter how it is defined, the psychology behind these statements is a desire to avoid taking sides between China and the United States, showing the reality of a fundamental global consensus on peace and wide-spread anxiety toward the potential for conflict in the South China Sea.
The 2016 G20 summit which will convene on September 4, in Hangzhou, capital of East China`s Zhejiang Province, is arguably an event of great magnitude for China to present its leadership role in global affairs.
The Group of 20 (G20) 2016 summit will be held in September in Hangzhou, East China`s Zhejiang Province. At a time of global economic downturn, rising international geopolitical conflicts and frequent crises, whether the summit can be a success is a concern not only for international relations circles, but people who care about China`s development.
China and the US indeed have large space to avoid confrontation and expand cooperation, but this depends on high-quality strategic communication. Now it is a critical juncture where Beijing and Washington must show strategic restraint to each other.
The system is designed to monitor the enemy`s ballistic missiles, in order to intercept and shoot down missiles. THAAD is only a defense system, but in war, the best offense needs the best defense behind it.
Tension in the South China Sea does not necessarily mean an impasse. If think tanks and political circles of both China and the United States could realize the importance of disparities management and control, frank strategic dialogues, prudent thinking, and consensus seeking, along with the proceeding of substantial academic exchange, would have a positive effect on the South China Sea tensions and U.S.-China relationship.
The China-Japan-South Korea trilateral free trade talks have shown signs of critical progress, laying the groundwork for the creation of a common market between the three pivotal Asian economies.
Strengthened communication and common interests contribute to fostering a sound partnership between China and the European Union, according to scholars and experts attending an event dubbed the Belt & Road Initiative and EU-China Partnership, in Beijing on Saturday.
The international community has been looking for a new engine to accelerate economic development, which is why many countries have pinned their hopes on this year`s Asia-Europe Meeting, which takes place on July 15 and 16 in the People`s Republic of Mongolia.
On July 12, the Permanent Court of Arbitration in The Hague issued a pre-arranged declaration supporting some Philippines claims against China in the South China Sea – despite such a declaration being clearly contrary to international law.
China views the Arbitral Tribunal as wrongly conceived, lacking jurisdiction to rule on territorial matters. But it remains open to negotiations.
Growing public participation in government decision-making is a significant symbol of the rise of Asian countries. It is also a prominent feature of all emerging economies. The will of the people has become a necessary part of the process of government policymaking.