Liu Zhiqin was interviewed by CCTV Global business program on stock connection and consumer confidence on Aug.17th.
Beijing ready to offer its ideas on global economy, puts green financing on agenda.
Global spotlight is now on China, host of this year G20 summit that will kick off soon in early September. One of the 10 results that China is trying to achieve, together with various parties, is to initiate a three-pronged approach to international anticorruption cooperation. This, if realized, would mean a golden opportunity for China to participate in the top-level design of global anti-graft governance.
With the upcoming G20 summit in Hangzhou, the US and China, the two biggest economies in the world, should work together against trade protectionism and make their due contributions to the growth of world trade and economy as well as the sustainable growth of their own.
China, as the G20 chair, has made a rather bold statement that the reach of the G20 should extend beyond its members to include the developing world, which reflects its holistic approach to development. China`s cooperation initiative in Africa to support the industrialization of the continent`s countries is a very important move.
As Chinese enterprises began to construct railways, roads, and bridges, and set up steel, garment and chip factories in Africa, and when Chinese textile workers taught local African workers how to use sewing machines, Chinese values have gradually permeated in Africa. The differences of the two systems have resulted in deep thought.
When hosting the forthcoming 11th G20 Leaders Summit, China will offer the country`s ideas on how to tackle the world`s lingering economic problems and rising protectionism, experts said.
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.