This year’s G20 summit is being hosted in Hangzhou under China’s leadership. This meeting is being held with the backdrop of Brexit and the emergence of Trump’s leadership in the USA. These two are important in the context of Western leadership moving towards the agenda of nationalism and possible protectionism.
Several important meetings and dialogues have already been held, as leaders from across the world join Chinese President Xi Jinping in seeking solutions and breakthroughs to crucial issues such as spurring global economic growth, strengthening international economic cooperation and building a new scheme of economic governance against the background of slowing world growth.
The G20 Hangzhou Summit may be a milestone for the world economy and the G20 agenda. To understand the significance of the G20, think in terms of four: four imbalances, four highlights, and four future steps.
There is little doubt that Hangzhou city this weekend will be a very nice place to visit. After more than a year’s hard work in preparation, Hangzhou will welcome world leaders for a G20 gathering to talk about pressing global issues, including global imbalances, climate change, the refugee crisis, and sovereignty. China, as the host of the G20, will seek to demonstrate its global leadership at a time of global uncertainties.
China and the US finally inked their commitment to global climate governance on the eve of the theatrical G20 Summit. The two biggest emitters of greenhouse gases have both formally joined the Paris global climate agreement, which was approved last December. By taking the lead in this regard, Chinese President Xi Jinping said both countries have showed their "ambition and determination to jointly tackle a global challenge."
Chen Xiaochen, Deputy Director of the International Studies Department at the Chongyang Institute for Financial Studies of Renmin University of China, was interviewed by CCTV on innovative growth-one key theme of G20 on Sep.4th.
Wang Wen, Executive Dean of Chingyang Institute for Financial Studies at Renmin University of China, talked about G20 Summit`s achievements this year at the studio interview of CCTV on Sep.4th.
It is widely assumed that China’s growing economic strength will translate into political influence. The Chinese government is becoming much more confident about taking an active role in global governance and the G20 is the best platform provided for China to deepen its involvement in global economic governance.
The Group of 20 (G20) leaders` summit taking place in Hangzhou Sept. 4-5 will be essential in building a consensus on the international financial system, according to experts giving their views ahead of the meeting.
As state leaders of the G20 member countries fly into China`s eastern city of Hangzhou to attend a summit meeting this weekend, an Australian economist is urging world leaders to take concrete actions to tackle trade protectionism.
Wang Wen, executive dean of the Chongyang Institute for Financial Studies of Renmin University of China, was interviewed by CCTV Dialogue program on G20 Summit and think tank on Sep.2nd.
In 2016, T20 held ten conferences to discuss about “Innovative”, “Invigorated”, “Interconnected”, and “Inclusive”, and provide related policy suggestions to G20 to help and ensure 2016 G20 Hangzhou Summit fully deliver and implement its developing policy measures and G20 growth agenda.
Liu Zhiqin, a senior fellow at the Chongyang Institute for Financial Studies of Renmin University of China, was interviewed by CCTV Global business program on G20 Summit on Aug.31st.
The upcoming G20 summit is a platform for China to play a steering role in seeking global cooperation, addressing international financial and economic issues, and supporting less-developed countries, Lao President Bounnhang Vorachit said on Thursday.
When the Group of 20 (G20) leaders gather in China seeking a remedy for sluggish global economic growth, something equally consequential will also be on the table: revamping global economic governance.
For global governance, the Hangzhou Summit marks the transition from a strategy of pursing steady growth to one that promotes development. The goal of strong, sustainable and balanced growth has long been at the top of the G20’s agenda, but realizing this task requires the mass mobilization of political resources.
Given the tight interdependence between economies, experts say, such differences in their needs and concerns demand that closer international coordination be carried out to guarantee sustainable global development.
Globalization now seems to have its best days in the rearview mirror, with voices of frustration having kept gaining volume against the backdrop of a worldwide slow-growth rut.