President Xi Jinping on Thursday wrapped up his trip to Turkey and the Philippines after expounding China`s views and proposals on world economy and Asia-Pacific development at two multilateral summits.
The global economy is showing "signs of exhaustion" and the best way to reinvigorate growth would be to apply China`s proposal at the G20, which gives priority innovation and development within an open economy, a Mexican economist told Xinhua on Thursday.
As President Xi heads back to Beijing, Chinese Foreign Minister Wang Yi has briefed the media on the Chinese leader`s participation at the APEC meeting in the Philippines and, before that, at the G20 Summit in Turkey.
The activities and speeches of Chinese President Xi Jinping have attracted the attention of international communities. China`s active economic restructuring is correct and necessary, making a major contribution to world economy growth. To strengthen cooperation with China can generate quick and sustaining global economy recovery.
At the tenth summit of the Group of Twenty (G20) on Nov 15, Chinese President Xi Jinping pledged to implement the United Nations` sustainable development agenda for 2030. He said, "China will combine the UN`s 2030 agenda with Beijing`s ‘Thirteenth Five-year` plan(2016-2020)."
The 2015 Group of Twenty (G20) summit concluded in Antalya, Turkey on Nov 16, 2015. China will host the 2016 G20 summit in the eastern city of Hangzhou, the first time for China to host the summit.
It was also an occasion for bilateral meetings that proved fruitful. He met Russian counterpart Vladimir Putin on the sidelines, and they expressed a desire to further expand their cooperation in different fields.
The G20 is a main forum for global economic and financial cooperation that brings together the world`s major advanced and emerging economies, which represent around 85 percent of global GDP, 80 percent of world trade, and two-thirds of the world population.
The agenda for the G20, a group of the world’s largest economies including the United States, China, India, Russia and major EU members, has been expanding ever since the global financial crisis of 2008-09 when it emerged as the principal forum for dealing with global economic and financial issues.
China will host the 2016 Group of Twenty (G20) summit in the eastern city of Hangzhou, best known for its scenic West Lake, on Sept. 4-5, President Xi Jinping announced here Monday.
The world will be watching closely when China takes over the G20 presidency from Turkey on Dec 1. China is already in the global spotlight, but Beijing can expect heightened international scrutiny and interest in the year ahead.
Leaders of the G20 countries will gather in Antalya, Turkey, on Nov 15-16 for a high-profile meeting amid expectations that they will work out measures to promote global economic development.
The leaders of the Group of 20 (G20) are meeting in their 10th summit in Antalya, Turkey on Sunday and Monday, at a time when the world is facing a slowdown in both economic growth and trade seven years after a global financial crisis hit hard.
UN Secretary-General Ban Ki-moon will leave New York on Friday to participate in the summit of the world`s 20 largest economies in Antalya, Turkey, UN spokesman Stephane Dujarric told reporters here Wednesday.
Global growth will dominate the agenda when leaders of 20 major world economies (G20) gather in Turkey`s southwestern seaside city of Antalya on Sunday and Monday for their 10th summit.
Chinese President Xi Jinping will fly to Antalya, Turkey to attend the G20 summit from Nov. 14 to 16 and then fly to Manila to attend the Asia-Pacific Economic Cooperation (APEC) Economic Leaders` Meeting from Nov. 17 to 19 to promote global economic cooperation and cooperation in the Asia-Pacific region, according to a press briefing held here on Tuesday.
Brazil`s ambassador to the Group of 20 (G20) said here Tuesday that his country will ask developed countries not to raise agricultural subsidies due to the fall of prices for raw materials.
U.S. President Barack Obama is expected to discuss the fight against the Islamic State (IS) militant group with U.S. allies during an upcoming summit of Group of 20 economies, the White House said on Tuesday.
Cross-border investment is an increasingly important part of the global economy. In the last two decades, foreign direct investment (FDI) inflow has grown from about 10 percent to 35 percent of the global GDP (see Figure 1). However, the governance of international investment remains highly fragmented and contested.
The international monetary system must be realigned to reflect today’s less Western-centric global economy, argues Wang Wen, Executive Dean of Chongyang Institute for Financial Studies at Renmin University of China.