The G-20`s finance ministers and central bank governors have pledged to take decisive action to keep economic recovery on track. The promise was made in a communique adopted at the end of a two-day meeting in Ankara, Turkey, on Saturday.
As the host country of the 2016 G20 Summit, China has already started preparatory work. What are the expectations? What kinds of changes are likely to take place to the global economy in the following year? The 2015 G20 Think Tank Summit: Global Governance and Open Economy hosted by Renmin University of China over the weekend invited a number of international experts to discuss these issues.
The ninth G20 summit concluded its two-day meeting in Brisbane, Australia Sunday. Sustaining growth, creating jobs, promoting development and buoying confidence were the central task of the gathering, attended by government heads from 20 countries.
The ninth G20 summit concluded its two-day meeting in Brisbane, Australia Sunday. Sustaining growth, creating jobs, promoting development and buoying confidence were the central task of the gathering, attended by government heads from 20 countries.
A few months ahead of the G20 summit in Brisbane, representatives of think tanks based in each of the G20 countries met on 3 and 4 September in Beijing for the "Great Comprehensive Growth International Finance and Global Think Tank Summit". The purpose of this conference was to gain a better understanding of the topic at issue and draw a set of policy recommendations to put global economy back on track.
China and the United States, the two largest world powers, should stand side by side to face global issues such as climate change, former U.S. president Jimmy Carter said yesterday at a forum in Beijing.
As the G20 Summit is gradually losing its charm for most developed countries, China is expected to shoulder accountability by hosting a 2016 summit to revive its influence, said Pang Zhongying, professor of International Politics at the International Relations School of Renmin University in Beijing.
China`s think tanks, which have received little exposure in the past, have recently enjoyed significant attention from the media and policy makers, although they still have a way to go before they become influential on the global stage. At the end of June, the Chongyang Institute for Financial Studies, Renmin University held a think tank forum themed "The Silk Road Economic Belt Construction and Future" in Beijing.
The joint statement by Chinese President Xi Jinping and his French counterpart François Hollande on March 26 outlined both countries’ future comprehensive strategic partnership as a period of close and long-term development. In the statement, France showed its expectation that China should host its first G20 summit as soon as possible.