Focus On G20 Summit To Outline New Blueprint For Global Growth

The group of twenty business summit is an important platform for the international business community to participate in global economic governance and international economic and trade rules.

In 2016, the group of twenty business summit was held in Hangzhou in from September 3rd to 4th. More than 1100 businessmen and members from the group of twenty and distinguished guests attended the opening ceremony.

Can we avoid middle income trap?

At 3 p.m.,

He walked into the meeting with warm applause.

In his speech, Xi Jinping pointed out that as China's economic volume increased and its cooperation with the world deepened, China's economy was attracted to the outside world.

Many people are concerned about whether China's economy can achieve sustained and steady growth. Can China push the reform and opening up? Can China avoid being trapped in the "middle-income trap"?

Deeds speak louder than words.

China has answered these questions with practical actions.

At the beginning of this year, China promulgated the outline of the thirteenth five year plan for national economic and social development, focusing on the goal of building a moderately prosperous society in an all-round way, aiming at the outstanding problems of unbalanced development, uncoordinated and unsustainable development, stressed the need to firmly establish and resolutely implement the development concept of innovation, coordination, green, openness and sharing.

China today has stood at a new historical starting point.

This new starting point is a new starting point for China to comprehensively deepen reform and increase the new impetus for economic and social development. It is a new starting point for China to adapt itself to the new normal economic development and pform the mode of economic development. It is a new starting point for China to interact with the world and open up to the world in depth.

We have the confidence and ability to maintain rapid growth in the economy and continue to bring more opportunities to the world at the same time of achieving our own development.

B20 policy recommendations submitted to Xi Jinping

Xi Jinping pointed out that the summit of leaders of the group of twenty has been held for 10 sessions and is at key development nodes.

One of the objectives of hosting the Hangzhou summit is to push the group of twenty to achieve short-term and long-term policy.

From crisis response to long-term governance mechanism pformation, consolidate its position as an important platform for global economic governance.

Xi Jinping finally pointed out that the business sector is a new force to promote growth, and the group of twenty business people actively participated in the annual conference process and made a positive contribution to the Hangzhou summit.

I wish this business summit a complete success.

After the speech, in 2016, Jiang Zengwei, chairman of the group of twenty business summit and President of China Council for the promotion of international trade, submitted to Xi Jinping the 2016 B20 policy recommendations report.

The president of South Africa, Zuma, Canadian Prime Minister Trudeau and the heads of relevant international organizations attended the opening ceremony.

Not to create their own back garden.

Xi Jinping stressed that China's development benefits from the international community and is willing to provide more public products for the international community.

The new mechanism and initiative advocated by China is a useful complement to the existing international mechanism and the goal is to achieve win-win cooperation and common development.

The "one belt and one way" initiative aims at sharing China's development opportunities with other countries along the route and achieving common prosperity.

China's opening to the outside world is not to sing a one-man show, but to welcome all parties to participate. It is not to seek the sphere of influence, but to support the common development of all countries. It is not to create its own back garden, but to build a hundred flower garden shared by all countries.

Xi Jinping pointed out that facing the current

In the face of the complex situation and risks and challenges, China hopes to work with all parties to push forward the Hangzhou summit to prescribe a prescription for both comprehensive and effective measures to promote the world economy on a strong, sustainable, balanced and inclusive growth path.

The group of twenty should build an innovative world economy, open up the source of growth, build an open world economy, expand development space, build a linked world economy, unite and interact with each other, build a inclusive world economy, and lay a solid foundation for win-win progress.

Our goal is to let growth and development benefit all countries and peoples, and let every nation, especially the people of developing countries, get better every day.

Xi Jinping pointed out that according to relevant statistics, the Gini coefficient of the world has reached 0.7, which surpasses the recognized 0.6 "danger line", which must arouse our high attention.

Increase the voice of developing countries

Xi Jinping appealed to members of the group of twenty to take immediate action:

First, work together to maintain a peaceful and stable international environment.

All countries should establish a new concept of safety that is common, comprehensive, cooperative and sustainable.

Adhering to the purposes and principles of the UN Charter, upholding multilateralism, resolving disputes and differences through dialogue and consultation, and promoting the establishment of a more just and rational international order.

Second, we should work together to build a win-win global partnership.

Seeking common ground while reserving differences and assimilating differences should be treated equally among all countries, big or small, strong or weak, rich or poor. They should not only develop themselves well, but also help other countries to develop well.

We should strengthen communication and coordination on major global issues, establish and improve macroeconomic policy coordination mechanisms, strengthen pragmatic cooperation in various fields, and promote in-depth exchanges among people from different countries, cultures and historical backgrounds, and work together to build a community of human destiny.

Third, jointly improve global economic governance.

We must keep pace with the times, change from time to time, take equality as the foundation, better reflect the new realities of the world economic structure, increase the representativeness and voice of emerging market countries and developing countries, and ensure equal rights, equal opportunities and equal rules among countries in international economic cooperation.

Take openness as the orientation, cooperation as the driving force, and sharing as the goal.

Under the current circumstances, global economic governance should focus on building a fair and efficient global financial governance structure, maintaining the overall situation of world economic stability, building an open and pparent pattern of Global trade and investment governance, consolidating the multilateral trading system, releasing the potential of global economic and trade investment cooperation, building a green and low-carbon global energy governance structure, promoting global green development cooperation, and building a comprehensive and inclusive global development governance structure to implement the United Nations agenda for sustainable development in 2030 as a goal to jointly enhance the well-being of all mankind.