Firstly, we should stay committed to building an open global economy. This commitment of the G20 to build open economies saw us through the global financial crisis, and this commitment is vital to reenergizing the global economy. Various international organizations have revised upward forecast for this year's global growth, mainly because of a projected 2.4 percent growth for global trade and 5 percent growth for global investment. We must remain committed to openness and mutual benefit for all so as to increase the size of the global economic "pie". As the world's major economies, we should and must lead the way, support the multilateral trading system, observe the jointly established rules and, through consultation, seek all-win solutions to common challenges we face.
Secondly, we should foster new sources of growth for the global economy. Innovation, more than anything else, is such a new source of growth. Research shows that 95 percent of the world's businesses are now closely linked with the Internet, and the global economy is transitioning toward a digital economy. This means we should boost cooperation in digital economy and the new industrial revolution and jointly develop new technologies, new industries, new business models and new products. Another source of growth derives from making greater efforts to address the issue of development and implement the 2030 Agenda for Sustainable Development, and such efforts will both benefit developing countries and generate business and investment opportunities for developed countries. In other words, this will be a win-win game for all. At the Hangzhou Summit last year, we reached important consensus on innovation and development. This momentum of cooperation created has been sustained this year under the German chairmanship of G20. Going forward, we should see that more substantial and concrete outcomes are delivered.
【国内英语资讯:Full text of Chinese President Xis speech at G20 Hamburg Summit】相关文章:
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