This year's G20 summit arrives at a time of both good and bad news concerning the present global economic situation.
The good news is that all G20 members are expected to achieve this year positive economic growth for the first time since the 2008 global financial crisis. The bad news is that global economy still lacks impetus for a robust recovery, and that is coupled with rising protectionism, as well as increasing geopolitical risks and policy uncertainties.
As global governance is facing a critical choice of openness or isolation, the message set to emerge from the Hamburg summit has caught the attention of the international community.
In their telephone conversation this March, Xi told Merkel that his country is willing to work with Germany to ensure the Hamburg summit, just like the Hangzhou summit held in China last year, sends out a clear and positive signal for stronger global economic cooperation and governance.
At the summit, Xi is expected to call for strong, sustainable, balanced and inclusive growth of the world economy.
On the sidelines of the meeting, the Chinese leader will host an informal meeting of the leaders of the BRICS countries, and hold meetings with leaders of a number of nations.
Last year at the G20 Hangzhou summit, Xi proposed building an "innovative, invigorated, interconnected and inclusive world economy," while the participants have reached important consensus on ways to boost global economic growth that stress long-term views, greater openness, and inclusive development.
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2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15