For the first time, green finance is included on the Group of 20 summit agenda thanks to the efforts, mainly from China, to make the financial sector contribute more to environmentally friendly economic growth around the globe.
The world economy has suffered eight years of crisis and it is of great importance that China, as rotating president of the Group of 20 (G20) major economies, has focused on growth recovery, said Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development (OECD).
As leaders of the Group of 20 (G20) economies, the premier platform for international economic cooperation, gather in the Chinese city of Hangzhou, it is time for them to declare a resounding "No" to growth-throttling trade protectionism.
The upcoming G20 summit in China should look for a coordinated approach to global growth to get the world economy moving forward, former British Prime Minister Gordon Brown has said.
Mexico's President Enrique Pena Nieto travels to China on Friday to take part in the "strategic" Group of 20 (G20) Summit to be held on Sept 4-5 in the city of Hangzhou, China.
As the scenic city of Hangzhou in eastern China gets itself ready for the G20 summit, the host country is poised to come up with solutions for a sluggish global economy.
China's experience in economic development embodies unique wisdom and the world is looking forward to learning from it during the upcoming G20 Summit in Hangzhou, Saudi Prince Turki bin Abdullah bin Abdulaziz Al-Saud told Xinhua here Thursday.
Earlier G20 summits has shown that China is a responsible player in global financial markets, a staunch supporter of free trade, and a champion for developing countries. Here is a glimpse of what China has said at the previous G20 summits:
The China-South Africa relationship is "in its best condition of all time" and is faced with an historic opportunity for development, President Xi Jinping said in a meeting with his South African counterpart Jacob Zuma on Saturday.
China and Argentina have achieved positive progress in areas including hydropower, nuclear power and football in the past five months since the last high-level meeting between the two countries, President Xi Jinping said on Saturday.
A non-profit organization in Brussels promoting bilateral digital and Internet cooperation says it has endorsed the proposal to establish an Electronic World Trading Platform (eWTP).
Zhejiang launched its official English language website and Facebook pages in late August, aimed at providing a window to the outside world for one of the most vibrant and diverse provinces in all of China.
The B20 strongly encourages the G20 leaders to implement existing and new commitments, specifically, structural reforms to build an innovative, invigorated, interconnected and inclusive global economy and to ensure strong, sustainable and balanced growth.
It is important to remove existing obstacles, such as trade protectionism and the frequently launched trade remedy measures, in international trade.
Developing a multilateral trading system, promoting green financing and creating a global electronic trade platform, known as the eWTP, are the main initiatives in the policy advice report that has been delivered to the G20 leaders ahead of their summit in Hangzhou on Sept 4 and 5, said Yu Ping, China's chief representative in the B20.
China, as chair of the G20, is hosting the G20 Leaders Summit for the first time. It is being held in Hangzhou, Zhejiang province, on Sept 4 and 5.
As the world looks to emerge from the shadow of the global financial crisis that erupted eight years ago, President Xi Jinping's speeches at the upcoming G20 Leaders Summit and the B20 Summit in Hangzhou are expected to propose long-term governance mechanisms and a number of new measures to promote trade, investment and innovation, said officials and business leaders of the B20.
The 11th G20 Summit, to be held in Hangzhou from Sept 4 to 5, will be attended by leaders from a number of countries and organizations. As the landmark occasion looms, we highlight their hopes regarding the summit and the opportunities it presents.
Friday marked the first day of President Xi Jinping's packed schedule of meetings with key figures arriving for the G20 Leaders Summit in Hangzhou, Zhejiang province.
Overcapacity is a global challenge that requires cooperation and coordination rather than finger pointing, a senior Chinese official said on Friday.
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