Openness

G20 members are determined to revitalize international trade and investment as key engines of growth and build an open world economy.

"We agree to fully leverage the role of the Trade Ministers' Meeting and the Trade and Investment Working Group," President Xi Jinping said. "We have worked out the G20 Strategy for Global Trade Growth to promote the inclusive and coordinated development of global value chains, provide continued support for the multilateral trading system, and reiterate the commitment to reject protectionism, in a joint endeavor to unlock the potential of global trade cooperation and reverse the decline of global trade growth." G20 members have formulated the G20 Guiding Principles for Global Investment Policymaking, which lays out the first global framework of multilateral rules governing international investment. With these common efforts, G20 members have reasons to look forward to renewed vitality of the world economy and continued robust advancement of economic globalization driven by strong international trade and investment.

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