Cutting poverty will 'promote global goals'

The government aims to continue reducing poverty in China and promoting global development to achieve new United Nations development targets starting next year, Vice-Premier Liu Yandong told the opening ceremony of a summit in Beijing on Friday.

"To promote economic recovery and sustainable development is the dual task of all developed and developing countries, and cooperation among countries is the foundation of ensuring the balanced growth of the economy, society and the environment," said Liu at the Fourth Global Think Tank Summit.

Liu said that the global economy is still recovering after the financial crisis of 2008, and she added that it is important to uphold multilateral trade and investment agreements, develop the global market and avoid protectionism.