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G20 should work together for growth

China Daily | Updated: 2015-11-17 07:55

In face of the slowest growth since the global financial crisis in 2008 and 2009, the G20 members must shoulder their collective responsibility to promote growth.

By calling for closer cooperation to address the immediate issue of stabilizing growth and providing momentum for long-term development, Chinese President Xi Jinping has pointed out the way for the G20 to exercise its leadership in shoring up global growth and generating more concrete beneficial outcomes.

The G20 economies account for about 85 percent of the global GDP, 80 percent of world trade, and two-thirds of the human population, and the group is now the main forum for promoting global economic and financial cooperation, having proved its capabilities with timely and effective collaboration to address the global financial crisis.

G20 should work together for growth

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