NGOs act as bridge between governments and market players

Designed to build a sustainable, steady global economic order, the Group 20 is playing an increasingly important role in global governance, as are many non-governmental organizations, which range from chambers of commerce to think tanks.

The latter, in particular, are expected to contribute more to the world economy that is painstakingly recovering from the financial crisis of 2008 and the European Union's sovereign debt crisis. That the United Kingdom voted to relinquish its European Union membership last month has dealt an even bigger blow to the already slow global recovery.

As history has repeatedly proved, innovation-driven development is the key to putting global growth back on the right track. It requires governments to create an innovation-friendly environment for NGOs, which in turn, need to make the most of their potential by implementing tailored innovative strategies. That is exactly what the Chinese government is trying to achieve in the nationwide promotion of mass innovation and entrepreneurship.