Key areas for G20 economic reforms promoted

China is promoting priority areas and guiding principles designed for structural reform of G20 members, according to Finance Minister Lou Jiwei.

This is vital for achieving the goal of raising the G20's GDP by at least 2 percent by 2018, the minister said.

Lou said G20 finance ministers and central bank governors are also pushing forward organizational reform of the International Monetary Fund and the World Bank. They have reached a consensus on global cooperation.