China continues to contribute to global growth
With the G20 Leaders' Summit to be held in Hangzhou, East China's Zhejiang province, on Sept 4-5, the city has come under the spotlight of the world media. But since the G20 summit is being held in the shadow of the global economic downturn, will the annual meeting lead the global governance and global economic recovery? How can China as the host better play the role of a responsible power?
The G20 members agree that economic cooperation, in "the spirit of win-win partnership", is the way forward, and their shared aim is to build "an innovative, invigorated, interconnected and inclusive global economy".
Given these facts, the G20 needs to find innovative ways to boost global economic growth, and reform the global economic and financial governance system to make it more resilient to possible risks and give developing countries greater say. Besides, the economic bloc should also propel international trade and investment to support sustainable growth. The common purpose of its members should be to realize the UN Sustainable Development Goals by 2030 through win-win partnership.