G20 Summit laid solid foundations

The proposals from this year's G20 Summit have laid a solid foundation and support sustainable global economic growth, according to Finance Minister Lou Jiwei.

He urged G20 members to keep strengthening coordination in macroeconomic policy to implement the consensus reached at the Hangzhou summit in September, which he described as "a complete success".

Lou made the remarks last week at a meeting for G20 finance ministers and central bank governors in Washington, where talks covered the challenges facing global economic growth, including money laundering and tax avoidance.