Business / Hangzhou G20

What's being said about upcoming G20 summit?

(Xinhua) Updated: 2016-08-29 10:46

BEIJING - With only one week to go before the 2016 Group of 20 (G20) summit kicks off, world media have been drawing a lot of attention to the event and multilateral activities on the sidelines of the summit.

During the G20 Hangzhou summit, how to invigorate the development of the world economy and boost global trade and investment will top the world leaders' discussion agenda.

The New York-based Fortune released an online video interview earlier this week, showing how Jack Ma, founder and chairman of China's e-commerce giant Alibaba, views globalization.

"Globalization is a great thing for the world, the only thing is, how we can improve globalization, to enable more small businesses, more young people, to get involved," said Ma.

In the interview, Ma suggested an electronic world trade platform (e-WTP) be set up, which would help private sector enterprises grow their global trade.

Reuters on Friday reported on China's advice regarding Japan's role at the upcoming G20 summit, citing Chinese State Councilor Yang Jiechi's words to a visiting Japanese envoy that Japan should "play a constructive role."

The report pointed out that China-Japan ties have been overshadowed by various problems, and cited Yang as saying that problems related to the East China Sea and the South China Sea are "in the interests of neither side."

Russia's news broadcast service Sputnik said that Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan agreed to hold a meeting during the Hangzhou summit, amid the two countries' efforts to mend bilateral relations.

India's New Delhi Television focused on the leaders who will attend the event in a Thursday report, saying that the maximum number of developing countries in G20 history has been invited to the Hangzhou summit.

Kazakhstan's The Astana Times published an opinion piece on Friday titled "What will be discussed by G20 in 2016."

The author, who is a research fellow at Kazakhstan Institute for Strategic Studies under the President of Kazakhstan, believed that the G20 is the most important mechanism for solving global economic problems, and said that the summit is taking place in China "during big economic challenges."

"It is expected that the second largest economy of the world can help develop a road map which can help find ways to overcome world economic problems," said the article.

The 11th G20 summit will be held from Sept. 4 to 5 in China's eastern city of Hangzhou, with China choosing "Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy" as the theme of the Hangzhou summit.

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