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well erode the right direction & # 39; the world economy, Xi Jinping put forward four & # 39; insistenzi – News – Global IC Trading Started Here – ICEach.com



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All parties should strengthen unity and strengthen cooperation in the coordination of macroeconomic policies, structural reform, the implementation of the sustainable development agenda for 2030, infrastructure construction etc. Further improvement of global economic governance and joint promotion & # 39; developing strong, sustainable, balanced and inclusive & # 39; the world economy.

Xi Jinping Attends the Thirteenth Summit of G20 Leaders giving Important Speech

The G20 should adhere to the principles of & # 39; open cooperation, partnership, innovation and mutual benefit, and take a responsible attitude to seize the direction of & # 39; the world economy. –Xi Jinping

On 30 & # 39; in November, local time, the Thirteenth Summit of G20 leaders made in & # 39; Bus Buenos Aires, Argentina. The President Xi Jinping attended the first phase of the conference and an important speech entitled "The Climb to High and Good Direction of the World Economy." This is a photo & # 39; Xi Jinping and other leaders. News Xinhua reporter Li Tao / photo

In thirty local time, the Thirteenth Summit of G20 leaders made in & # 39; Bus Buenos Aires, Argentina. The President Xi Jinping attended the first phase of the conference and an important speech entitled "Release the Foreground and well-Banking the direction the Law of the World Economy", and stressed that the G20 should accede to open cooperation, spirit & # 39; membership, leading innovation and mutual benefit. The responsible attitude to grasp the general direction of & # 39; the world economy.

Xi Jinping proposed four & # 39; insistence

Xi Jinping stressed that the common need to maintain the stable development of & # 39; the world economy created the G20. In the past 10 years, we have worked together in the same boat and have come to bring & # 39; forward the world economy out of recession and going on the road & # 39; recovery and growth. After 10 years, we should show courage and show our strategic vision to lead the global economy along the right track.

First, adhere to open cooperation and maintain the multilateral trading system. We firmly maintain free trade and the multilateral trading system based on rules. China is in favor of reforms needed to make the World Trade Organization. The key is to maintain the basic values ​​and basic principles of the World Trade Organization, such as openness, inclusiveness and non-discrimination and to safeguard the development rights and policy space for developing countries . We keep extensive consultations between the parties and advance b & # 39; sequential mode.

Second, follow the spirit of & # 39; partnership and strengthen coordination of macroeconomic policy. All parties must respect the tools & # 39; policy "in three & # 39; one" of & # 39; fiscal, monetary and structural policies, and strive to promote strong growth, balanced, sustainable and inclusive world economy. In adopting & # 39; monetary and fiscal policies, advanced economies should pay more attention and strive to lessen the impact on emerging market and developing countries. The international monetary system should continue to move towards diversification and build a global financial safety net more b & # 39; her health.

Third, persist in innovation and lead the way to exploit the momentum of economic growth. We must encourage innovation, promote deeper integration of the digital economy and the real economy, give attention to risk challenges brought about by the application & # 39; new technologies, enhance the system and legal system and give importance to education and job training. We draw on our own development and opening our doors to encourage the spread of & # 39; new technologies and new knowledge to innovation can & # 39; benefit more countries and people. It is recommended that the G20 studying "the new application of technology and its impact" as a key task and explore with & # 39; seriously the ideas and initiatives of & # 39; cooperation.

Fourth & # 39 ;, adhere to the benefits of & # 39; mutual benefit and promote global inclusive development. We need to view & # 39; development focused on people and take into account people's sense of & # 39; acquisition, happiness and security as the starting point and basis of work. We continue to put issues & # 39; development in the forefront of coordinating global macroeconomic policy and implement the 2030 Agenda for Sustainable Development. We look to the interests of development and space developing countries, continue to support the development of Africa, to help Africa strengthen the construction and infrastructure interconnection and promote the process & # 39; new industrialization.

Xi Jinping pointed out that this year marks the 40th anniversary of reform and opening up of China. Over the past 40 years, with the support of the international community, the Chinese people made gains of & # 39; historical development through & # 39; relentless fight. As a benefit of the reform and opening up, China will improve with a new round strength & # 39; reform and opening up, further enhance the to market-oriented reforms, protect property rights and rights & # 39; intellectual property, encourage fair competition and expand b & # 39; actively imports. China hopes that all countries together to create international economic environment b & # 39; none, open, inclusive and orderly.

equitable and sustainable future

Many leaders said that currently, although the world economy b & # 39; generally keeps growing, the growth rate is declining, protectionism and unilateralism are rising and the world economy faces greater risks. All parties should strengthen unity and strengthen cooperation in the coordination of macroeconomic policies, structural reform, the implementation of the sustainable development agenda for 2030, infrastructure construction etc. Further improvement of global economic governance and joint promotion & # 39; developing strong, sustainable, balanced and inclusive & # 39; the world economy.

In the discussion on the topic & # 39; "fair and sustainable future", Xi Jinping stressed that the G20 economic scale exceed 80% of the total world economy. Unless every member of our economy maintains stability and growth, stability and growth of the world economy are guaranteed. We need positive energy for the world economy, reducing the negative side effects of macroeconomic policies, and we can make a virtuous circle & # 39; common development. The position of China to safeguard its rights and legitimate interests, reasonable requests, and justice and international justice is sound. At the same time, we are also willing to strengthen cooperation with all parties b & # 39; constructive way and negotiate differences. I believe that unless you forward the spirit of & # 39; membership, negotiate at the same level, and mutual understanding and mutual accommodation, there are no problems that can not be solved, and are sure to find a satisfactory answer.

Xinhua News Agency reporter Chen Wei Wei Luo Zheng Xiaoyu

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