The world economy necessitates an upgrade of the world's premier platform of global economic governance -- the Group of 20 (G20).
U.S. Secretary of Treasury Jacob Lew said on Wednesday that China's current RMB exchange rate fluctuations reflect market forces, pointing to the G20 forums as important mechanism to foster global commitments.
The 11th G20 summit is set to convene in Hangzhou, East China's Zhejiang Province, on September 4-5. In order to host a successful summit, China has made thorough preparations. Since assuming the G20 presidency on December 1, the country has hosted a series of high-level meetings, where many valuable suggestions were made, laying a foundation for the success of the summit.
The upcoming Group of 20 (G20) summit in China will serve as a vital platform for reversing the trend of trade protectionism and giving new impetus to global trade growth, observers have said.
Many of the observers and business people are looking to the upcoming Group of 20 (G20) summit in the Chinese city of Hangzhou for potential opportunities, particularly those created by the global pursuit of sustainable and green growth.
With the 2016 Group of 20 (G20) summit 10 days away, world media continue to focus on major topics of the meeting, which aims at seeking new momentum to spur the global economy.
Chinese authorities are moving to set a tone of cooperation for the forthcoming G20 Leaders summit next month.
some half a month away, world media have been paying more attention to China's preparations for the summit and who will attend the gathering.
President Xi Jinping will attend and chair the G20 summit to be held in Hangzhou, Zhejiang province, from September 4 to 5, Foreign Ministry spokesman Lu Kang said on Monday.
Now is a crucial moment for the global economy in which China's leadership can make a difference, they believe.
As the annual Group of 20 (G20) summit draws closer, media across the world have paid more attentions to Beijing's role in supporting the growth of less developed economies.
Less than one month before the kickoff of a Group of 20 (G20) summit, G20 countries are envisioning global economic recovery through pro-growth strategies and innovation.
Less than one month before the kickoff of a Group of 20 (G20) summit, G20 countries are envisioning global economic recovery through pro-growth strategies and innovation.
Since China took over G20 presidency on Dec 1, 2015, several Chinese cities have hosted various meetings including G20 Finance Ministers and Central Bank Governors Meeting before the Hangzhou Summit to be held in September. Let us have a look.
The upcoming G20 summit in China in September is very important, and the most important objective that can be achieved is to try to understand China better and to understand the strategic choice of China, said Luigi Gambardella, president of ChinaEU.
Hangzhou resident Yang Chizhen does not speak a word of English, but has decided to spend the next month picking up some simple English phrases.
China will promote the G20 summit as an efficient platform for world governance including economic development, trade and investment, Turkish experts said on Monday.