Broad consensus on framework to assess structural improvements, but differences remain between US and China
G20 finance leaders on Sunday reiterated their determination to use all policy tools -- monetary, fiscal and structural -- to foster confidence and support growth.
The employment task force of the Business 20 summit will urge G20 leaders to set up a fund for creative activities to accelerate the pace of transferring research and development achievements into new market growth points in September, said the task force's chairman.
The financing growth task force of the Business 20 summit will urge G20 leaders to improvesupervision of the financial sector, and promote inclusive and green financing to furtherprotect consumers' interests and seek more healthy growth, the task force's chairman said onMonday.
G20 economies agreed to improve global trade governance to arrest the slowdown of global trade growth, said a statement released Sunday after the two-day G20 Trade Ministers Meeting in Shanghai.
As the host of the September summit of the Group of 20 (G20) major economies, China has the opportunity to set the tone and agenda for the meeting and help all participants reach important consensus, a leading China expert in the United States has said.
More than 3,900 volunteers have been recruited for the upcoming G20 summit to be held in the eastern city of Hangzhou in September, officials said Wednesday.
Many developing nations hope China play a more important role in global governance, an Argentine economist has told Xinhua.
As the G7 summit concluded in Japan on Friday with little fanfare, the 100-day countdown to the G20 summit in China began.
Many developing nations hope China play a more important role in global governance, an Argentine economist has told Xinhua.
China's active participation in the G20 will make the world better off economically and financially, a Mexican expert said Tuesday.
As the 100-day countdown started Friday to the Group of 20 (G20) summit in China's eastern city of Hangzhou, expectations are running high that members of the bloc, representing the bulk of global trade and economic output, will make concerted efforts to address the various challenges facing the global economy.
A 100-day countdown for the Group of 20 (G20) 2016 summit was launched on Friday in Hangzhou, capital of east China's Zhejiang Province.
While there will be the old discussions about global economic growth at the Hangzhou G20 summit, China plans to mix things up a little by inviting representatives from more developing countries.
The Group of Twenty (G20) Summit should push forward change on income inequality, financial stability, climate change and migration, said an expert on global economics.
Russia believes the Group of Twenty (G20), composed of major advanced and emerging economies, is more influential than the Group of Eight (G8) which involves world leading industrial nations, the Kremlin said Monday.
Chinese Vice Premier Wang Yang held a telephone conversation Wednesday with U.S. Treasury Secretary Jacob Lew on the negotiations on the bilateral investment treaty and this year's Group of 20 (G20) summit in China.
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