BEIJING, Nov. 29, 2018 /PRNewswire/ -- A news report by China.org.cn on the 13th G20 summit in Buenos Aires:
The 13th G20 summit is being held in Buenos Aires, capital of Argentina, from Nov. 30 to Dec. 1, the first time for a South American country to host it.
Over the past decade, the G20 summit has developed from an emergency mechanism to cope with financial crisis to an important platform for global governance especially in the financial and economic sectors. The countries involved coordinate with each other in making macro-economic and financial policies, and heading off protectionism in trade and investment.
As the world's second-largest economy, the largest trader in goods, and one of the fastest-growing economies in the world, China is playing an important role for the effective functioning of the G20.
At the G20 summit held in Hangzhou, China in 2016, China proposed "building an innovative, invigorated, interconnected and inclusive world economy" and contributed Chinese concepts and wisdom to the world's sustainable development.
The G20 summits over the past decade have shared inter-related themes: promoting balanced and sustainable growth of the world economy, with the host country proposing specific subjects for each summit according to the practical situations.
Argentina has proposed three themes: employment, infrastructure construction for economic growth and sustainable development of the grain industry.
There are some new circumstances arising in the current international economic situation. In some countries, particularly some developed countries, trends towards populism, unilateralism and anti-globalization have emerged.
The United Kingdom and the European Union have been embroiled in seemingly endless negotiations known as Brexit; the United States and the EU have not resolved their trade disputes through repeated rounds of negotiations; The U.S. has provoked trade conflicts with China; due to divergence on some important issues related to trade and investment, the APEC summit in Papua New Guinea failed to produce a joint declaration, and so on. The G20 summit is an arena for the struggle between multilateralism and unilateralism, as well as international cooperation and protectionism. It thus attracts wide attention.
On the sidelines of the summit, President Xi Jinping will meet with American President Donald Trump. It is already a habit for the leaders of China and the U.S. to take the opportunity of an international conference to hold a meeting. However, this year is different, as trade frictions are seriously affecting Sino-American ties. During a phone call in early November, the two leaders expressed their common wish of maintaining stable and healthy development of bilateral relations, and expanding their economic and trade cooperation. We hope their meeting this time can deliver positive results.
China Mosaic
http://www.china.org.cn/video/node_7230027.htm
G20 summit: Anticipation and challenge
http://www.china.org.cn/video/2018-11/29/content_74221306.htm
About China.org.cn
Founded in 2000, China Internet Information Center (China.org.cn/China.com.cn) is a key state news website under the auspices of the State Council Information Office, and is managed by China International Publishing Group. We provide round-the-clock news service in ten languages. With users from more than 200 countries and regions, we have become China's leading multi-lingual news outlet introducing the country to the outside world.
We are one of the country's authoritative outlets for government press releases and are authorized to cover various major events. "Live Webcast" is our online webcasting service to present State Council Information Office press conferences in both Chinese and English languages. We are reputed for timely and accurate delivery of news and information, and wide interactions with audiences. In addition, we are authorized to publish and live broadcast major events and press conferences of ministries, local government agencies and institutions as well as enterprises.
In the era of mobile internet, we endeavor to create an array of products for mobile devices headed by the multilingual WAP platform and the mobile APP. We also use Chinese and international social media to publish information for different user groups.
In the future, CIIC will continue to offer authoritative information about China, tell China's stories, voice China's opinions, and introduce a vivid, panoramic and multicultural China to the world through multi-language, multi-media and multi-platforms.
SOURCE China.org.cn
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