BEIJING - 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 the G20 presidency on Dec. 1, 2015, the country has hosted a series of high-level meetings to set the stage for the summit, which is scheduled for Sept. 4-5 in Hangzhou, the capital city of east China's Zhejiang Province.
PRO-GROWTH STRATEGIES
Over the past few months, several meetings of finance ministers and central bank governors have focused on concrete economic and financial problems, laying the foundation for a consensus to be reached at the leaders' summit.
Prior to the Hangzhou summit, three meetings of finance ministers and central bank governors and four meetings of finance and central bank deputies have been held to give advice and suggestions to promote global economic growth.
On July 23-24, G20 finance ministers and central bank governors met in Chengdu, in southwest China's Sichuan Province, and issued a statement on the global economic situation, saying they would use "all policy tools" at their disposal to boost confidence in the global economy and promote growth. (Xinhua)