国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Hangzhou G20

Key areas for G20 economic reforms promoted

By CAI XIAO (China Daily) Updated: 2016-08-29 02:54

China is promoting priority areas and guiding principles designed for structural reform of G20 members, according to Finance Minister Lou Jiwei.

This is vital for achieving the goal of raising the G20's GDP by at least 2 percent by 2018, the minister said.

Lou said G20 finance ministers and central bank governors are also pushing forward organizational reform of the International Monetary Fund and the World Bank. They have reached a consensus on global cooperation.

"Global economic growth continues to be slow, and policymakers have realized that short-term stimulus does not work well and that structural reform can play an important role," Lou said.

Speaking in Beijing on Friday, he said deepening structural reform can improve productivity and potential growth, driving medium- and long-term growth of the global economy.

"We have confirmed nine priority areas and 48 guiding principles for G20 structural reforms through this year's finance meetings, which will be important for achieving the G20 GDP goal set in Brisbane."

G20 leaders set the goal of lifting GDP by at least 2 percent by 2018 in the Australian city two years ago.

China took over the G20 presidency on Dec 1.

Lou said G20 finance ministers and central bank governors are also perfecting global economic governance to enhance economic vitality such as by pushing forward organizational reform of the IMF and the World Bank.

"Although there are some voices going against the tide of globalization, G20 finance ministers and central bank governors have reached a consensus on global cooperation," Lou said.

He said they have promised they will use all policy tools — monetary, fiscal and structural — individually and collectively to respond to risks, boost confidence and strengthen economic growth.

They also reaffirmed that they will refrain from competitive devaluations, resist all forms of protectionism, consult closely on exchange markets, and prepare well for potential risks caused by Brexit, the refugee problem and terrorism, Lou said.

Zhou Xiaochuan, governor of the People's Bank of China, said last month that the G20 should remain committed to building an open, strong and resilient financial system.

Lou said China's economy is still the "driver" and "anchor" of the global economy.

"In 2015, China contributed roughly 30 percent to global economic growth, and the contribution rate is expected to remain at a relatively high level this year," he said.

The G20 Leaders Summit will be held in Hangzhou, Zhejiang province, on Sept 4 and 5.

Hot Topics

Editor's Picks
...
卢湾区| 车致| 汉川市| 荣成市| 临汾市| 元阳县| 芜湖县| 旬邑县| 延寿县| 潼南县| 法库县| 三门峡市| 高阳县| 阳江市| 元朗区| 上高县| 金川县| 马边| 云和县| 甘洛县| 岳普湖县| 炎陵县| 稻城县| 巩留县| 曲阳县| 南京市| 石城县| 汕尾市| 丹棱县| 城固县| 南投县| 武邑县| 奉贤区| 伊春市| 莆田市| 山东省| 栖霞市| 金溪县| 固镇县| 龙江县| 阜城县|