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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperOpinion / Featured ContributorsEditorialsOp-EdColumnistsContributorsCartoonsSpecialsFrom the PressForum TrendsTalk from streetDebateEditors Pick:Syrian refugeescyberspaceV-Day paradeshrimp scandalTPPStrengthening global policy coordination to fuel economic growthBy Wu Zheyu (chinadaily.com.cn) Updated:2016-09-24 11:08Comments Print Mail Large Medium SmallZhu Guangyao, Chinas vice Finance Minister, Viviane Reding, the former Vice-president of the European Commission and Wang Wen, executive dean of Chongyang Institute for Financial Studies, Renmin University of China (RDCY), are responding to the medias questions during the forum. [Photo by Wu Zheyu/chinadaily.com.cn]Then he introduced two major milestones that were achieved during the G20 summit this year. First, the policy consensus of G20 has been unveiled for the first time in history: to pursue strong, sustainable, balanced and inclusive growth. Second, President Xi hopes to put forward Chinas blueprint for innovative growth along with an action plan to break new ground in global economic growth. Its the first time that China has ever delivered such a comprehensive version to the world. This unprecedented plan will help dig out economic growth potential and put the global economy back on a strong, sustainable growth track.Zhu stressed that: “The world is looking forward to the success of G20 summit, while the G20 countries are also expecting that all the economies could achieve their goals—especially for those less-developed ones, they need to catch up.”A report named “Global Macro-economic Policy Coordination in the New Era” was also issued during the forum. The research group behind this report was lead by RDCYs chief economist He Fan, who conducted the report with coordinated efforts with the National Development and Reform Commission (NDRC) and Chinese Academy of Social Sciences (CASS). It offers five policy suggestions: countries need to save enough space for domestic policies, encourage global public goods cooperation, allow benign competition on global economic reform, let professional international institutes play bigger role and strengthen cooperation between leading powers.During the guest speakers discussion, Zhou Qiangwu, director general of International Economics and Finance Institute, Ministry of Finance, highlighted a very special achievement of the G20 summit. This year China came up with the quantitative economic indicator system for structural reform, which is a huge step forward compared to a purely qualitative analysis of structural reform in previous G20 summits, which has overcome difficulties both technically and balancing conflicts of countries under different development stages.Andreas Esche, director of Program Shaping Sustainable Economies, Bertelsmann Foundation, expressed his views toward Chinas role in the G20 summit this year during interview with China Daily website: “I did really see Chinas shouldering a vital responsibility in accord with its growing importance in global community.”Previous Page 12Next PagePrevious Page 12Next Page0Related StoriesChina marks new path for global economy, politics at G20 summit: Mexican expertChinese presidency boosts G20 as possible new model of global governance: Italian expertsG20 state banquet chinaware available for pre-orderDigital billboards light up landscape during G20 SummitG20 consensus will boost world economyG20 to cooperate in fighting graftHangzhou confirms G20s global roleMost Viewed Todays Top NewsGive education its due in job marketTime for tears is past, its time for actionEnough reasons for Charity Law to succeedInvestor distrust leads to stock market slump over new listing ruleThe five major development conceptsForum TrendsCan China regain its status as the bicycle kingdom?Are you willing to give salary to your wife?Is teaching a poorly-paid profession?Will e-books replace paper books?Is acting an overpaid job?Is Chinas early education craze happening?Is homeschooling beneficial or detrimental to children?ColumnistsSnowden deserves not only pardon, but also the Nobel Peace PrizeChina, ASEAN must take their ties healthy momentum forwardFeatured ContributorsInvestor distrust leads to stock market slump over new listing ruleChinas humanitarian contribution to refugee crisisStar BloggersWhat we can learn about sustainable inclusion from Colombian coffee By Marcos Fava NevesColombian coffee has a story that I admire and use in my lectures and the reasons are the ones listed above. Congratulations!No students for class By Michael MurphyOne thing that foreigners are not used to in China is how quickly and dramatically a schedule can change.The killing of a Chinese man in Paris By ChevalerieDuring my last visit to Paris, the killing of a Chinese man moved me a lot. Chaolin Zhang was a dressmaker, a man like many others, hard-working, good father and happy to live on Earth. In honor of his memory, this is the context surrounding his death.SpecialAcorss Loulan: an internet cultural journey into amazing Xinjiang2016 retrace the Long March route in GuizhouFive guidelines for foreigners seeking job…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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