China’s New Approach for G20 to Promote Global Cooperation

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China’s New Approach for G20 to Promote Global Cooperation

Auf Wiedersehen in Hamburg: Angela Merkel and Chinese President Xi Jinping during last year's G20 Summit in Hangzhou, China. Source: Bernd von Jutrczenka / DPA

Articolo tratto da Beijing Review

As one of two major platforms in the world, the Belt and Road Initiative proposed by China is expected to facilitate G20 summit in propelling the world economic development.

Heads of state and government are gathering on July 7 and 8 in Hamburg, Germany, to discuss improvement of global governance at the G20 summit, which focuses on economic growth, international trade and financial market regulations.

China successfully held the G20 Hangzhou Summit in 2016 and in May this year the country launched the Belt and Road Forum for International Cooperation in Beijing.

The forum injected a fresh impetus into the rebalance of globalization, and made new contributions to the joint construction of a community of shared destiny for mankind, as Chinese Foreign Minister Wang Yi put it on May 24 in Beijing.

Wang said that the G20 is the most significant platform for global economic governance, while the joint construction of the Belt and Road is the most influential initiative with the largest scale in the contemporary world.

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