Commentary: G20 needs to build consensus for better global development

    Source: Xinhua| 2018-11-30 15:12:37|Editor: Lu Hui
    Video PlayerClose

    BEIJING, Nov. 30 (Xinhua) -- As leaders of the world's major economies gather in Buenos Aires for this year's Group of 20 (G20) summit, they carry high expectations from across a world in crying need of consensus and confidence.

    G20 leaders held their inaugural summit in Washington 10 years ago for the purpose of striking a general agreement to cooperate in key areas so as to deal with the financial crisis that swept through the globe.

    A decade on, the G20 has become the central stage for international economic cooperation.

    Driven by the G20 and other multilateral mechanisms, the international community has over the years coordinated macro-economic policies, jointly defused financial risks, and cemented the momentum of the hard-won global economic recovery.

    Even though the upward trend has not changed fundamentally, worries about risks and downward pressure are simmering for the moment.

    On the one hand, economic globalization is encountering headwind and trade frictions are on the increase.

    On the other, due to such factors as the Fed's serial rate hikes and geo-political uncertainties, financial markets across the world are witnessing increasing volatility, and major economies are moving at different speeds.

    The Organization of Economic Co-operation and Development (OECD) has lately cut its 2019 and 2020 global growth forecast to 3.5 percent, compared with this year's 3.7 percent.

    Against such a backdrop, the world is following the upcoming G20 summit particularly eagerly, with hopes running high that it will build consensus, boost confidence and stabilize market expectations.

    The summit, to be held under the theme of "Building Consensus for Fair and Sustainable Development," will address topics such as world economy, trade and investment, digital economy, sustainable development, infrastructure and climate change.

    With no doubt, how to keep development fair and sustainable will be one of the focal points at the Buenos Aires summit.

    To ensure fair development, it is a must to advocate inclusive development and address such social issues as poverty, unemployment and widening income gaps, so that all parties can benefit from economic growth and technological advancement and all people will share the fruits of economic globalization and world economic growth.

    To achieve sustainable development, the trend of economic globalization should be followed and the key driving forces, including free trade, be grasped.

    In a G20 Surveillance Note released by the International Monetary Fund (IMF) in July, the international financial institution reiterated that the global economy relies on "an open, fair, and rules-based international trade system."

    Christine Lagarde, managing director of the IMF, urged policy-makers of the G20 to develop multilateral solutions that will improve the global trade system.

    Argentina's G20 sherpa, Pedro Villagra Delgado, said Argentina supports rules-based free trade and greater business flows around the world, and will seek consensus on major issues among participating parties of the G20 summit and show the world a positive G20.

    Most of the G20 members champion multilateralism and international institutions, said Miguel Messmacher, who coordinates Mexico's G20 affairs.

    Over the years, the G20 mechanism has built a bridge of cooperation between developed and developing countries and generated more consensus than divergence, he said.

    Chinese Assistant Foreign Minister Zhang Jun said China supports Argentina in hosting a successful summit and looks forward to the meeting producing positive outcomes and injecting new impetus in G20 cooperation.

    These voices reflect global expectations. Given the rising challenges and the G20's gravity, it is time for leaders of the leading economies to forge consensus, strengthen solidarity and boost cooperation, so as to keep leading world development forward.

    KEY WORDS: G20
    EXPLORE XINHUANET
    010020070750000000000000011102351376419981
    主站蜘蛛池模板: 无码专区天天躁天天躁在线| aaa毛片免费观看| 精品乱码一区二区三区在线| 夏夏和三个老头第二部| 亚洲国产精品久久久久久| 精品欧美成人高清在线观看2021| 够爽影院vip破解版| 久久久久亚洲精品无码网址色欲| 看一级毛片国产一级毛片| 国产精品成人久久久久久久| 久久久精品波多野结衣| 看大片全色黄大色黄| 国产国产人免费人成免费视频| 一区二区三区四区欧美| 欧美双茎同入视频在线观看| 国产一级淫片a免费播放口之| nxgx.com| 最近高清中文在线字幕在线观看| 国产**一级毛片视频直播| 中文字字幕在线精品乱码app | 高h全肉动漫在线观看最新| 成人毛片18岁女人毛片免费看| 亚洲精品国产日韩| 美女视频黄视大全视频免费的| 国产欧美久久久精品影院| 一本色道久久88—综合亚洲精品| 日韩电影免费在线观看中文字幕| 免费现黄频在线观看国产| 日本免费网站视频www区| 成人在线色视频| 久久精品国产精品亚洲| 白丝女班长被弄得娇喘不停| 国产亚洲精品美女久久久久 | 一级毛片**免费看试看20分钟| 欧美国产第一页| 人妖系列精品视频在线观看| 美女被网站大全在线视频| 国产吃奶摸下激烈视频无遮挡| 亚洲精品第一国产综合野| 小向美奈子中出播放| 亚洲av极品无码专区在线观看|