G20 Executive Talk Series

September 2016

Welcome

Xi Jinping

Xi Jinping

President of The People’s Republic of China

The G20 Summit mechanism was set up at the height of the international financial crisis in 2008, demonstrating G20 members’ determination to put the global economy back on its feet. The G20 thus became the premier forum for international economic cooperation. Looking back, I believe that the most valuable thing this process has created is the close partnership we have forged that has enabled us to jointly tide over a difficult time. It proves that in a world of deepening economic globalization, cooperation is the sure way for countries to meet challenges and achieve common development.

Today, the global economy and international economic cooperation have reached another crucial juncture. Can we strengthen the foundation for global recovery and growth and leave the crisis behind us? Can we seize the historical opportunity presented by technological breakthroughs and a new industrial revolution and usher in a new round of global growth? The answer lies in the course of common action that we will take.

Now,all eyes are on the G20. As an important forum for cooperation among developed countries, emerging markets and developing countries, the G20 plays a key role in leading and advancing international economic cooperation. It should act with a broad vision and deliver concrete outcomes. It should address critical issues affecting the global economy and endeavor to promote strong, sustainable and balanced growth.

We should strive to build an innovative, invigorated, interconnected and inclusive global economy and explore new ways to drive development and structural reform, injecting impetus into the growth of individual countries and energizing the global economy. We should embrace the vision of a global community of shared future, enhance economic connectivity and exchanges among countries and improve global economic and financial governance so as to address inequality and imbalance in global development and ensure that the benefits of economic growth will be equitably shared by people of all countries.

In the course of making preparations for the 2016 G20 summit,China will work with all other parties to pull in one direction in the spirit of win-win partnership. We should pool wisdom, form synergy, implement the outcomes of the Antalya Summit and all previous summits, and jointly advance international economic cooperation. I look forward to meeting the leaders
of the G20 members in Hangzhou, Zhejiang next September to discuss ways of enhancing international economic cooperation.

Hangzhou, renowned for its rich history, is also a city of innovation. It is a cosmopolitan city with a distinctive Chinese cultural appeal. I am sure that, through our joint efforts, Hangzhou will deliver a uniquely impressive summit to the world in 2016.

Xi Jinping
President of The People’s Republic of China

As an important forum for cooperation among developed countries, emerging markets and developing countries, the G20 plays a key role in leading and advancing international economic cooperation.

Welcome taken from G20.org

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