In 2008, at the most critical juncture of the international financial crisis, the Group of Twenty (G20) was in danger, upholding the spirit of partnership and helping each other in the same boat, pulling the world economy that was slipping to a cliff back to the track of stability and recovery. This is a pioneering move. Unity has overcome differences, mutual benefit has replaced self-interest, and it has also established the G20’s important position in global economic governance.
Since 2013, President Xi Jinping has attended all G20 summits, advocating the global economic governance concept of equality, openness, cooperation and sharing, and advocating a fair, open, comprehensive and innovative development path to address global development. Facing major practical problems and improving global economic governance provide important conceptual guidance.
September 5, 2013, St. Petersburg, Russia. The eighth summit of the G20 leaders was held in the context of the impact of the international financial crisis, the economic recovery of developed countries, and the slowdown of the economies of emerging market countries. Facing the new economic situation, both developed and emerging market countries are very concerned about China’s positions and propositions, as well as the current situation and future trends of China’s economy.
At the summit, President Xi Jinping stood at the height of promoting a more balanced and sustainable growth of the global economy and proposed a series of new concepts such as development innovation, growth linkage, and interest integration; he advocated the establishment of partnerships between G20 members and fostered a sense of a community of shared future. Cooperation in competition and win-win in cooperation; calling on all countries to adopt responsible macroeconomic policies to jointly improve global economic governance, and maintain and develop an open world economy.
November 15, 2014, Brisbane, Australia. The ninth summit of the G20 leaders was held against the background of the weak recovery of the world economy after the financial crisis, the weak growth of developed countries and the economic downturn of emerging market countries. The summit focused on economic growth, employment and anti-risk, in order to stimulate new impetus to achieve a strong, sustainable and balanced growth of the world economy.
At the summit, President Xi Jinping called on members of the G20 to innovate development concepts, policies, and methods, attach importance to growth quality and efficiency, and promote economic growth from cyclical recovery to sustainable growth; establish a sense of community of interests and a community of destiny, oppose protectionism, and strengthen Macro-policy coordination, mutual promotion, and win-win cooperation; build a fair, just, inclusive and orderly international financial system, and increase the representation and voice of emerging market countries and developing countries.
November 15, 2015, Antalya, Turkey. The tenth summit of the G20 leaders continues to be held in the context of the in-depth impact of the international financial crisis, and the world economy is still undergoing a period of in-depth adjustment.
At the summit, President Xi Jinping pointed out the focus of the world economy: the momentum provided by the last round of scientific and technological revolution and industrial revolution is coming to an end, the potential of the traditional economic system and development model is fading, and the problem of unbalanced development is far from being resolved. Defects in the economic governance mechanism and structure are gradually emerging.
President Xi Jinping proposed that the G20 must set goals, point out the direction, and exert leadership. It must address the symptoms for steady growth at the moment, but also address the root cause and seek long-term motivation; it must implement past achievements and build new consensus. ; It is necessary not only to take domestic measures to do its own thing, but also to cooperate sincerely and jointly respond to challenges.
September 4, 2016, Hangzhou, China. The eleventh summit of the G20 leaders was held in the context of the overall recovery of the world economy, but faced with multiple risks and challenges such as insufficient motivation and weak demand, repeated turbulence in the financial market, and continued downturn in international trade and investment.
At the summit, President Xi Jinping pointed out that the G20 must advance with the times, unite knowledge and action, build and share together, and help each other, so as to grasp the general direction for the prosperity and stability of the world economy and promote strong, sustainable, balanced and inclusive growth of the world economy. President Xi Jinping emphasized that it is necessary for the G20 to further transform from a crisis response mechanism to a long-term governance mechanism, from focusing on short-term policies to focusing on short, medium and long-term policies. The development of the G20 affects the future of world economic development. Only by adapting to changes and advancing with the times can we remain vigorous forever.
July 7, 2017, Hamburg, Germany. The twelfth summit of the leaders of the Group of Twenty was convened against the backdrop of many unstable and uncertain factors as the world economy has shown a positive momentum, but deep-seated problems have not yet been resolved.
At the summit, President Xi Jinping pointed out that the G20 must adhere to the path of open development, mutual benefit and win-win, and support the multilateral trading system; it must strengthen cooperation in the digital economy and the new industrial revolution to create new technologies, new industries, new models, New products; based on the concept of inclusive growth, we must handle the contradictions between fairness and efficiency, capital and labor, technology and employment; we must continue to strengthen macro policy coordination, reform international financial institutions, improve international financial supervision, and combat tax avoidance. Financial market risks, the development of inclusive finance and green finance, and promote the financial industry to better serve the development of the real economy.
November 30, 2018, Buenos Aires, Argentina. The thirteenth summit of the G20 leaders was on the 10th anniversary of the outbreak of the international financial crisis and the launch of the G20 summit mechanism. The conversion of the old and new momentum of world economic growth has not yet been completed, various risks accumulate, economic globalization has suffered setbacks, and multilateralism Held against the background of the impact of the system.
At the summit, President Xi Jinping reviewed the development history of the G20, pointed out that multilateralism, equal consultation, and win-win cooperation are the means to overcome major crises, and called on the members of the G20 to unite, overcome difficulties, and insist on consultation and joint construction. Shared ways of getting along, strengthen coordination and cooperation of macro-policies, and maintain a clear-cut stand for the multilateral system. He pointed out that the members of the G20 should conform to the general trend of development, grasp the laws of the economy, and stick to the right direction to clear the world economy.
June 28, 2019, Osaka, Japan. The fourteenth summit of the G20 leaders was held against the background that unilateralism and protectionism have severely impacted the international economic order, global trade and investment disputes have intensified, and global economic operation risks and uncertainties have increased significantly.
At the summit, President Xi Jinping pointed out that the G20 has the responsibility to set the course for the world economy and global governance at a critical moment, enhance confidence in the market, and bring hope to the people. We must respect objective laws, give play to the role of the market, and adapt to the development requirements of productive forces; we must grasp the general trend of development, embrace development opportunities with greater openness, seek mutual benefit and win-win with better cooperation, and guide economic globalization in the right direction; we must have a common mind In the future, based on common interests, focusing on long-term development, we are committed to achieving lasting world peace and prosperity, and people of all countries living and working in peace and contentment.
November 21, 2020, Riyadh, Saudi Arabia. The 15th summit of the G20 leaders was held against the background of the continuous spread of the global new crown epidemic, the accelerated evolution of the international landscape, the rise of unilateralism and protectionism, and the impact of global industrial chains and supply chains.
President Xi Jinping attended the summit via video. He pointed out that the members of the G20 should, while doing a good job of normalizing the epidemic prevention and control, make efforts in four aspects: building a global anti-epidemic firewall, smoothing the operation of the world economy, giving play to the driving role of the digital economy, and achieving more inclusive development. To work hard to stabilize and restore the economy. In response to the international order and global governance in the post-epidemic era, President Xi Jinping pointed out that the G20 should follow the principle of extensive consultation, joint contribution and shared benefits, adhere to multilateralism, adhere to openness and tolerance, adhere to mutually beneficial cooperation, and adhere to advancing with the times.
The common need to maintain the stable development of the world economy gave birth to the G20. In the past 13 years, the G20 has worked together and worked together to push the world economy out of the recession and embark on the path of recovery and growth. Today, the world‘s major changes unseen in a century and the global pandemic of the new crown pneumonia epidemic are intertwined. The world‘s multi-polarization and economic globalization are undergoing profound changes. Countries are interconnected, interdependent, and interact more closely.
The spirit of partnership of mutual assistance and win-win cooperation is the most valuable asset of the G20, and it is also the inevitable choice for all countries to jointly respond to global challenges. Facing the new situation and new challenges, the G20 should display its strategic vision, promote the spirit of partnership, and promote the development of economic globalization in an open, inclusive, inclusive, balanced, and win-win direction.
As President Xi Jinping said: “Although we have different national conditions, different stages of development, and different real challenges, we have the same desire to promote economic growth, the same interests in coping with crisis and challenges, and the same vision for achieving common development. As long as we stay in the same boat as partners The spirit can overcome the turbulent waves of the world economy and open up a new voyage for future growth.”
Producer: Zhou Zongmin
Planning: Chen Zhi
Producer: Feng Junyang
Coordinator: Xie Peng, Jiang Guopeng, Yan Junyan
Photography: Li Xueren, Rao Aimin, Ding Lin, Wang Ye, Ma Zhancheng, Pang Xinglei, Li Tao, Huang Jingwen
Editors: Liu Xiuling, Liu Xi, Zheng Haoning, Dang Qi, Xu Xiaolei, Tang Zhiqiang, Zhang Tao
Vision: Onion Painting Vision
Produced by the International Department of Xinhua News Agency
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