China praised as se­nior plan­ners en­ter ‘last mile’

Sherpa Meet­ing crafts blue­print, in­clud­ing plan to pro­vide help for poor­est na­tions

China Daily (USA) - - G20 2016 CHINA -

Mem­bers of the G20 should steadily com­plete their “very last mile” and set­tle on fi­nal ar­range­ments for the sum­mit, as prepa­ra­tions have en­tered their fi­nal stage, a se­nior Chi­nese diplo­mat said on Thurs­day.

Li Baodong, vice-for­eign min­is­ter and the Chi­nese co­or­di­na­tor for G20 af­fairs, made the re­mark at the open­ing cer­e­mony of the fourth G20 Sherpa Meet­ing in Hangzhou, Zhe­jiang prov­ince, three days ahead of the Lead­ers Sum­mit, which be­gins on Sun­day.

China hopes that all G20 mem­bers will con­tinue to co­op­er­ate to en­sure a suc­cess­ful sum­mit, which aims to in­ject new vigor into the world econ­omy, he said.

Liu Ying kui, a re­searcher at the China Coun­cil for the Pro­mo­tion of International Trade, said that be­cause of the slug­gish global econ­omy, the G20 Sum­mit has im­por­tant mean­ings as a key plat­form for global eco­nomic gov­er­nance.

About 30 agree­ments are ex­pected to be reached at the sum­mit, mak­ing it one of the most fruit­ful meet­ings of its kind, he said, adding that the international com­mu­nity has high ex­pec­ta­tions for China as the sum­mit host.

The Sherpa Meet­ing, which fo­cuses on prepara­tory work for the G20 Sum­mit, is re­spon­si­ble for co­or­di­nat­ing re­sults po­lit­i­cally. At the meet­ing, the co­or­di­na­tors also ne­go­ti­ated on a G20 state­ment to be re­leased after the two-day sum­mit.

Ba­sic agree­ments have been reached on a G20 blue­print for in­no­va­tion-driven growth, an ac­tion plan to carry out the United Na­tions 2030 Agenda for Sus­tain­able De­vel­op­ment and an ini­tia­tive to sup­port in­dus­tri­al­iza­tion in Africa and the least­de­vel­oped coun­tries, ac­cord­ing to a state­ment re­leased by the For­eign Min­istry after the meet­ing.

The Sher­pas agreed that un­der China’s pres­i­dency, the G20 has seen sta­ble, smooth and in­no­va­tive progress in 2016, with a se­ries of ground-break­ing ac­com­plish­ments.

Zhu Jiejin, a pro­fes­sor of international re­la­tions at Fu­dan Univer­sity, said the con­sen­sus on in­no­va­tion had been hard-won, given the mar­ket volatil­ity in the first quar­ter of 2016.

“It is not easy for China to stay fo­cused on a long-term agenda when some are call­ing for short-term stim­u­lus pack­ages,” he said.

It is not easy for China to stay fo­cused on a longterm agenda when some are call­ing for short-term stim­u­lus pack­ages.”

Zhu Jiejin, pro­fes­sor of international re­la­tions at Fu­dan Univer­sity in Shang­hai

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.