Hosting the G20 summit can improve China’s impact in the global community and its global governance capabilities. It shows that China is no longer an outsider in international policymaking, but is an important participant. China can also take advantage of this opportunity to promote the Belt and Road Initiative and the Asian Infrastructure Investment Bank.
As China is the driving force of the global economy, it is important for the world to know about China’s ideas. Holding the G20 summit in China can add different angles to our way of looking at global economic development. It is also the first time that “innovation” is an important topic of the summit.