Currently, economies worldwide including China are under tremendous pressure caused by sluggish growth. The traditional pattern of growth has failed. How to find out a new approach for achieving further growth is a leading item to be discussed at this year’s G20 Summit. The G20 Summit inHangzhou will focus on the theme of “Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy”. Innovation provides the driving force for long-term global growth.