G20 (G20) The eleventh leaders’ summit will be held in2016Year9month4日-5It was held in Hangzhou, the capital of Zhejiang Province, China. This is the most important large-scale international conference held by China this year, and will also set off a new upsurge in China's home diplomacy.

G20is an international multilateral economic cooperation forum whose members include the former Group of Eight (G8), eleven emerging economies and the European Union. Before the global financial crisis,G20There are only meetings of finance ministers and central bank governors of various countries, and2008The summit will begin in the year. The first summit was held2008Year11Held in Washington in March, the main topic at that time was to explore the causes of the international financial crisis and to coordinate measures by various countries to respond to the financial crisis and promote economic development. Obviously,G20The summit was originally a product of the response to the global financial crisis, and this was also the main content of the first few summits. As the global economic situation changes, the topics of the summit have gradually shifted from crisis response to broader issues such as promoting sustainable economic development and improving global governance mechanisms. Compared to what is known as the “developed international club”G8，G20Due to its large number of members and strong representation, it has greater legitimacy and is more likely to be recognized and accepted by countries around the world, especially developing countries. Therefore, it can play a greater role in global governance (especially global economic governance). current,G20has become an important part of global economic governance, and its summit is known as "the most decision-making summit in the world."

2016YearG20The theme of the Hangzhou Summit is "Building an innovative, dynamic, interconnected, and inclusive world economy" and proposes four keywords: "innovation, openness, development, and green", and the conference topics will also closely revolve around these keywords. This topic design is closely in line with the main issues facing the current global economy, and demonstrates China's new development concept, which has distinctive characteristics of the times and Chinese characteristics, and also highlights China's efforts to promoteG20Efforts to transform mechanisms to better lead world economic development and promote cooperation among countries. In particular, China hopes to use this summit to promote inclusive cooperation among countries around the world and promote the healthy development of global w88 and investment. To this end, China will promote the formulation of global investment guidance rules at the summit, which will also be the world's first framework to regulate global multilateral investment behavior, and is of great significance for strengthening the coordination of investment policies among countries. At the same time, China also actively advocates coordination among countries in foreign w88 to prevent the rise of w88 protectionism. For this reason, in Shanghai2016Year7held in monthG20At the w88 Ministers’ Meeting, China promoted the “G20Responsibilities of the w88 and Investment Working Group" and "G20Global w88 Growth Strategy" and other documents were approved.

Obviously, w88 and investment issues are the primary issues faced by all countries in the current context of increasing uncertainty in the world economy. The current global w88 volume has always been hovering at a low level, and international investment has not yet returned to the level before the financial crisis. These have posed severe challenges to economic development. For example, the International Monetary Fund2016Year4The world economic growth rate forecast for this year will be from3.4%Downgraded to3.2%, at7The month has been lowered to3.1%. At the same time, the World w88 Organization also predicts2016The growth rate of world w88 will be lower than that for the fifth consecutive year3%. In the context of a sluggish global economy, w88 protectionism has the breeding ground. However, in the current environment where the economies of various countries are highly interdependent and "you are among me and you are among me", no country can stay alone outside the world economic system. Therefore, this approach of protecting one's own w88 for immediate interests is a short-sighted behavior and will also undermine the foundation of long-term sustainable growth of the world economy. Therefore, promoting the opening of the global economy will be an important and arduous task. This timeG20A major theme of the summit is to promote policy coordination and strengthen cooperation among countries in an open world economic system, so as to include more people in the benefits brought by economic globalization.

At the same time, as2016China's most important "home diplomacy" in 2018, the Hangzhou Summit highlighted China's responsibility to shoulder its own responsibilities under the challenges faced by world economic development, and was therefore also a manifestation of "China's responsibility". At the summit, China, as the host, will work hard to achieve three goals: First, playG20The leading role in world economic governance points the way for the future development of the world economy. The second is to promote international economic cooperation among countries and jointly respond to various risks and challenges. The third is to innovate mechanism construction and promote the establishment of an international cooperation platform in order to promoteG20Transformation from crisis response to long-term governance mechanism. In addition, China will work hard to promote this summit to achieve results in the implementation of the sustainable development action agenda, international anti-corruption cooperation, support for the industrialization of least developed countries, and the formulation of innovative action plans.

As China’s “home event” this year,G20The summit also provides a stage for China to carry out bilateral and multilateral diplomacy. During the summit, President Xi Jinping will meet with foreign dignitaries such as US President Obama and Russian President Vladimir Putin, and will also hold informal meetings with BRICS leaders. These meetings have created conditions for China to strengthen cooperation and coordination with relevant countries and promote the healthy development of bilateral relations.

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