2016年CRI G20 Nanjing Workshop Focus for Investment Co-op

 

The two-day workshop is focussing on global trade and investment.

At the opening ceremony, Vice¹ Minister of Commerce Wang Shouwen said China would continue to boost the cooperation mechanism² among G20 countries, promote global trade growth, and support the multilateral trading system.

He also called for coordination³ on policy to facilitate global investment, and on the global value chain.

Wang Shouwen said these measures would pave the way for the ministerial meeting in July, and the September summit in Hangzhou.

"Today and tomorrow will be very important for this year's trade and investment agenda. We assume very heavy responsibility of paving the way for our trade ministers and our leaders. As the presidency⁴, China will carry out the spirit of openness and inclusiveness of the whole process. I hope that, after substantial discussion at this meeting, we could reach consensus⁵ on most of the proposals and leave as little work as possible for July"

On the matter of global trade, Zhang Shaogang, Director General of the Department of International Trade and Economic Affairs with the Ministry⁶ of Commerce said China would develop a series of measures to boost the trade growth.

He added that the G20 members are considering developing global investment policy guidelines to strengthen coordination in global investment policy.

Co-chair of the G20's Trade and Investment Working Group, Canadian Permanent Representative of the World Trade Organization, Jonathan Fried says China has acted well its responsibility as president and that the collective actions being taken could have an impact not only on the G20 countries but also on the whole world.

"Our agenda, as I said, focuses on what actions we can take collectively, both in our domestic policies and in the positions we take in the relevant international organization to facilitate the investment and to foster greater volumes of trade. This benefits not only Canada as a trading nation, and not only G20 nations, but should be good for all of our partners around the world."

Zhou Mi, a researcher with the Ministry of Commerce points out that the G20 nations makes up 80 per cent of the global trade volume, and 60 per cent of global investment. As major economies in the world, the group should act responsibly to contribute to the world economy.

"The current situation is: although the Global trade volume is growing, but the rate is very slow, including the developed and developing countries, they all facing a lot of problems. When China faces the initial stage of the global economic crisis, impacts are relatively⁷ indirect, but now we are slowly feeling impacts from more developed countries due to their shrinking markets. So we hope through this cooperation, the G20 can join forces together, to reach consensus."

He added that, with more certain constraints⁸ on the G20 countries, these large economies could significantly support the global economy, and recover trade momentum⁹.

For CRI, I'm Min Rui.

1 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

2 mechanism   

n.机械装置；机构，结构

参考例句：

• The bones and muscles are parts of the mechanism of the body.骨骼和肌肉是人体的组成部件。
• The mechanism of the machine is very complicated.这台机器的结构是非常复杂的。

3 coordination   

n.协调，协作

参考例句：

• Gymnastics is a sport that requires a considerable level of coordination.体操是一项需要高协调性的运动。
• The perfect coordination of the dancers and singers added a rhythmic charm to the performance.舞蹈演员和歌手们配合得很好，使演出更具魅力。

4 presidency   

n.总统(校长，总经理)的职位(任期)

参考例句：

• Roosevelt was elected four times to the presidency of the United States.罗斯福连续当选四届美国总统。
• Two candidates are emerging as contestants for the presidency.两位候选人最终成为总统职位竞争者。

5 consensus   

n.(意见等的)一致，一致同意，共识

参考例句：

• Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
• What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？

6 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

7 relatively   

adv.比较...地，相对地

参考例句：

• The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
• The operation was relatively painless.手术相对来说不痛。

8 constraints   

强制( constraint的名词复数 )； 限制； 约束

参考例句：

• Data and constraints can easily be changed to test theories. 信息库中的数据和限制条件可以轻易地改变以检验假设。 来自英汉非文学 - 科学史
• What are the constraints that each of these imply for any design? 这每种产品的要求和约束对于设计意味着什么？ 来自About Face 3交互设计精髓

9 momentum   

n.动力，冲力，势头；动量

参考例句：

• We exploit the energy and momentum conservation laws in this way.我们就是这样利用能量和动量守恒定律的。
• The law of momentum conservation could supplant Newton's third law.动量守恒定律可以取代牛顿第三定律。