2016年CRI Innovation, development to be key topics in G20 Summit

 

Chinese vice¹ Foreign Minister Li Baodong says the main agenda, with a focus on innovation and development, comes at a time when the world economy continues to struggle down a fragile path of recovery.

"It is historic that China, as the host country of the summit, has put innovation in a very important place on the agenda, which indicates that China is playing a leading role in transforming the G20 from a system dealing² with short-term problems into a permanent mechanism³ to tackle global challenges."

He says part of the Chinese agenda in Hangzhou will be to try to break the current model of focusing on fiscal⁴ stimulus⁵ and loose monetary⁶ policies to drive growth.

Instead, he says the Chinese delegation⁷ will press for more innovation-driven growth strategies and structural⁸ reforms, which he says will boost the potential for mid-to-long term growth.

"We have introduced the issue of development into the G20 mechanism as a key topic for the first time. It has never been done by any other country before. China, as the biggest developing country, surely cares about the issue of development. We have invited many guests and leaders from developing countries to attend this summit. This is also unprecedented⁹ in the G20 history,"

Chinese officials have been pressing to try to make this year's G20 Summit proactive, rather than reactive.

This includes the invitation of 5 different developing nations to the table, three of whom will represent different international groupings.

The annual G20 Leaders Summit will take place in Hangzhou on September 4th and 5th.

For CRI, I'm Xie Cheng.

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 dealing   

n.经商方法，待人态度

参考例句：

• This store has an excellent reputation for fair dealing.该商店因买卖公道而享有极高的声誉。
• His fair dealing earned our confidence.他的诚实的行为获得我们的信任。

3 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。

4 fiscal   

adj.财政的，会计的，国库的，国库岁入的

参考例句：

• The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
• The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。

5 stimulus   

n.刺激，刺激物，促进因素，引起兴奋的事物

参考例句：

• Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
• Light is a stimulus to growth in plants.光是促进植物生长的一个因素。

6 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

7 delegation   

n.代表团；派遣

参考例句：

• The statement of our delegation was singularly appropriate to the occasion.我们代表团的声明非常适合时宜。
• We shall inform you of the date of the delegation's arrival.我们将把代表团到达的日期通知你。

8 structural   

adj.构造的，组织的，建筑（用）的

参考例句：

• The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
• The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。

9 unprecedented   

adj.无前例的，新奇的

参考例句：

• The air crash caused an unprecedented number of deaths.这次空难的死亡人数是空前的。
• A flood of this sort is really unprecedented.这样大的洪水真是十年九不遇。