2016年CRI German G20 presidency to retain China-proposed inclusive development: Chinese official

 

Chinese Vice¹ Finance Minister Zhu Guangyao has just attended a G20 finance and central bank deputies meeting in Berlin.

He says the idea of inclusive development, a key emphasis of the G20 Hangzhou Summit in September, will continue to dominate next year's G20 agenda.

"Based on the remarkable² success of the Hangzhou summit, Germany has said it will ensure a continuity of the development ideas proposed earlier this year by China, especially the idea of inclusive development and reforms in global economic governance. The German presidency³ will help to further implement⁴ these proposals."

Building an inclusive and sharing world economy was one of the main themes of the G20 Hangzhou summit. In a communiqué issued after their gatherings⁵, world leaders also agreed to combat forces that oppose globalization.

Germany has also set the three main pillars of its G20 presidency, including maintaining the stability of the world economy, focusing on future development strategies and strengthening the G20 as a community of responsibility.

The last pillar will mainly focus on promoting the social and economic growth of Africa.

"One of the top agenda items of Germany's 2017 G20 presidency is to promote investment in Africa. Chinese President Xi Jinping highly values Africa's development. So we are glad to see that the topic, which was collectively embraced in Hangzhou, will continue to drive the G20 agenda in Germany."

The G20 presidency rotates annually⁶ among members, in a way that ensures balance in regional representation. The presiding, or host country, is responsible for bringing together a G20 agenda in consultation⁷ with other members.

On maintaining economic stability, the Vice Finance Minister says the proposal has practical significance for China, given a rising status of China's currency, the Renminbi, in the global financial system.

"The Reminbi is now positioned against a whole basket of other currencies. While it has seen a trend of depreciating⁸ against the US dollar, it is raising in value against other currencies. If we see the dollar as the strongest currency, we can say that the Reminbi is the second strongest. Under such a backdrop, we need to closely watch the market movements, the flow of capital and to further carry out necessary financial and economic reforms."

China handed over the G20 presidency to Germany officially on December 1st. Next year's G20 summit will be held in Hamburg on July 7th and 8th.

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 remarkable   

adj.显著的，异常的，非凡的，值得注意的

参考例句：

• She has made remarkable headway in her writing skills.她在写作技巧方面有了长足进步。
• These cars are remarkable for the quietness of their engines.这些汽车因发动机没有噪音而不同凡响。

3 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。

4 implement   

n.(pl.)工具，器具；vt.实行，实施，执行

参考例句：

• Don't undertake a project unless you can implement it.不要承担一项计划，除非你能完成这项计划。
• The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。

5 gatherings   

聚集( gathering的名词复数 )； 收集； 采集； 搜集

参考例句：

• His conduct at social gatherings created a lot of comment. 他在社交聚会上的表现引起许多闲话。
• During one of these gatherings a pupil caught stealing. 有一次，其中一名弟子偷窃被抓住。

6 annually   

adv.一年一次，每年

参考例句：

• Many migratory birds visit this lake annually.许多候鸟每年到这个湖上作短期逗留。
• They celebrate their wedding anniversary annually.他们每年庆祝一番结婚纪念日。

7 consultation   

n.咨询；商量；商议；会议

参考例句：

• The company has promised wide consultation on its expansion plans.该公司允诺就其扩展计划广泛征求意见。
• The scheme was developed in close consultation with the local community.该计划是在同当地社区密切磋商中逐渐形成的。

8 depreciating   

v.贬值，跌价，减价( depreciate的现在分词 )；贬低，蔑视，轻视

参考例句：

• Explain how depreciating PP&E is an example of the matching principle. 解释房产、厂房、设备折旧如何体现了配比原则？ 来自互联网
• Explain how depreciating an example of the matching principle. 解释房产、房、备折旧如何体现了配比原则？ 来自互联网