Major economies of the world met and discussed global challenges at the G20 summit held in eastern China's Hangzhou city on Sept. 4 and 5. The summit was held at a time when the whole world is scorching under the sweltering heat of prolonged economic downturn.

Under the chairmanship of Chinese President Xi Jinping, the 11th G20 summit set a model based on mutual cooperation and interdependence. While addressing the leaders and media from around the globe, Xi's speeches were remarkable.

Xi emphasized that development should reach every nook and corner of the world and that only in this way can global reforms be successful. The Chinese president also stressed the urgent need for structural reform to keep global vitality alive.

As we know, the issue of corruption was included in this list of proposals, which was reflected during the summit when Xi made a strong statement. He got the support of other G20 leaders, including Indian Prime Minister Narendra Modi on the issue, who blatantly lashed out on corruption and urged the world to make efforts for zero tolerance towards corruption.

Furthermore, the Chinese government is very serious trying to make the system transparent. Since Xi came to the power in 2012, China has cracked down on corruption. Many officials have been put behind the bars on graft issues during these years, and many fugitive officials and business tycoons have been brought back under the law and punished.

In addition, during the two days of meeting, China took proactive initiatives to get every G20 economy on the table. Moreover, leaders from respective economies made a consensus to seek practical solutions for sustainable development and growth. Meanwhile, an action plan was constituted to achieve the sustainable development goal for 2030, and emphasize the responsibility of economically leading nations to uplift people's livelihood in the least developed countries.

Unlike other G20 summits in the past, the Hangzhou summit paid special attention to the economic crisis and suggested innovative ways to deal with it. China put all its strength to include reform-based proposals in the agenda.

China has been advocating for active involvement in developing countries for a long time and the just-concluded summit witnessed a high number of developing nations' participation. China used its authority to invite more developing nations to Hangzhou, which is a welcome step for the equal participation of developed and developing economies.

There is no doubt that China's focus was on inclusive growth and sustainable development. It is obvious from the fact that China has proposed "an innovative, invigorated, interconnected and inclusive world economy."

One can't deny that China was offered a great chance to show the world what it is capable of. In fact, China has been the driving force of the world economy for a long time. China's role has become bigger than ever and its economic growth has been the success story of this era.

Now China should be given the credit for showing a new ray of hope to the world. And there is no doubt about it; China's acceptance in the world will also increase after this successful event. Furthermore the Hangzhou summit has already sown the seeds of reforms and innovation, which can be ripened in coming summits in the near future.

Anil Azad Pandey has been working with China Radio, Beijing as a senior journalist since 2009, prior to China worked in New Delhi as a senior national correspondent, covered Foreign, Defense and Education Ministry. His articles often appear on Indian and foreign newspapers on international issues. He is also an author of the book "Hello Cheen." He can be reached by mail - anilpande2@yahoo.in.

Opinion articles reflect the views of their authors only, not necessarily those of China.org.cn

Go to Forum >>0 Comment(s)