G20 Think Tank Summit issues joint statement
- By Zhang Rui
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E-mail China.org.cn, August 3, 2015
The 2015 G20 Think Tank Summit closed in Beijing on Saturday by issuing a joint statement to advise the upcoming G20 summits.
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The 2015 G20 Think Tank Summit issues a joint statement to advise the upcoming G20 summit on Aug. 1, 2015. [China.org.cn] |
![The 2015 G20 Think Tank Summit issues a joint statement to advise the upcoming G20 summit on Aug. 1, 2015. [China.org.cn]](http://images.china.cn/attachement/jpg/site1007/20150803/001aa0ba3c1617291bb302.jpg "The 2015 G20 Think Tank Summit issues a joint statement to advise the upcoming G20 summit on Aug. 1, 2015. [China.org.cn]")
Participants declared: "We have explored ways for think tanks to cooperatively support the 2015 G20 Antalya Summit in Turkey and the 2016 G20 Summit in China. Our efforts will be inspired by the important priorities of inclusiveness, implementation and investment for growth and build on the advances made by previous summits.".
The experts attending the forum opined that, though the global economy is recovering, the recovery is uneven and slow-paced and its sustainability is uncertain. "It is crucial to study and facilitate coordination of macroeconomic and related policies while guarding against negative spillovers. Coordination can promote sustainable growth, wellbeing and quality employment worldwide," they said, expressing willingness to enhance research cooperation to help achieve collective G20 GDP growth of at least an additional two percent by 2018.
The summit was attended by top think tank representatives, politicians, experts and guests from 20 countries including China, the United States, the United Kingdom, Japan and Germany. The summit, held from July 30 to August 1, was designed to provide intellectual support for the G20 summit held at end of this year in Turkey and next year"s event in China in 2016.
During discussions on Friday, Liu Zhiqin, former chief representative of Zurcher Kantonalbank Beijing office, said the G20 still face four major challenges in the new era - poverty, aging, education and employment, and financial security.
Jia Jinjing, director of Macroeconomic Research Department of Chongyang Institute for Financial Studies, believed the current task was to help world economic recovery and return to a strong and sustainable development status. G20 countries needed to create a bigger cooperative space in the world and achieve the goals by policies. Zhang Yanling, former executive vice president of Bank of China and executive director of International Chamber of Commerce, told the forum attendees that China's "Belt and Road Initiatives" will benefit people and countries along the Silk Road Economic Belt and 21st Century Maritime Silk Road. She urged their integration into the G20 agenda as they all shared a common desire for economic development and poverty reduction. As the "Belt and Road" countries' GDP accounted for half of the world, and contained 75 percent of world energy records, this was crucial for Eurasian developing countries.
The forum was hosted by Renmin University of China and co-organized by the Chongyang Institute for Financial Studies, Shanghai Institute for International Studies, the Chinese Academy of Social Sciences' Institute of World Economics and Politics and the Economic Policy Research Foundation of Turkey.
The full text of joint statement is below:
1. We, experts from think tanks in G20 members, held the "Global Governance and Open Economy: 2015 G20 Think Tank Summit" in Beijing on July 30th-August 1st, 2015. Building upon the statements from the 2013 and 2014 G20 Think Tank Summits, we have explored ways for think tanks to cooperatively support the 2015 G20 Antalya Summit in Turkey and the 2016 G20 Summit in China. Our efforts will be inspired by the important priorities of inclusiveness, implementation and investment for growth and build on the advances made by previous summits.
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