G20 summit ends with consensus on world growth

The 11th G20 Summit ended here on Monday, reaching extensive consensus on pursuing innovative, invigorated, interconnected and inclusive world economic growth.

"Held at a critical time for world economic growth and the transformation of G20, the Hangzhou summit attracted wide attention from the whole world and carried high expectations," Xinhua quoted Chinese President Xi Jinping as telling the media.

Leaders of G20 members, guest countries and international organisations exchanged views on topics including more effective global economic and financial governance, robust international trade and investment, inclusive and interconnected development on September 4 and 5.

They also discussed prominent issues affecting the world economy, including climate change, refugee, anti-terrorism financing and global public health.

"Facing current risks and challenges in the world economy, we will continue to reinforce macro policy communication and coordination," Xi said at the closing meeting.

"We are determined to break a new path for growth to inject new dynamism into the world economy," Xi said, adding that a G20 Blueprint on Innovative Growth was unanimously adopted at the summit.

A communique was adopted at the summit, clarifying the development direction, targets and measures of G20 cooperation.

--IANS

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