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China outlines major expectations for G20 Summit

China outlines major expectations for G20 Summit
0 CommentsPrint E-mail CNTV, June 19, 2010
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President Hu Jintao will pay a state visit to Canada next week and attend the G20 summit in Toronto. China's Foreign Ministry has outlined the country's major expectations for the summit.

China has made clear its agenda for the G20 summit less than a week before the meeting of movers and shakers in today's world economy.

Firstly, regarding the current European sovereign debt crises, China hopes member countries will enhance communication and coordination on macro-economic policies.

Secondly, China expects the G20 summit to push the International Monetary Fund to finish its quota reform that would give more representation to emerging markets and developing countries. China also hopes the Toronto summit will improve the international financial system and deepen reform of the international supervision system.

Thirdly, China hopes the summit will pay more attention to development problems and provide political support to the United Nations' high-level meeting on Millennium Development Goals in September.

 

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