John Kirton:多伦多大学G20研究中心主任
赵昌辉:中国进出口银行高级分析师
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The G20 summit in Brisbane, Australia has come to an end.
G20 leaders have pledged to overcome geopolitical tensions and financial risks to spur global economic growth by 2.1 percent above current projections over five years.
For more on this issue, our hosts John Artman and Xu Qinduo talk with:
-John Kirton, Co-director of the G20 Research Group at the University of Toronto
-Zhao Changhui, Senior analyst at the Export-Import Bank of China
The Brisbane Action Plan adopted at the summit contains close to a thousand measures, including more than 800 new initiatives, which the IMF and OECD estimate will boost the collective GDP of G20 nations by 2.1 per cent by 2018.
Each member country agreed to a range of actions to boost their collective economic growth. This includes reforming labor markets, investing in infrastructure and expanding trade, increasing competition and reducing the regulatory burden on businesses. But Australian Prime Minister Tony Abbott said that expanding trade was the most crucial point.
(A1, Abbott, english)
"The working section on trade was one of the most productive at this G20 weekend. It's all leaders unanimous in their view that expanding trade will directly benefit countries and people right around the world. Trade is a key drive of growth and we will focus on domestic reforms to facilitate trade as well as the importance of strong global trading system."
As major forces powering the global economy, China and the United States exchanged views on several issues, such as economic growth, trade and climate change. US president Barack Obama said the recent visa extention programme between the United States China will boost the two economies and create jobs for Americans and Chinese alike.
Leaders also agreed to a Global Infrastructure Initiative that will help address the $70 trillion gap in infrastructure needed by 2030 to improve productivity and living standards. Prime Minister Abbott said that new sources of investment must be found, since Governments cannot afford to foot this bill on their own.
G20 members also reached agreement to tackle corruption and money-laundering and to share tax information by endorsing a new standard on the exchange of information between tax authorities. As the host of the meeting, Abbott concluded that the summit will have a great impact on the global economy.
(A4, Abbott, english)
"...My message to people of the world from Brisbane Australia is there is hope. Things can be better. There is a plan that's been endorsed by the leaders of the 20 largest most representative economies that would be so much better. It is delivering the growth and jobs that people in the world would want and need."
Next year the G20 meetings will be held in Turkey. China will host G20 meetings in 2016.