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Global economy, job creation top agenda of G20 summit
G20峰会集中讨论经济和就业问题
The G20 summit is set to open in Russia’s Saint Petersburg on Thursday. Leaders attending the meeting will evaluate global economic growth and discuss ways to promote job creation and open trade.
The global economic challenges will test the determination and unity of the G20 members. In July, the IMF cut its global economic growth expectation for this year to 3.1 percent, down from a previous estimate of 3.3 percent. But there are some encouraging signs, with economies actively pushing for structural and often difficult changes. Analysts say it’s not realistic to expect the Summit to solve everything in just two days.
But, continued co-ordination of national macro-economic policies is crucial to building confidence. G20 members represent about 80 percent of the global economy.
It’s been five years since the last meeting of G20 leaders in 2008 in Washington D.C. The G20 Summit remains the premier forum for international economic issues.
