B20 Is Looking Forward To G20.

At present, the global economy is in an important pition period. It has both opportunities and challenges.

All this needs.

The government and the business community work together to eliminate obstacles to development and revitalize the economy.

At the invitation of the organizing committee, Wang Dongzhu, chairman of Fujian news network, attended the B20 summit.

B20 is looking forward to G20:

1.G20 should show strong leadership to boost confidence and promote global economic development.

The global economy is facing the challenge of the pition period. The growth of Wen Heqie is uneven. It requires the clear attitude of the G20 members to respond positively, boost confidence and inject new vitality into the global economy and the development of all countries.

2.G20 members should actively implement existing commitments and introduce new measures to support growth.

In 2015, G20 reiterated its commitment to achieve the ambitious ambition announced by the Brisbane summit, that is to say, by 2018, the overall GDP growth of G20 will be increased by 2%. The Antalya action plan put forward the adjusted growth strategy and implementation plan for this purpose.

B20 is willing to continue supporting G20's initiatives and take effective and consistent actions to implement these plans and commitments.

3.B20 policy recommendations are practical, specific and feasible.

The 20 policy recommendations put forward by B20 in 2016 have condensed the consensus of all sides and are able to respond positively to the challenges currently facing the sustainable growth of the global economy, employment and inclusive development.

4.G20 members' actions are of vital importance.

By implementing the above policy recommendations, G20 will create a favorable environment for international business circles to develop trade and investment, create new business models and create employment opportunities. It is of great significance for G20 to build an innovative, dynamic, interactive and inclusive world economy and achieve the goal of strong, sustainable and balanced growth.

Figure: 2016 B20 chairman, Jiang Zengwei, chairman of CCPIT and Wang Dongzhu, chairman of Fujian Xun Wang network.

Summary of policy recommendations for B20

B20 expects the G20 leaders to implement their commitments and put forward new initiatives, especially to promote structural reforms so as to build a strong, sustainable and balanced growth of the world economy that is innovative, dynamic, interactive and inclusive.

Around the theme of G20 vision in 2016, B20 made the following 20 policy recommendations to G20 through five topics, namely, employment, financial growth, infrastructure, SME development, trade and investment, as well as discussions on the anti corruption forum.

Photo: Wang Dongzhu, chairman of Fujian Xun network.

Ma Yun, chairman of the board of directors of the group

In terms of innovating the global economic growth mode, it is recommended that:

1. implementation of SMART initiative initiatives to encourage entrepreneurship and innovation.

2., we should increase project reserves with high quality and strong financing, and promote the innovation of financial instruments for infrastructure investment.

3., play the role of multilateral development banks and institutions to promote private sector investment in infrastructure.

4, promote the development of green investment and financing market.

5, leveraging digital technology innovation and developing Inclusive Finance.

In promoting more efficient global economic and financial governance, it is recommended that:

6, optimize global financial regulation and help economic growth.

7, promote SME financing and expand capital channels.

8, increase the coordination of international tax policy, support debt financing and equity investment, and achieve inclusive growth.

9., intensify international anti-corruption cooperation and strengthen the construction of compliance capability.

10. enhance business environment pparency and support fair competition.

Photo: Wang Dongzhu, chairman of Fujian Xun Wang network, Baidu Inc founder, chairman and CEO Robin Li

In order to achieve strong international trade and investment, it is recommended that:

11., we must strengthen the multilateral trading system, oppose and curb trade protectionism and achieve trade growth.

12. promote the ratification of trade facilitation agreement (TFA) by the end of 2016 and promise to implement it as soon as possible.

13. support the initiative of the world electronic trading platform (eWTP) to promote cross-border electronic commerce rules and promote the promotion of cross-border electronic commerce rules.

Development.

14. develop capacity building and standard certification projects to promote the integration of SMEs into the global value chain.

15. enhance the global investment policy environment and help investment growth.

In promoting inclusive and coordinated development, it is recommended that:

16., eliminate structural obstacles and implement relevant measures to raise the employment rate of young people and women.

17. formulate relevant policies to reduce skills mismatch and capacity gap.

18., reduce the compliance costs of enterprises, enhance the participation of public procurement market, and support the development of SMEs.

19. use innovative technology and management tools to enhance the value of infrastructure projects.

20. strengthen the interconnection of infrastructure in the national, regional and global areas.

G20/B20 public-private partnership initiatives

G20 wisdom (SMART) innovation initiative

B20 recommends that G20 adopt the "smart innovation initiative" - an open network for the government, the private sector, institutions and research institutions to share resources, knowledge and results to promote technological innovation and promote global economic growth and employment growth.

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The wisdom innovation initiative follows five guiding principles:

Sustainable innovation,

Massive public platform (platform),

Network accessibility (Accessible network),

Revolutionary reform,

Technological innovation (Technological innovation).

The wisdom innovation initiative aims to promote cultural and educational exchanges among members of G20, provide multilateral long-term visa and fast clearance treatment for G20's innovative talents and entrepreneurs, develop G20 funds to promote technological innovation, and create G20 superior technology sharing platform.

"G20 brain platform".

World electronic trading platform (eWTP) initiative

B20 recommends that G20 support the concept of the world electronic trading platform (eWTP). This initiative will be led by the private sector, with many stakeholders involved in promoting public-private dialogue, incubating cross-border e-commerce rules, and creating more efficient policies and business environments for cross-border e-commerce development.

EWTP will become an open, pparent and non-profit platform to coordinate and cooperate with all stakeholders, including international organizations such as SMEs and trade development, governments, social organizations, etc., to assess the status quo, reflect demands, and hatch rules needed for the development of cross border e-commerce such as B2B and B2C.

Figure: Business Summit of group of twenty

The global infrastructure interconnection alliance initiative:

B20 welcomes the global infrastructure interconnection and alliance initiative proposed by G20.

Interoperability of pnational infrastructure is crucial to Global trade and economic growth. B20 recommends that G20 accept it as the "alliance" O participant, and hope that the alliance will build reliable implementation and financing mechanisms for cross-border infrastructure projects.

The alliance should explore the potential impacts and feasibility of building new industries or regional projects, such as the global energy Internet (GEI).