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4 key trends of economic development for G20 members from 2016 to 2017

CCTV.com

08-26-2016 10:30 BJT

Full coverage: G20 Hangzhou Summit

The think tank also issued a report outlining four trends of economic development for the G20 members from 2016 to 2017.

The report says new forms of growth will encourage innovation in technology and development so potential growth will continue in the future.

It also says that structural reform will promote economic growth in order to stimulate development vitality.

Another point is that an improved framework for financial governance will provide smooth and orderly international financial invironment and will establish a mechanism for stable growth in the global economy.

A final key point is that stronger international trade and investment will help create a greater level of openness in the economy, meaning that a global network will be gradually established in terms of integration of trading and investment.

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