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B20 preview


08-31-2016 12:25 BJT

Full coverage: G20 Hangzhou Summit

Government leaders G20 will be soon in Hangzhou, and their meeting will be all about trade, geopolitics and the environment. Business people at B20, a separate confab held ahead of G20 summit, will have a more practical mission: networking to exploit more business opportunities.

Some 800 delegates from 20 countries will make up this year's B20 group, including half of them from over 150 Chinese companies. Big names include Baidu’s chairman Robin Li and Alibaba Group’s founder and chairman Jack Ma. Alibaba. What issues will be put on the table, and how will top executives contribute to G20 agenda?

The B20 will be held ahead of the G20 summit in Hangzhou. What issues will be discussed, and how will contribute to G20 agenda?

The B20 meetings were established in 2010 under the G20 framework, to provide the business community with a platform to influence global trade issues and economic governance.

This year, more than 800 delegates from across the globe are participating, and they will discuss the B20's six task-forces, namely Financing Growth, Trade and Investment; Infrastructure; SME Development; Employment; and Anti-Corruption.

The B20 has already submitted its latest policy recomendations to the G20. They put forward ideas on how to drive global growth, while developing more effective economic and financial governance; and how to encourage robust international trade and investment, while promoting inclusive and interconnected development.

The group also proposed three public-private partnerships: G20 SMART innovation; an Electronic World Trade Platform, or eWTP; and a Global Infrastructure Connectivity Alliance.

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