The focus will be on greater openness in the agriculture, mining, manufacturing and services sectors. We will set up six new pilot free trade zones and open a new section of the Shanghai Pilot Free Trade Zone, and will speed up exploration of building a free trade port in Hainan province. Second, greater initiative will be demonstrated in expanding imports. We will further bring down China's overall tariff level, strive to remove non-tariff trade barriers, and slash institutional costs of imports.
Third, more steps will be taken to improve the business environment. In the new legal framework for foreign investment that is to take effect on 1 January next year, we will introduce a punitive compensation mechanism for intellectual property infringement cases and make the relevant civil and criminal laws more stringent to deliver better IP protection.
Fourth, equal treatment will be extended to all foreign investment. We will lift all foreign investment restrictions beyond the negative list, and provide equal treatment to all types of businesses registered in China in the post-establishment phase.
A complaint mechanism will be set up for foreign companies to air their grievances. Fifth, greater efforts will be made to advance trade talks. Xi Jinping stressed that China has full confidence in following its path and running its own affairs well. At the same time, China will work in the spirit of peaceful co-existence and win-win cooperation with all other countries to build a community with a shared future for mankind and to tirelessly pursue a brighter future of the global economy.
Leaders attending the Summit discussed various topics including world economic situation, trade, investment, innovation and digital economy. As the world economy is facing increasing risks and uncertainties, many leaders expressed their worries over serious hazards brought by unilateralism and protectionism, and agreed that all sides should strengthen communication and dialogue, maintain unity and cooperation, boost macro-policy coordination, advance structural reform, deepen cooperation in such fields as innovation, climate change, energy, education and environment, protect the multilateral trade system, and conduct necessary reforms of the WTO.
For more information on engagement groups, please visit the official G20 website. All official documents for the current year are available on the official G20 website. Services and information Overview and membership Overview of G20 membership. Work process Overview of the structure and work streams of the G Official documents Official documents from current and past G20 meetings.
Overview and membership The G20 is the primary forum for international economic cooperation among its members. The G20 comprises 19 countries and the European Union. Our participation For Canada, the G20 is an important platform to influence global economic, financial, and trade policy issues. At the G20, Canada continues to: promote the importance of economic opportunity for all of our citizens, including women and youth; reinforce our commitment to rules-based trade; and, call for ambitious action on climate.
Work process The presidency of the G20 rotates every year among its members. Work streams and ministerial meetings The G20 working process changes from year to year. US Politics, Summed up in a Tweet. Osaka — the Host with the Most? Watch out Macron, Abe has his eyes on Trump. The G20 is the central forum for international cooperation on financial and economics issues. The overarching theme of this summit is "Building Consensus for Fair and Sustainable Development" and Argentine President Mauricio Macri has highlighted three priorities: 1 the future of work, with the goal of "unleashing people's potential"; 2 infrastructure for development, by "mobilizing private resources to reduce the infrastructure deficit"; and 3 a sustainable food future by "improving soils and increasing productivity".
Beyond dirty development: can the Right do subsidy reform right? Great opportunity, terrible timing. Live from the Bubble: life in the International Media Centre. Timing is Everything in Global Summitry…. Hashtags and Glad Rags: What becomes of the G20 in the age of social media?
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