Xinhua News Agency, Hangzhou, September 5 Xinhua

Group Leader of the Group of Twenty

September 5, 2016

Preface

1. We, the leaders of the Group of Twenty, met in Hangzhou, China, from 4 to 5 September 2016.

2. We meet in the global economy continues to recover, some economies, anti-risk ability to strengthen the new momentum began to appear at the moment. But economic growth is still weaker than expected. Financial markets are volatile, commodity prices fluctuate, trade and investment downturn, some countries, productivity and employment growth slow down and other risks still exist. Geopolitical trends, increased refugee and terrorist conflicts have led to a global economic outlook.

3. We are meeting important moments in the world economy's ongoing changes and global growth dynamics. This change brings challenges and uncertainties, but also contains opportunities. At this juncture, the decisions we make are important to deal with the many challenges of today's world and how to shape the future of the world economy.

4. We firmly believe that the Group of Twenty builds closer partnership and will act together to deliver confidence, enhance cooperation and promote universal prosperity and benefit the peoples of the world for economic growth.

5. We are determined to build an innovative, dynamic, linked and inclusive world economy and combine the 2030 sustainable development agenda, the Addis Ababa Agenda and the Paris Agreement to create a new era of global economic growth and sustainable development The

6. To this end, the Group of Twenty as the main forum for international economic cooperation, agreed to the following principles, to promote the world economy strong, sustainable, balanced and inclusive growth package of policies and measures to form a "Hangzhou consensus"

- look long. We will improve the G20 growth agenda, explore new drivers of growth, open up new growth points, promote innovation in an innovative and sustainable way, and better safeguard the common interests of the present and future generations.

- Comprehensive policy. We will innovate the concept of economic growth and policy, fiscal, monetary and structural reform policies, economic, labor, employment and social policy consistent, demand management and supply side reform, short-term policy and long-term policy, economic and social development And environmental protection.

- Expand and open. We will continue our efforts to build an open world economy, to oppose protectionism, to promote global trade and investment, to strengthen the multilateral trading system, to ensure that economic growth in the context of globalization offers opportunities for more people and universal support.

- inclusive development. We will ensure that the results of economic growth are shared by Pratt & Whitney to meet the needs of all countries and all the people, especially women, youth and vulnerable groups, to create more high-quality jobs, to eradicate poverty, to resolve inequalities in economic development, Anybody left behind.