China hopes G20 summit boosts economic growth

BEIJING, June 11 (Xinhua) -- China's deputy foreign minister on Monday expressed hopes that the upcoming Group of 20 (G20) summit will continue to promote economic growth and stability against the backdrop of the volatile¹ world economic situation.

Deputy Foreign Minister Cui Tiankai made the remarks at a press briefing in Beijing on the 7th G20 Leaders' Summit scheduled to be held in Los Cabos, Mexico, next week.

Cui put forward a five-point list of China's expectations for the Los Cabos summit.

He said G20 member states should work together to overcome current difficulties and exhibit a spirit of win-win cooperation.

The member states should, first and foremost, run their own affairs well and enhance coordination² on macroeconomic policies on the basis of respecting each other's national conditions and stages of development, he said.

Cui said the most pressing problems for all member states include generating strong growth and maintaining the momentum³ of economic recovery.

He said all parties should address the issues of the Eurozone sovereign debt crisis, volatile commodity prices and financial market turmoil⁴ through constructive⁵ and cooperative discussions.

China hopes the summit will promote the establishment of a fair, just, inclusive and orderly international financial system and push forward the international financial governance reform, he said.

He called on all member states to implement⁶ the International Monetary⁷ Fund (IMF) quota⁸ and governance reform program, which was agreed upon in 2011, and increase the representativeness and voice of the organization's emerging markets and developing countries.

He also said he hopes the summit will push forward the improvement of the international monetary system and strengthen financial regulations, so as to make the financial system better serve the development of the real economy.

He pointed⁹ out that G20 countries should promote the healthy and stable development of international trade, fulfill¹⁰ the commitment to anti-protectionism in international trade and advance the Doha negotiations¹¹ so as to create a free, open, fair and just global trade environment.

He said China supports the G20 in discussing the global value chain issue, which could help developing countries participate in the global value chain to achieve common development.

Cui emphasized that China has always actively¹² cooperated with, and has played a constructive role in, the G20's efforts to combat the international financial crisis and strengthen global economic cooperation.

"China is speeding up its development mode, adjusting economic construction and maintaining a stable and fast momentum of economic growth, which is a great contribution to the world economy. China is confident in itself and hopes this summit will yield positive results in maintaining economic growth and stability," he added.

"It will depend on what efforts the G20 makes and what role the G20 can play in regards to the question of how long will it take for the G20 to combat the international financial crisis. The G20 has taken a very important step in the right direction, and still needs to take more steps forward," he said.

1 volatile   

adj.反复无常的，挥发性的，稍纵即逝的，脾气火爆的；n.挥发性物质

参考例句：

• With the markets being so volatile,investments are at great risk.由于市场那么变化不定，投资冒着很大的风险。
• His character was weak and volatile.他这个人意志薄弱，喜怒无常。

2 coordination   

n.协调，协作

参考例句：

• Gymnastics is a sport that requires a considerable level of coordination.体操是一项需要高协调性的运动。
• The perfect coordination of the dancers and singers added a rhythmic charm to the performance.舞蹈演员和歌手们配合得很好，使演出更具魅力。

3 momentum   

n.动力，冲力，势头；动量

参考例句：

• We exploit the energy and momentum conservation laws in this way.我们就是这样利用能量和动量守恒定律的。
• The law of momentum conservation could supplant Newton's third law.动量守恒定律可以取代牛顿第三定律。

4 turmoil   

n.骚乱，混乱，动乱

参考例句：

• His mind was in such a turmoil that he couldn't get to sleep.内心的纷扰使他无法入睡。
• The robbery put the village in a turmoil.抢劫使全村陷入混乱。

5 constructive   

adj.建设的，建设性的

参考例句：

• We welcome constructive criticism.我们乐意接受有建设性的批评。
• He is beginning to deal with his anger in a constructive way.他开始用建设性的方法处理自己的怒气。

6 implement   

n.(pl.)工具，器具；vt.实行，实施，执行

参考例句：

• Don't undertake a project unless you can implement it.不要承担一项计划，除非你能完成这项计划。
• The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。

7 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

8 quota   

n.（生产、进出口等的）配额，（移民的）限额

参考例句：

• A restricted import quota was set for meat products.肉类产品设定了进口配额。
• He overfulfilled his production quota for two months running.他一连两个月超额完成生产指标。

9 pointed   

adj.尖的，直截了当的

参考例句：

• He gave me a very sharp pointed pencil.他给我一支削得非常尖的铅笔。
• She wished to show Mrs.John Dashwood by this pointed invitation to her brother.她想通过对达茨伍德夫人提出直截了当的邀请向她的哥哥表示出来。

10 fulfill   

vt.履行，实现，完成；满足，使满意

参考例句：

• If you make a promise you should fulfill it.如果你许诺了，你就要履行你的诺言。
• This company should be able to fulfill our requirements.这家公司应该能够满足我们的要求。

11 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

12 actively   

adv.积极地，勤奋地

参考例句：

• During this period all the students were actively participating.在这节课中所有的学生都积极参加。
• We are actively intervening to settle a quarrel.我们正在积极调解争执。