| Contributing to Global Growth | | The highlight of this year's Group of 20 Summit in Brisbane, Australia, was the formulation of a comprehensive growth strategy raising the collective GDP of all the 20 nations by 2 percent within five years. This is the first time that the G20 has set concrete goals for economic growth | | more | | |
 | | Investing in Resilient Growth | | Leaders of the Group of 20 (G20) have promised to work together to lift growth, boost economic resilience and strengthen global institutions upon concluding their summit meeting held in Brisbane, Australia, on November 15-16.
"This is the first time that G20 leaders have set a concrete goal for economic growth, and China will play an important role in implementing the action plan," said Xiong Aizong, a research fellow of world economics at the Institute of World Economics and Politics under the Chinese Academy of Social Sciences | | Full Story | |
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| China's Major Pledges at G20 Summit | - Expanding imports of over $10 trillion and increasing investment abroad above $500 billion in the next five years.
- Supporting the G20 in establishing the Global Infrastructure Hub and the Global Infrastructure Initiative, while promoting global infrastructure investment via such initiatives as the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
- Adopting the Special Data Dissemination Standards of the IMF to improve transparency. | | more | | | IMF's Special Data Dissemination Standard | The Special Data Dissemination Standard comprises four dimensions:
(a) coverage, periodicity and timeliness of data;
(b) access by the public;
(c) integrity of the disseminated data; and
(d) quality of the disseminated data.
For each of the four dimensions, the SDDS prescribes good practices that can be observed, or monitored, by users of statistics. | | more | | |
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