China experience to be shared at G20 in Hangzhou

Plants are grown around greenhouses at a farm run by AKA Holdings in Beijing. [Photo/CRIENGLISH.com]

AKA know they have been lucky – innovations in technology, financing and regulatory reforms have made their task easier. But the Chinese government has made it known that more needs to be done to break down the barriers to creating new growth engines for the economy, especially in terms of restructuring and cutting red tape; creating partnerships at home and overseas; and in spreading the benefits of change to as many people as possible.

Zuo Xiaolei from China Galaxy Securities is believes the world is ready to learn from China's recent experience. And China is ready to reveal what it knows, in a spirit of friendship and cooperation.

"To prepare the G20 summit in Hangzhou, China has made lots of preparation, summoning meetings for finance ministers and central banks for many times to come up with discussion subjects, one of which is green financing. Discussing these topics in G20 will help the platform develop its role in shaping world's economic order."

China as hosts have put a huge amount of preparation into this G20 summit, and the agenda is extensive and detailed.

But as the opening session approaches, many experts and leaders around the world have expressed a strong feeling of optimism that Hangzhou could prove a turning point for the world economic order.