Leaders from the Group of 20 industrialized and emerging economies kicked off their one-day discussion in London on Thursday. They are expected to have a busy day of intensive talks. A joint communique will be issued at the end of the summit.
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Chinese President Hu Jintao (4th L, 1st row), and other leaders attending the Group of 20 summit, and top officials from relevant organizations pose for group photos in London, Britain, April 2, 2009. [Li Xueren/Xinhua] |
Expectations are high that the leaders of the world's largest economies would be committed to a coordinated response to the economic crisis, an overhaul of the global financial architecture and restraint from protectionism.
The leaders will be aiming to enhance coordination of a global fiscal stimulus, reach a consensus on increasing loans to the IMF, and reaffirm commitment to anti-protectionism to help restore global sustainable economic growth and stabilize the financial market.
(CCTV April 3, 2009)