CCTV.com - CNTV English - CCTV News

Chinese president leaves for Japan after G20 summit

11-12-2010 16:51 BJT Special Report:President Hu Attends APEC Summit in Yokohama |

SEOUL, Nov. 12 (Xinhua) -- Chinese President Hu Jintao left Seoul on Friday afternoon for Japan after attending a summit of the Group of 20 (G20).

The Chinese president was traveling to Yokohama, Japan, for the 18th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) forum, which is slated for Saturday and Sunday.

Hu and other G20 leaders in Seoul discussed how to address the challenges to the ongoing global economic recovery and worked out measures to achieve strong, sustainable and balanced global growth.

The Chinese president elaborated on China's stand on the major topics on the meeting's agenda, including the world economic situation, the "Framework for Strong, Sustainable, and Balanced Global Growth," the reform of global financial institutions, the strengthening of financial regulations, and development issues.

At the previous four summits, the G20 leaders formulated measures against the international financial crisis. The summits have played an important role in returning the world economy to growth, stabilizing international financial markets, and ensuring the confidence of the public and business.

When they met last June in Toronto, Canada, the G20 leaders agreed on the importance of safeguarding and strengthening the recovery while laying the foundation for strong, sustainable and balanced growth, and strengthening the financial systems.

The G20 was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.

The members of the G20 are: Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United States, and the European Union (EU).

Together, the G20 members represent around 90 percent of the global gross national product, 80 percent of world trade (including EU intra-trade) as well as two thirds of the world's population.

Editor:Jin Lin |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program