Special Report: Xi's trip to promote win-win cooperation

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Special Report: Xi's trip to promote win-win cooperation

(Xinhua) 20:37, August 28, 2013

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BEIJING, Aug. 28 -- With President Xi Jinping scheduled to visit Central Asia and attend two major summits in the coming weeks, China is making another stride forward in promoting win-win interaction with the world.

The trip, said international relations experts, bears both regional and global significance, and will contribute greatly to realizing the "Chinese dream" of national rejuvenation and the world dream of lasting peace and common prosperity.

BOOSTING GLOBAL ECONOMY, ENHANCING ECONOMIC GOVERNANCE

Xi's attendance at the Group of 20 (G20) summit in St. Petersburg sends a message to the international community that China attaches great importance to the significant role the group plays in solving global economic problems.

China values and supports the G20 mechanism, and follows "a progressive and coherent policy" in boosting the global economy and enhancing economic governance, said Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.

As a slow recovery continues in developed countries and a slowdown bites into the emerging markets, Xi and his counterparts will discuss strategies on global coordination and economic governance in efforts to achieve a robust, sustainable and balanced economic growth.

Meanwhile, Xi will present China's current economic situation as well as its great economic potential to the international community, giving the lie to those mongering gloom on China's economic outlook.

With other heads of state, the Chinese president will also discuss how to improve global governance and build a fairer and more effective international economic order, including reforms of such organizations as the International Monetary Fund and the World Bank.

As the largest developing country, China will actively take part in global governance, as well as the setting and amending of international economic rules on investment, trade, finance and bulk commodity trades, said Chen Fengying, a senior director of China Institutes of Contemporary International Relations.