Finance chiefs and central bank governors of the G20 group remained optimistic about the global economic growth despite many challenges, said Australia Treasurer Joe Hockey, whose country holds the G20 presidency, at a press conference on Friday.
The G20 countries concluded its final working session here on Friday, reiterating their goals reached in September.
The group reiterated their commitment to take measures to boost the global growth by 2 trillion U.S. dollars over the five years, develop a Global Infrastructure Hub to support infrastructure investment across the G20, stabilize the global financial system and ensure integrity in international tax system.
When asked about China's proposals to the meeting, the Treasurer said China has been one of the committed reformers and their proposals are deep and broad, which gives him encouragement.
According to Hockey, the policy proposals for reform from China will be revealed in the Brisbane summit in November.
Global economy in unsure takeoff: World Bank chief economist
2014-10-09IMF chief says global economy at inflection point
2014-10-03Global recovery remains weak as IMF-World Bank meetings kick off
2014-10-10Integration, economy, global issues get focus at 24th ASEAN Summit
2014-05-12Global economy needs bold action to solidify growth: IMF chief
2014-04-11IMF chief warns of prolonged subpar growth for global economy
2014-04-03Copyright ©1999-2018
Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.