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BerichtGeplaatst: 14-12-2018 08:22:23    Onderwerp: economy with concrete actions being taken Reageren met citaat
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by Xinhua writers Zhang Jianhua and Wu Congsi


LONDON, Aug. 22 (Xinhua) -- The upcoming G20 summit in China is ""very valuable"" in enabling major countries in the world to talk about current global issues, said Mark Boleat, policy chairman of the City of London Corporation, one of the most powerful financial institutions in Europe.


In a recent exclusive interview with Xinhua, Boleat also said he expected the summit to give a further push to important international developments, promote international trade and develop green financing and infrastructure investment.


""The world economy is still very fragile, so we look to the governments of major countries to do whatever they can to promote economic growth and international trade, areas like green finance, infrastructure financing and fintech,"" he said.


ADDRESSING CONCERNS


Boleat, who has been Chairman of the Policy and Resources Committee of the City of London Corporation since 2012, said he hoped G20 leaders would reemphasize the importance of international trade amid rising concerns over trade barriers being re-erected.


""There are concerns about the development of international trade, about trade barriers being erected in some cases rather than being removed; there is a move throughout the world on concerns about the impact of globalization,"" the policy chief warned.


There's a need to reemphasize the importance of trade and how it benefits people in all countries, he urged.


""It [the world] will be looking to the G20 to make a pretty firm statement that international trade benefits all countries,"" he added.


The summit, he noted, could only help to improve the economy with concrete actions being taken by national governments.


""So if there can be an agreement on any measures that will help economic growth in individual countries, that will benefit the whole of the world economy,"" he told Xinhua.


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